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$ 380,000

Est. payment -/mo

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Active

6944 S Carpenter ST Chicago, IL 60621

7 Beds

UPDATED:

10/17/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12074733

Bedrooms 7

Year Built 1909

Annual Tax Amount $1,950

Tax Year 2022

Lot Dimensions 3,125

Property Description

Discover this well-maintained 2-flat apartment building nestled in the vibrant Englewood neighborhood of Chicago. With one spacious 4-bedroom apartment and a comfortable 3-bedroom apartment, this property offers flexibility for various living arrangements or investment strategies. Its good condition, combined with room for value add, makes it an excellent candidate for a 203k loan and rehab, perfect for those looking to enhance its potential. First Apartment Bedrooms: 4 Bathrooms: 1 Features: Bright and open living area with ample natural light Functional kitchen with plenty of storage space Generously sized bedrooms, each with ample closet space Well-maintained bathroom with modern fixtures In-unit laundry potential for added convenience Second Apartment Bedrooms: 3 Bathrooms: 1 Features: Cozy living room with a welcoming atmosphere Efficient kitchen layout with updated appliances Comfortable bedrooms ideal for families or roommates Modern bathroom with contemporary finishes Potential for in-unit laundry Property Highlights Condition: This property is in good condition and ready for immediate occupancy, yet it still offers opportunities for value add through renovations or upgrades. Location: Situated in Englewood, this building is close to public transportation, schools, parks, and local amenities. The area is undergoing revitalization, making it an attractive location for investment. Short-Term Rental Potential: Both units are suitable for short-term rentals, offering flexibility for generating income through platforms like Air-BNB. Investment Opportunity: Ideal for investors looking to leverage a 203k loan for rehab, this property offers significant potential for increasing its value and maximizing rental income. Investment Potential This 2-flat building is an excellent choice for investors or homeowners looking to capitalize on the growing Englewood area. With room for enhancements and the ability to generate substantial rental income, this property represents a sound investment. Schedule a Viewing Don't miss out on this fantastic opportunity. Contact us today to schedule a private viewing and see the potential this property holds.

Location

State IL

County Cook

Area Chi - Englewood

Rooms

Basement Partial

Interior

Heating None

Fireplace N

Exterior

Waterfront false

Building

Dwelling Type Two to Four Units

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Vincent Ewing • Keller Williams ONEChicago

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