2300 W Garfield BLVD Active

Chicago,IL 60609

$ 615000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12327232

Maintenance Fees $1,200

Year Built 1962

Annual Tax Amount $5,091

Tax Year 2023

Lot Dimensions 46X140

Property Sub-Type Multi Family 5+

Property Description

EXCELLENT OPPORTUNITY for a (6) unit income producing MULTI-FAMILY INVESTMENT BUILDING NEAR THE ORANGE LINE train station, Gage Park, soccer field, schools, convenient shopping, CTA, etc. Beautiful property, rarely available!! Well maintained property. Units are spacious & in excellent condition w/many updates in the last 3-4 years. LRs & BRs have hwd floors. Very nice kitchens! Appliances included. Fully occupied. Tenants pay electric. SOLD AS-IS. Rents are low due to long-term tenants, consequently there's an Incredible opportunity for upside in rental income. ESTIMATED POTENTIAL RENTAL MKT VALUE of 1500+ for 2 BR units & 1BR 1200+!! Parking for 6 cars. Roof, y2022. HWT y 2023. Well maintained heating system!! Freshly painted entrance common areas!! Come see!! Don't delay... the high demand for rental apartments & short supply of multi-family properties makes this a true solid investment for you!! Ideal location...nearby ORANGE line to MIDWAY & EXPRESSWAY, schools, etc. ** Preapproved buyers, please**

Location

State IL

County Cook

Area Chi - Gage Park

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

View More
Favorite Go Tour