BEDS8
BATHS3 full
MLS#12723416
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
**Exceptional Four-Unit Investment Opportunity!** Completely transformed from top to bottom, this extensively gut-rehabbed property has been legally rezoned & permitted for four residential units. Nearly every system and surface has been replaced, offering the appeal of modern construction within an existing building. Major improvements include a stunning new brick front facade, new roof, new rear porches, all-new electrical and plumbing systems, new HVAC with separate furnaces and tankless water heaters for each unit, new windows, flooring, kitchens, and beautifully designed bathrooms. No detail has been overlooked in this remarkable transformation! The first floor features 2 bedrooms and 1 bathroom, while the second and third floors each offer 3 bedrooms and 1 bathroom. A fourth residential unit is currently being completed in the full basement, creating additional rental income potential. Each residence showcases contemporary finishes, spacious living areas, and modern conveniences designed for today's lifestyle. Whether you're a savvy investor seeking to expand your portfolio or an owner-occupant looking to live in one unit while generating rental income from the others, this property presents an exceptional opportunity. With extensive capital improvements, multiple income streams, and long-term investment potential.This is a property you won't want to miss. Schedule your private showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Gas, Forced Air
Lot Size: 0.07 Acres
Taxes: $2,117
Year Built: 1920
Feature Descriptions
Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 16222240020000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 14
Township: West Chicago
Water: Lake Michigan, Public
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Baird & Warner
Agency Phone: 312-242-1000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 1,749.69 per month $1,390.98 Principal & Interest $176.42 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
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1505 S Kolin Avenue | MLS# 12723416
This multi-family property located at 1505 S Kolin Avenue, Chicago, IL 60623 is currently listed for sale with an asking price of $625,000. S Kolin Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.