2700 W Albion AVE Pending

Chicago,IL 60645

$ 900000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12148539

Maintenance Fees $1,000

Year Built 1918

Annual Tax Amount $11,393

Tax Year 2023

Lot Dimensions 125 X 25

Property Description

Well-maintained long-time family-owned, legal 6-flat offers an exceptional opportunity for investors. Recently updated with a full tear-off roof in 2023 and a newly replaced parapet wall, this property is primed for long-term stability. Each unit is on a month-to-month lease with under-market rents, providing significant potential for increased passive income. The building features a 2-car garage, with all units equipped with their own furnace, and four units with central air conditioning (HVAC 2016). Located in the desirable West Ridge neighborhood, this property represents a solid investment with room for value growth. Don't miss out on this opportunity to enhance your portfolio and capitalize on its potential.

Location

State IL

County Cook

Area Chi - West Ridge

Zoning MULTI

Interior

Cooling Central Air,Central Individual,Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

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