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$ 250,000
Est. payment /mo
Active Under Contract
7552 S Union Avenue Chicago, IL 60620
6 Beds
UPDATED:
10/28/2024 03:47 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12180292
Bedrooms 6
Year Built 1888
Annual Tax Amount $2,109
Tax Year 2023
Lot Dimensions 5,000
Property Description
Discover the potential of this spacious brick 2-unit multi-family building in the developing Englewood neighborhood of Chicago, offering nearly 2,000 sq ft of living space! Renovated in 2022, this property features a long-term tenant in the first-floor unit, providing immediate rental income and financial security. The second-floor unit is a blank canvas, needing only light cosmetic work to bring it back to its former glory-ideal for FHA 203K buyers looking to invest in a property with solid income potential. This property is gated with with parking pads in the backyard. With a convenient location in a neighborhood on the rise, this multi-unit building offers a fantastic opportunity to build equity while enjoying the benefits of homeownership. Don't miss out on this chance to create your dream space and secure a sound investment.
Location
State IL
County Cook
Community Park
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Asphalt
Parking Type Unassigned, Off Alley, Alley Access
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition Standard
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Listed by Serenity Barren • A Progeny Global LLC