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$ 410,000

Est. payment -/mo

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Price Dropped by $29K

7352 S Langley AVE Chicago, IL 60619

4,800 SqFt

UPDATED:

10/16/2024 04:38 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $85

MLS Listing ID 12159570

Year Built 1925

Annual Tax Amount $3,375

Tax Year 2023

Lot Size 5,227 Sqft

Lot Dimensions 43 X 125

Property Description

Don't miss this Opportunity to own a Beautiful 6-unit brick property, ideally situated just minutes from the beach, Tiger Woods golf course, and the Obama Center! This fully occupied gem boasts impressive rental income and an exceptional cap rate around 13%! Making this a prime choice for savvy investors. Each of the 1-bedroom units features hardwood floors and individually controlled furnaces, ensuring low operating expenses and maximizing your returns. The front 2 units are LARGE and could possibly be converted to a two bed. The property's basement offers a ton of additional space and potential for upgrades and extra income generation, providing even more value and opportunity. Don't miss your chance to invest in this prime Chicago real estate Call and schedule your viewing today before this investment opportunity is gone!

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

Listed by Thomas Sweeney • Baird & Warner

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