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2221 S Albany Avenue

Chicago, IL 60623
  • $379,900
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • MLS #: 11777808
Under Contract
UPDATED: 208 min ago
$379,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1898
County:

School Ratings & Info

Description

Wow! This is the one you've been waiting for! Huge 4 unit building with a 2 level coach house in the back! This Little Village GEM is located in one of the most appreciating pockets in all of Chicago! Property is close to the Marshall Blvd neighborhood and only blocks from West Pilsen. This area has seen a boom in development in recent years! Building is the perfect investment! Gorgeous brick exterior. The entire building had a full interior renovation in the last 20 years with new framing, plumbing and electric redone. Property has ALL SEPARATE utilities including separate electric, gas, water tanks, and heat for all units. 4 apartments are 2 bed 1 bath. Coach house is a 1 bed 1 bath with bonus room. Large unfinished basement and huge unfinished attic. Roof and mechanicals in great condition. Super LOW TAXES & LOW EXPENSES! Low overhead costs for the entry level investor or seasoned vet. Great return on investment! Major city and private interest has poured into the area. This area is expected to continue to appreciate in years to come. Take a walk by to see why this area is loved for its vibrant culture and location. Close to public transportation, highways, schools, and close to popular Cermak & 26th street corridors. Don't miss out on the opportunity to invest in a rare find like this one!

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-09T23:58:58.01 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2221 S Albany Avenue Chicago, IL 60623

  • Price: $379,900
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 208 min ago
  • MLS #: 11777808
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1898
Built
Neighborhood:
Chi - South Lawndale
County:
Cook
Area:
Chi - South Lawndale
Property Description
Wow! This is the one you've been waiting for! Huge 4 unit building with a 2 level coach house in the back! This Little Village GEM is located in one of the most appreciating pockets in all of Chicago! Property is close to the Marshall Blvd neighborhood and only blocks from West Pilsen. This area has seen a boom in development in recent years! Building is the perfect investment! Gorgeous brick exterior. The entire building had a full interior renovation in the last 20 years with new framing, plumbing and electric redone. Property has ALL SEPARATE utilities including separate electric, gas, water tanks, and heat for all units. 4 apartments are 2 bed 1 bath. Coach house is a 1 bed 1 bath with bonus room. Large unfinished basement and huge unfinished attic. Roof and mechanicals in great condition. Super LOW TAXES & LOW EXPENSES! Low overhead costs for the entry level investor or seasoned vet. Great return on investment! Major city and private interest has poured into the area. This area is expected to continue to appreciate in years to come. Take a walk by to see why this area is loved for its vibrant culture and location. Close to public transportation, highways, schools, and close to popular Cermak & 26th street corridors. Don't miss out on the opportunity to invest in a rare find like this one!
Exterior Features

Foundation Details BlockConcrete Perimeter Parking Total 0

Interior Features

Basement Unfinished Cooling Window Unit(S) Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Other Contingency Continue To Show No - Has Seller Written Direction Gross Income 50100 Gross Scheduled Income 50100 Insurance Expense 3000 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 33000 Operating Expense 12000 Possible Use CommercialMulti-FamilyOther Tax Annual Amount 5463.35 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 4175 Township West Chicago Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Duarte Realty Company: 708-589-5855.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-09T23:58:58.01 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Angela Walker Homes Real Estate Group
1547 Westchester Blvd.
Westchester IL, 60154