$ 900,000
2700 W Albion Avenue Chicago, IL 60645
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 900,000
Est. payment /mo
Active Under Contract
2700 W Albion Avenue Chicago, IL 60645
UPDATED:
11/08/2024 03:43 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12148539
Year Built 1918
Annual Tax Amount $11,393
Tax Year 2023
Lot Dimensions 125 X 25
Property Description
Well-maintained long-time family-owned, legal 6-flat offers an exceptional opportunity for investors. Recently updated with a full tear-off roof in 2023 and a newly replaced parapet wall, this property is primed for long-term stability. Each unit is on a month-to-month lease with under-market rents, providing significant potential for increased passive income. The building features a 2-car garage, with all units equipped with their own furnace, and four units with central air conditioning (HVAC 2016). Located in the desirable West Ridge neighborhood, this property represents a solid investment with room for value growth. Don't miss out on this opportunity to enhance your portfolio and capitalize on its potential.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air, Central Individual, Window Unit(s)
Fireplace Y
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Saladino • Keller Williams ONEChicago