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Tim Stassi

timstassi@dwellonerealty.com +1(312) 371-1070

$ 860,000

Est. payment -/mo

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Active

706 S Claremont AVE Chicago, IL 60612

8 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12481537

Style Row House

Bedrooms 8

Year Built 1884

Annual Tax Amount $12,642

Tax Year 2023

Lot Dimensions 20 X 125

Property Sub-Type Two to Four Units

Property Description

Fantastic legal 3 unit building with large units on a quiet street in Tri-Taylor/ Medical District neighborhood. Just appraised at $895k! Buy with Equity, Cast Flow with room to ADD VALUE! 2 units have 3 bedrooms, 2 full baths, fireplaces and have been remodeled featuring new cabinets, quarts countertops, SS appliances, in-unit laundry and refinished hardwood floors. They also have new AC units (1 with a new high-efficiency furnace) and custom blinds throughout. The garden unit features 2 bedrooms and 1 bath and has not yet been remodeled leaving a ton of value add opportunity for you. Additional Income from the coin operated laundry room used by the building next door. (These 2 buildings used to be owned by the same person) Units 1 and 2 Remodeled 2024-25 Electrical boxes updated - 2024 Siding & Opener on 2 Car Garage- 2024 Roof- 2023 Water heater-2023 Newer back decks/stairway 2018 Landscaping in Common area garden space 2024. Experience the best of Chicago in the heart of the Medical District, a beautiful walkable neighborhood full of rich cultural history. minutes to the loop, the United Center, Little Italy, Fulton Market, Randolph St, etc. VIDEOS OF THE 2 FINISHED UNITS AVAILABLE. Owned, managed and listed by Licensed Real Estate Broker- Kale Realty Chicago IL

Location

State IL

County Cook

Area Chi - Near West Side

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Equipment CO Detectors, Ceiling Fan(s), Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

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

Virtual Tour https://drive.google.com/drive/folders/1KOqF-DURvgJnyZ0HK-xZ-ZYPKHD-cMUI?usp=share_link

Listed by Shea Rousselle of Kale Realty

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Tim Stassi

+1(312) 371-1070

Broker/Owner

Tim Stassi

706 S Claremont AVE Chicago, IL 60612

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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706 S Claremont AVE