6828 S Normal Boulevard Active

Chicago,IL 60621

$ 415000

13 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12135454

Bedrooms 13

Year Built 1908

Annual Tax Amount $2,082

Tax Year 2022

Lot Dimensions 25 X 125

Property Description

Excellent turnkey investment property opportunity! This spacious rare find consists of three units and is located on a quiet block across the street from a STEM school. The property underwent a complete renovation in 2022 and currently generates $48,000 in annual revenue. In 2022, a new roof was installed, along with three new water heaters. The property also features three furnaces, ranging in years from 2020 to 2022, as well as three new central air units. Additionally, the back porch was replaced in 2022. Two of the units are extra-large, with five bedrooms and two bathrooms each, while the third unit is a garden unit with three bedrooms and one bathroom. The property boasts hardwood floors, modern paint throughout, and updated kitchens and bathrooms. It also has high ceilings throughout. Long-term tenants occupy Two apartments on the 1st and 2nd floors. Please do not disturb the tenants. Both tenants are month-to-month. Garden Unit Tenet is moving on 10/31/2024. All tenants are willing to continue renting and consistently pay their rent on time but also are willing to move if needed. This is a lucrative investment that will quickly recoup its costs. The building is being sold "AS IS." No known violations.

Location

State IL

County Cook

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace N

Exterior

Waterfront false

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 None

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