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Listing 15 out of 2,143
$299,000 Contingent

1849 South Springfield Avenue
Chicago, IL 60623

Multi Family Home - MLS# 10491665
Property Photo
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Description

Nice rehabbed 3 unit building located in the Hot North Lawndale neighborhood. (Opportunity zone). This building features large units with tall ceilings, separate dining rooms, updated mechanicals, flooring, fence, tuckpointing, gutters, in unit laundry in owners unit, no differed maintenance. There's also a huge attic with possibility of adding an additional unit, massive brick 3.5 car garage. This is great opportunity to live in one unit and pay your mortgage with a nice cashflow or rent all 3 and collect a great monthly passive income @ 11% cap rate when pro forma. The lower units are available one unit has a great long term tenant in place. Just blocks away from the pink line, Ogden corridor, with retail center. Minutes away from the Eisenhower (290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard and planned major developments.

Features

  • Property Type: Multi Family Home
  • Sub Type: Two to Four Units
  • Listing Status: Contingent
  • County/Area: Cook County
  • Zip Code: 60623
  • Year Built: 1900
  • Age: 100+ Years
  • School District: 299, 299
  • Total Rooms: 7
  • Bedrooms: 3
  • Basement: Crawl, Partial
  • Garage: 3-Car, Heated, 7 Foot or more high garage door, Detached
  • # of Parking Spaces: 3
  • Lot Size: Standard Chicago Lot
  • Zoning: MULTI
  • # Full Baths in Building: 1
  • # Full Baths-Unit 1: 1 Baths
  • # Full Baths-Unit 2: 1 Baths
  • # Full Baths-Unit 3: 1 Baths
  • # Of Bdrms - Unit 1: 3
  • # Of Bdrms - Unit 2: 3
  • # Of Bdrms - Unit 3: 3
  • # Of Cars: 3
  • # Of Rooms - Unit 1: 7 Rooms
  • # Of Rooms - Unit 2: 7 Rooms
  • # Of Rooms - Unit 3: 7 Rooms
  • 3 Br Un In Bldg (Y/N): Yes
  • Above Grade Bedrooms: 3
  • Additional Rooms: Enclosed Porch
  • Area Amenities: Park/Playground, Curbs/Gutters, Sidewalks, Street Lights, Street Paved
  • Built Before 1978 (Y/N): Yes
  • Equipment: Co Detectors, Ceiling Fan, Multiple Water Heaters
  • Exterior Building Type: Brick
  • Exterior Property Features: Porch
  • Floor # - Unit 1: Floor-G
  • Floor # - Unit 2: Floor-1
  • Floor # - Unit 3: Floor-2
  • Foundation: Concrete
  • Garage Ownership: Owned
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Heat/Fuel: Gas
  • Lot Description: Fenced Yard
  • Lot Dimensions: 25X125
  • Parking: Garage
  • Roof Type: Asphalt/Glass (Shingles)
  • Sewer: Sewer-Public
  • South: 1800
  • Tax Year: 2017
  • Taxes: $4,551
  • Total # Units in Building: 3
  • Township: West Chicago
  • Type-Multi: 3 Flat
  • Unit 1: Stove, Refrigerator
  • Unit 2: Stove, Refrigerator
  • Unit 3: Stove
  • Water: Lake Michigan
  • West: 3900
Courtesy of @properties

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Steven S. Wagner

Managing Broker, MBA
630-433-6646
Email Me

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Steven S. Wagner - Managing Broker, MBA 

| 630-433-6646 | Email Me

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