2407 S Albany AVE

Chicago,IL 60623

$ 190000

8 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12210857

Bedrooms 8

Year Built 1890

Annual Tax Amount $2,004

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25 X 125

Property Description

Great investment opportunity in Little Village - 2 bi-level units. Located in the heart of Little Village, this multi-unit building offers a fantastic opportunity for investors or homeowners seeking a project with potential. The property features 2 bi-level units, each with ample living space and the opportunity for light renovations to bring them up to modern standards. Front unit features 4 bedrooms and 1 bathroom. This spacious unit offers plenty of room for family living, with potential for updating finishes and flooring to increase its appeal. Rear unit features 4 bedrooms and 2 bathrooms. With a larger layout, this unit offers more flexibility for a growing family or tenants seeking additional space. Like the front unit, it would benefit from some cosmetic updates to unlock its full potential. Both units are in good working condition and feature solid mechanics, including a roof that had repairs completed on the south side in 2016. A detached 2 car garage provides convenient off-street parking, plus a rear exterior space that for extra parking options or the potential for outdoor use. This is an ideal property for those looking to invest in a property with solid bones that could be renovated to increase value. Whether you are an investor or a homeowner looking to create your dream space, this property has the potential to provide great returns.

Location

State IL

County Cook

Area Chi - South Lawndale

Zoning MULTI

Rooms

Basement Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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