Bought with Marshon Sutton of Coldwell Banker Realty
$338,000
$335,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
1212 W 64th Street Chicago, IL 60636
9 Beds
Key Details
Sold Price $338,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12448822
Style Greystone
Bedrooms 9
Year Built 1902
Annual Tax Amount $1,688
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
A rare chance to own a modern, oversized 2-flat greystone with a finished garden apartment at an affordable price point. The property was fully rehabbed in 2021 and features separate utilities and spacious layouts. It's perfect for an investor or buyer looking to build wealth through minor improvements like painting, cleaning, and simple repairs. With minimal work, the building has the potential to generate over $50,000 in equity. Similar properties in the area are selling for over $400,000. One unit is currently occupied by a long-term tenant paying $1,850 per month. Between all three units, the property has the potential to bring in over $5,000 in monthly rental income, making it a strong option for someone interested in generating passive income while the property appreciates in value.
Location
State IL
County Cook
Zoning OTHER
Interior
Heating Natural Gas, Forced Air, Indv Controls
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Special Listing Condition None
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