BEDS0
BATHS
SQUARE FEET14,000
MLS#12781046
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent Investment Opportunity - 13-Unit Apartment Building! Well-maintained, 12-unit brick apartment building situated on a desirable corner lot. This property features 1 two-bedroom apartments and 3 one-bedroom apartments, with hardwood floors throughout. Additional highlights include three spacious, clean basement areas, replacement windows, updated porches, and emergency lighting. The building is tenant-occupied, providing an opportunity for immediate rental income. Significant upside potential! Current rents are below area market rates, offering an opportunity to increase rental income over time. An excellent opportunity for investors seeking a multifamily property with income growth potential or possible condominium conversion.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.12 Acres
Stories: 3.0
Taxes: $23,000
Year Built: 1929
Feature Descriptions
Current Use: Multi-Family
Exterior: Brick
HVAC: Central Bldg Heat, Radiators
Lot Dimensions: 125 X 43
Parcel#: 20321300180000
Potential Use: Condominium
Tenant Pays: Electricity, Other
Units: 12
Listed By / Shown By
Listed By
Agency Name: KM Realty Group, LLC
Agency Phone: 312-283-0794
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 5,440.79 per month $3,115.79 Principal & Interest $1,916.67 Property Tax $408.33 Homeowner's InsuranceChange Payment Information
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1248 W 83rd Street | MLS# 12781046
This multi-family property located at 1248 W 83rd Street, Chicago, IL 60620 is currently listed for sale with an asking price of $1,400,000. Search Chicago real estate on www.bhhscrosby.com today.