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$ 1,625,000
Est. payment | /mo
0.57 Acres Lot
$ 1,625,000
Est. payment | /mo
0.57 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12397766
Maintenance Fees $2,450
Year Built 1963
Annual Tax Amount $26,869
Tax Year 2023
Lot Size 0.570 Acres
Lot Dimensions 110 X 213
Property Sub-Type Multi Family 5+
Property Description
An exceptional opportunity to own a 12-unit all-brick multifamily building with strong rental appeal and a prime location just steps from Commissioners Park. This well-maintained property features eight 2-bedroom units and four 1-bedroom units, with 10 units offering private balconies for added tenant enjoyment. Key Highlights: Tenant-paid electric and cooking gas - each unit has its own electric meter. All units remodeled (except one) - modern finishes and move-in ready. New patio doors and windows throughout - replaced within the past 4 years. Hot water heater replaced in 2017. All units include refrigerator, stove, and window A/C unit. 17 dedicated parking spaces plus a detached 2.5-car garage. Walking distance to parks, recreation, and amenities. This turnkey investment is perfect for both seasoned and first-time investors seeking a low-maintenance property with excellent features, updated mechanicals, and consistent cash flow. Don't miss out on this rare opportunity to own a stable, income-producing asset in a sought-after location!
Location
State IL
County Cook
Area Chicago Ridge
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sheila Yakutis of RE/MAX 10
GET MORE INFORMATION
Michael Bempah
Broker | License ID: 475.175881
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