2702 W 24th Street, Chicago, IL

Multi-family for Sale - $599,900


Agent Info

Bill Erdman
CENTURY 21 Circle

Property Info

CIMLS#1157941
Location
  2702 W 24th Street
  Chicago IL 60608
UpdatedApril 11th, 2024
TypeMulti-family
Price$599,900

Property Description

Very well maintained 6 unit property offers and Incredible Investment opportunity. Property consists of a Brick 4 unit with full basement on the front of the lot and a Brick 2 unit on the rear of the lot. All units have individual gas and electric meters and pay their own utilities! Front building consists of a 3 Bedroom on the 1st floor...a 2 bedroom (2nd rear) and a 1 bedroom (2nd front) plus a 4 bedroom 3rd floor. All units have GFA furnaces. Many upgrades including Kitchens/Baths/Flooring. Coin-op washer and Dryer in basement Laundry Room is used by all 6 units. Rear building consists of 2 units both 3 bedrooms with hardwood flooring on 2nd floor an individual GFA furnaces. Rear property also has updated Kitchens and Baths! Also, a large walk up attic. Ceiling fans throughout all 6 units. All appliances (2016 or newer) owned by Seller. 4 furnaces installed after 2016. Great location...walk to Pink Line! Near Millennium Park,Chinatown, Lakefront, Museum Campus, UIC and so much more the city has to offer. Current gross rental income $70,620...potential to add value as rents are currently under market. Notice required to show...fully occupied. Well managed building!


Financials


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