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William Sherman

shermangroupchicago@gmail.com +1(312) 436-2030

Listed by Danica Matosof Smart Home Realty

Est. payment | -/mo

9 Beds

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Est. payment | -/mo

Save

9 Beds

Open House

Sun Aug 30, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12740698

Bedrooms 9

Year Built 1926

Annual Tax Amount $7,226

Tax Year 2024

Lot Dimensions 35X125

Property Sub-Type Two to Four Units

Property Description

TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

Location

State IL

County Cook

Community Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Unfinished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Nearby Locations

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William Sherman

Broker-Associate Lic# 475212791

shermangroupchicago@gmail.com

+1(312) 436-2030

900 N. Michigan, Suite 800, Chicago, IL 60611

8010 S Phillips AVE Chicago, IL 60617

William Sherman

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

8010 S Phillips AVE

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