214 N Kolin AVE Pending Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60624
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12007096
Style A-Frame
Bedrooms 7
Year Built 1885
Annual Tax Amount $1,586
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
Discover an unparalleled investment opportunity with this exceptional three-unit building in Chicago's thriving West Garfield Park neighborhood. Perfectly suited for house hacking, this property offers the rare chance to live in one unit while collecting rent from your first day of ownership, offsetting your mortgage, creating an income stream and building equity effortlessly. The building features three separate units, each with unique layouts and generous living spaces, appealing to a wide range of tenants. Significant updates have been made, including newer HVAC, kitchen appliances, refreshed bathrooms, new underground and basement plumbing and significant roof repairs. These enhancements not only increase rental appeal but also reduce immediate maintenance concerns. All units have separate gas and electric meters. This is a solid building on a brick/stone foundation. Ideal for the live in owner. 48 hour notice required due to tenants. Lot next door can be purchased from the City of Chicago's Adjacent Land Acquisition. Broker-owned interest.
Location
State IL
County Cook
Area Chi - West Garfield Park
Zoning MULTI
Interior
Heating Natural Gas,Electric
Exterior
Waterfront false
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition None