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$ 1,300,000
Est. payment | /mo
7,405 Sqft Lot
$ 1,300,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12221337
Maintenance Fees $2,000
Year Built 1925
Annual Tax Amount $21,827
Tax Year 2023
Lot Size 7,405 Sqft
Lot Dimensions 45X180
Property Description
Are you in the market for a turn key arm chair investment....look no further. This is a solid brick 12-Unit in the heart of Austin, that is vastly appreciating, while generating 162,000 per year with room for rent increases. Common areas and units are in great condition, consisting of 3-2br and 9-1br units with hardwood flooring, separate living/dining room, separate furnaces. Many updates throughout including 7 units with new bathrooms and kitchens that include granite countertops and new appliances, newer plumbing in many areas, new roof, spot tuckpointing, new rear concrete, newer porches. Tenants responsible for electric, gas, heat. Each apartment has its own furnace. Close to public transportation and expressway providing easy access to Downtown. Maintenance man stays onsite. 2023 taxes were not appealed, however the 2024 taxes have been appealed and will reflect 2022 taxes which were much lower.
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Aziz Abdelmajeid • PMI Chi-Town
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "