• Status Sold
  • Sale Price $495,000
  • Bed 8 Beds
  • Bath Not provided
  • Location West Chicago

This investment opportunity presents a well-maintained all-brick 4-flat building generating $60k in annual rental income from Section-8 tenants. Each of the four 2-bedroom, 1-bathroom units includes a separate basement for tenant storage and washer/dryer hookups. With low property taxes and tenants responsible for utilities, the property offers immediate returns and long-term growth potential. It's turnkey, suitable for investors at any experience level. FHA loan potential for owner occupied investor with 3.5% down payment.

General Info

  • List Price $499,000
  • Sale Price $495,000
  • Bed 8 Beds
  • Bath Not provided
  • Taxes $2,674
  • Market Time 85 days
  • Year Built 1964
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Listed by
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 16
  • Bedrooms 8 Beds
  • Bathrooms Not provided

Features

  • Heat Gas
  • Air Conditioning Not provided
  • Appliances Not provided
  • Amenities Street Lights, Street Paved
  • Parking Space/s
  • Age 51-60 Years
  • Exterior Brick