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Listed by Peter Drossosof Peter Drossos Real Estate
$ 450,000
Est. payment /mo
New
3723 W McLean Avenue Chicago, IL 60647
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12553763
Style A-Frame
Bedrooms 4
Year Built 1899
Annual Tax Amount $8,063
Tax Year 2024
Lot Dimensions 25 X 125.32
Property Sub-Type Two to Four Units
Property Description
Welcome home to a legal, 2-unit building situated on a quiet residential street and in an excellent neighborhood! This property is perfect for owner-occupants or investors! This property offers two strategies: a) you can rehab it and increase rents or b) you can tear it down and build a new multi-unit building. The lot features a perfect dimension measuring at 25 feet wide by 125.32 feet deep, and it is zoned RS-3. Presently, both units are occupied. The first floor unit is a 2-bedroom, 1-bathroom unit and it rents for $1,000 per month. The second floor unit is also a 2-bedroom, 1-bathroom unit and it rents for $900 per month. Both sets of tenants are on a month-to-month lease and all tenants are awesome. Easy to show. A 10!
Location
State IL
County Cook
Community Park, Tennis Court(S), Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, None, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

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