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$ 950,000

Est. payment -/mo

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1824 W Hood AVE Chicago, IL 60660

7 Beds

3,920 Sqft Lot

UPDATED:

10/15/2024 05:06 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12184405

Bedrooms 7

Year Built 1916

Annual Tax Amount $8,017

Tax Year 2023

Lot Size 3,920 Sqft

Lot Dimensions 40X100

Property Description

1824 W Hood Ave is a gut-rehabbed legal 2-unit + (1) garden unit on quiet residential street. Just a few blocks away from the brand new Peterson & Ridge Metra Station, no expenses were spared in this rehab. It features all new utilities throughout, interior unit finishes, some upgraded windows, etc. Sitting on a 40x100 lot, 1824 W Hood Ave has rear and side parking for up to 8 vehicles! The 2nd floor unit is a 3br/1ba, 1st floor and garden units are 2br/1ba. All units feature in-unit washer/dryer and individual HVAC. This property is ready for your clients to move into today and start collecting rents from day one, or it can be used for investment purposes with a proforma 6.5 cap rate - all you have to do is rent it out. Estimate of +80k in annual rents when it's all rented out! Property shows extremely well and will be delivered vacant. Bring your clients to check it out! Floor plans available in additional documents.

Location

State IL

County Cook

Area Chi - West Ridge

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Waterfront false

Building

Dwelling Type Two to Four Units

Water Lake Michigan

New Construction false

Schools

School District 130 , 130, 130

Others

Ownership Fee Simple

Special Listing Condition None

Listed by John Preston • Horvath & Tremblay IL, LLC

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