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$ 850,000
Est. payment /mo
Active Under Contract
2115 W Melrose Street Chicago, IL 60618
8 Beds
UPDATED:
12/16/2024 09:17 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 11994248
Bedrooms 8
Year Built 1891
Annual Tax Amount $13,875
Tax Year 2022
Lot Dimensions 25X125
Property Description
This is a great opportunity to turn this 4 unit into a cash-flowing asset! Tons of potential here, the building is a legal 4-unit building with each unit having 2 bedrooms and 1 bath. Two of the units are vacant, one is tenant-occupied, paying $1,100 a month and the other is owner-occupied. Additionally, the upstairs units can be duplexed up and turned into a spacious 3-bedroom apartment! The electrical has been updated but the rest of the property will need some work. The property has been family-owned for over 40 years.
Location
State IL
County Cook
Rooms
Basement Partial
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water 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 Juan Ventura • eXp Realty, LLC