322 S Kostner AVE Active 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 Active
Purchase Type For Sale
MLS Listing ID 12494016
Bedrooms 7
Year Built 1907
Annual Tax Amount $1,799
Tax Year 2023
Lot Dimensions 3105
Property Sub-Type Two to Four Units
Property Description
Step into one of West Garfield Park's most strategic investment opportunities. This turn-key legal 3-unit offers immediate income potential and long-term appreciation upside, positioned in the heart of a targeted residential & commercial redevelopment zone where over 30 new multi-unit projects are slated to break ground next year. Each apartment has been expertly renovated with the modern finishes, new kitchens and baths, updated mechanicals, and separate utilities-providing a truly move-in ready low-maintenance experience. Perfect for owner-occupants using FHA or Conventional financing, or investors seeking a strong, cash flowing asset in a neighborhood on the rise. Highlights: *Fully renovated, inspection ready 3-unit building *Separate utilities & updated systems throughout *Strong rent potential supported by area comps *Minutes from CTA, I-290 & major West Side development corridors *Future new-construction projects will continue to elevate neighborhood value. Back on the market-not because of the property, but because of the buyer. Previous financing fell through: seller is now focused on qualified, ready-to-close buyers. Seller is a licensed developer with multiple new builds planned nearby, positioning this property at the forefront of West Garfield Park's transformation. Own now, benefit later. This is your chance to secure a fully renovated, income-producing property before the next wave of appreciation hits. Showing by appointment only. Pre-Approvals required.
Location
State IL
County Cook
Area Chi - West Garfield Park
Rooms
Basement Finished,Full,Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.5
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None