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$ 475,000
$ 469,000 1.3%
Est. payment | /mo
8 Beds
$ 475,000
$ 469,000 1.3%
Est. payment | /mo
8 Beds
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12161041
Sold Date 11/08/24
Bedrooms 8
Year Built 1918
Annual Tax Amount $3,497
Tax Year 2022
Lot Dimensions 50X125
Property Description
**Prime Investment Opportunity in Austin - Don't Miss Out!** Discover this outstanding investment property in the heart of Austin. This solid, center-entrance brick legal 4-unit building features four spacious 2-bed, 1-bath units, each with heated sun porches. Additionally, the property includes a finished 1-bed, 1-bath garden unit, plus an space for a second garden unit or duplex, offering significant value-add potential. Each unit is equipped with its own furnace, with tenants covering their own gas and electric utilities. One unit is owner occupied, the rest are tenant occupied. The property also boasts a 4-car parking pad in the rear, adding convenience and appeal to tenants. Sold **AS-IS**, this is your chance to bring your vision and offers! Ideal for investors looking to add a reliable income-generating property to their portfolio. The roof was replaced in 2021 and 3 furnaces has been replaced recently Pictures from Unit 1 during vacancy Schedule your showing today!
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment Security System
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Waterfront false
Parking Type Off Alley
Building
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Claes Brameus • Coldwell Banker Realty
Bought with Jessica Mueller • Chicagoland Brokers Inc.
Bought with Jessica Mueller • Chicagoland Brokers Inc.
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Sanjay Marathe
REALTOR® | Lic# 475168373