1920 S Saint Louis Avenue
Chicago, IL 60623

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $529,000

About this home

***Multiple offers received, submit the highest and best offer by 10/11/2024 Friday at 1pm*** HOT PROPERTY ALERT ! Don't miss your chance to own this newly updated, well-maintained 3-unit masonry building, constructed in 2007, NOT other typical 100+ years old buildings, truly is a gem in its block. With hardwood floors, stainless steel appliances, granite countertops, central heat and A/C, in-unit washer/dryer, sturdy steel porches and stairs, and a basement storage room for each unit, this property is a rare find. CASH FLOW DREAM: With Unit 1(a duplex down) and Unit 3 leased to excellent long-term Section 8 tenants, generating a total of $3387/month rents, you can move into Unit 2 and let the rental income contribute to your mortgage payments. Alternatively, fully rent out the property for an impressive estimated total of $5037/month rents, making this a prime turnkey investment opportunity. PEACE OF MIND: A 1-year home warranty is included, ensuring no worries for the new owner. This property is broker-owned, making the transaction seamless and professional. ACT NOW: Opportunities like this are rare and fleeting---seize this gem before it's gone!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 16-20 Years
3 Bedroom Unit in Building Yes
Approx Year Built 2007
Parking Total 3
Exterior Building Type Brick,Block
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2024
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - North Lawndale
Corporate Limits Chicago
Directions Saint Louis Ave, then to the subject 1920
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished, Exterior Access
Basement Full ,Walkout
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 7
Full Baths in Building Count 7
Total Rooms 18
Units
unit 1
Beds Total 4
Baths Total 3
Actual Rent 1900
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Oven/Built-in
Full Baths Total 3
Lease Expiration Date MTM
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 2
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Oven/Built-in
Full Baths Total 2
Lease Expiration Date VAC
Rooms Total 5
Tenant Pays None
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 1487
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Oven/Built-in
Full Baths Total 2
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 3
Property / Lot Details
Lot Dimensions 25, 125, 13, 30, 96
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16234160370000
Special Assessments N
Taxes $7,809
Tax Exemptions None
Tax Year 2023
$529,000 Listing Price:
MLS # 12179377
Investment Profile Residential Income
Listing Market Time 25 days
Basement Full ,Walkout
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 10/03/2024
Year Built 2007
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