2733 N Austin AVE Active

Chicago,IL 60639

$ 999000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12065458

Maintenance Fees $1,925

Year Built 1931

Annual Tax Amount $14,515

Tax Year 2022

Property Description

This exceptionally located 8-unit brick building in the Belmont Cragin neighborhood of Chicago is perfect for a local investor. There are 4 beautifully renovated units collecting $1295 per month and feature with stainless appliances, updated cabinets, new flooring, updated bathrooms with new tile and vanities, and more. There are 4 older units in various condition with longer-term tenants that currently pay $1150-1200. The building is on a boiler with two hot water tanks, window a/c for the tenants, has coin laundry in the basement, and a 4-car garage. Two units have parking included, and two spots are rented for $200 to an outside renter. This building is a great investment for someone who wants to gradually do some value-add work and increase their income. Lot size estimated at 49x125. Broker interest.

Location

State IL

County Cook

Area Chi - Belmont Cragin

Interior

Cooling Window Unit(s)

Building

Dwelling Type Multi Family 5+

Structure Type Brick

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