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$ 525,000
Est. payment /mo
Active Under Contract
1338 S Springfield Avenue Chicago, IL 60623
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12362273
Year Built 1908
Annual Tax Amount $4,445
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Multi Family 5+
Property Description
Turnkey 6 unit building, the apartments boast hardwood flooring, gas-forced air heat and individually metered utilities, offering both comfort to tenants and efficiency to owners. The unit mix-three 3-bedroom/1-bath units and three 2-bedroom/1-bath units-caters to a wide range of renters and supports strong rent performance. Adding to the appeal is a seasoned property manager already in place and available to continue with the new owner. This offers a seamless handoff and immediate management continuity. Whether you're looking to expand your portfolio or lock in a high-performing asset, this property delivers on every front: location, returns, quality, and ease of ownership. Schedule your viewing today and capitalize on this rare opportunity to own a fully rehabbed, income-producing 6-unit in a proven rental market.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
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Listed by Sebastian Hila • Optimus Realty Inc