This exceptionally located 8-unit brick building in the Belmont Cragin neighborhood of Chicago is perfect for a local investor. There are 4 beautifully renovated units collecting $1295 per month and feature with stainless appliances, updated cabinets, new flooring, updated bathrooms with new tile and vanities, and more. There are 4 older units in various condition with longer-term tenants that currently pay $1150-1200. The building is on a boiler with two hot water tanks, window a/c for the tenants, has coin laundry in the basement, and a 4-car garage. Two units have parking included, and two spots are rented for $200 to an outside renter. This building is a great investment for someone who wants to gradually do some value-add work and increase their income. Lot size estimated at 49x125. Broker interest.
Based on information submitted to the MLS GRID as of 07/27/2024 03:16 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.
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