IL > Chicago
Chicago, IL 60624,Address not disclosed
Chicago, IL 60624,Address not disclosed
Chicago, IL 60624,Address not disclosed
Chicago, IL 60624,Address not disclosed
Chicago, IL 60624,Address not disclosed
Chicago, IL 60624,Address not disclosed
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 595,000
Est. payment | /mo

4,200 SqFt

Save
$ 595,000
Est. payment | /mo
Save

4,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $141

MLS Listing ID 12512155

Maintenance Fees $8,800

Year Built 1915

Annual Tax Amount $2,751

Tax Year 2023

Lot Dimensions 88 x 50.2

Property Sub-Type Multi Family 5+

Property Description

Outstanding investment opportunity! This 6-unit apartment building features 2 three-bedroom/1 bath units and 4 two-bedroom/1 bath units, all well-maintained and fully leased. Each apartment is equipped with its own furnace, central (rooftop) A/C, and hot water tank - tenants are responsible for their own utility costs - making this a low-expense, high-yield property. Tenants pay for their own internet and cable. Highlights: Consistent occupancy: Several tenants in place 5+ years, with only one turnover in the past year. All units include carpeted bedrooms and owner-supplied stoves and refrigerators. Roof: Modified bitumen (torch-down) roof, 4 years old, under warranty. Exterior: One porch replaced 3 years ago. Lower level: Flexible common area with shower and fireplace, perfect for a lounge, gym, or additional tenant amenity. Located: Across from Tilton Grade School and only 1.5 blocks from the Pulaski Green Line EL stop, offering easy commuter access and family-friendly surroundings. Investment Advantages: The property lies within both an Illinois Empowerment Zone and a Federal Enterprise Zone, providing potential tax exemptions on building materials and equipment, utility cost exemptions, and investment tax credits - all enhancing your return on investment. All together this is a stable, income-generating property in a desirable, transit-accessible location - easy to manage and ready to perform from day one! The sale will be "AS IS"

Location

State IL

County Cook

Area Chi - West Garfield Park

Zoning MULTI

Rooms

Basement Partially Finished, Bath/Stubbed, Roughed-In Fireplace

Interior

Cooling Central Individual

Fireplaces Number 1

Fireplace Y

Exterior

Utilities Available Water Available

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Concrete,Stone

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bruce Heller of  Coldwell Banker Realty 
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Michael Bempah
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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