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$ 995,000

Est. payment -/mo

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Price Dropped by $85K

4650 W Warwick AVE Chicago, IL 60641

UPDATED:

10/20/2024 05:06 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12173259

Maintenance Fees $900

Year Built 1918

Annual Tax Amount $14,406

Tax Year 2023

Lot Dimensions 30 X 125

Property Description

LOCATED IN THE HIGHLY DESIRABLE NORTHWEST SIDE OF CHICAGO, THIS WELL-MAINTAINED CORNER RED BRICK BUILDING FEATURES SIX (6) SPACIOUS 2BD/1BA UNITS. THIS PROPERTY OFFERS EXCELLENT AMENITIES, INCLUDING A 3-CAR ATTACHED GARAGE AND AN ON-SITE, BUILDING-OWNED LAUNDRY FACILITY FOR TENANT CONVENIENCE. THE BUILDING IS SERVICED BY OWNER-PROVIDED HOT WATER, WHILE RESIDENTS ARE RESPONSIBLE FOR THEIR OWN COOKING GAS, HVAC GAS, AND ELECTRICITY. THIS PROPERTY IS IDEALLY POSITIONED TO GENERATE CONSISTENT RENTAL INCOME AND OFFERS STRONG POTENTIAL FOR FUTURE APPRECIATION IN A SOUGHT-AFTER NEIGHBORHOOD. THIS IS A RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: -75-GALLON HOT WATER TANKS (INSTALLED IN 2022) -SEPARATE GAS HVAC FOR EACH UNIT (RESIDENT PAID) -BUILDING-OWNED LAUNDRY FACILITY -(3)-CAR ATTACHED GARAGE

Location

State IL

County Cook

Area Chi - Portage Park

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Listed by Jamison Klassman • Revive Real Estate LLC

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