BEDS0
BATHS
MLS#12744974
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Pride of ownership! Immaculately constructed and fully rebuilt in 2017, this stunning 6-unit multi-family Greystone offers exceptional modern living and investment potential. Two of the six units are spacious duplexes located on the first floor of a deep lot, and all units are finished to a condo-grade standard. Extensive renovations completed in 2017 include a new roof, energy-efficient windows, professional tuckpointing, updated concrete work, new HVAC systems, plumbing, electrical, and beautiful hardwood flooring throughout. Each unit features custom-designed kitchens and bathrooms, a wood-framed back deck with durable steel screen doors, and soundproofing between floors for enhanced privacy. The lower levels boast elegant ceramic tile flooring, and every unit has its own utilities conveniently located on the same floor. All units are currently rented, offering immediate income for investors. This property boasts an extraordinary High cap rate-an exceptional return that is rarely seen in today's market. There is significant upside potential as current rents are well below market value, with at least $200 per unit of additional rental income easily achievable. For more information or to schedule a viewing, please call today.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.10 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $5,265
Year Built: 1908
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Concrete, Limestone
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Steam
Lot Dimensions: 35X125
Parcel#: 16231170360000
Parking: 1-5 Spaces
Potential Use: Condominium
Tenant Pays: Air Conditioning, Electricity
Units: 6
Listed By / Shown By
Listed By
Agency Name: Executive Home Realty, Inc.
Agency Phone: 773-237-8888
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,577.14 per month $1,890.62 Principal & Interest $438.75 Property Tax $247.77 Homeowner's InsuranceChange Payment Information
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1448 S Hamlin Avenue | MLS# 12744974
This multi-family property located at 1448 S Hamlin Avenue , Chicago, IL 60623 is currently listed for sale with an asking price of $849,500. Search Chicago real estate on www.bhhscrosby.com today.