- 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
Based on information submitted to the MLS GRID as of 6/7/2025 10:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
