257 W 109th Place
Chicago, IL 60628

Status: Active
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $173,999
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About this home

Fantastic Investment Opportunity! This 2-flat rental property, situated on a spacious double lot, is the ideal addition to any investor's portfolio. You will also benefit from exceptionally low taxes, making this a great investment. Tenants responsible for own gas/electric for home and for their laundry area. Each unit has its own laundry area as well as storage space in the basement. Schedule your viewing today and envision the future possibilities this investment holds! New roof in 2023, 2nd floor updated in 2023, AC unit 4yrs old, water heaters 7-8 yrs old and plumbing updated to copper pipes in 2013. DON'T MISS OUT ON THIS CASH FLOW-POSITIVE PROPERTY. Sold AS-IS.

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 50X125
Lot Description Corner Lot
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Exterior Building Type Vinyl Siding, Frame
Foundation Block
Parking None
Rehab Year 2000
Roof Type Asphalt
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
Virtual Tour Date 08/22/2024 5:00 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - Roseland
Corporate Limits Chicago
Directions East on 111th to Princeton, North to 109th Place. Property is on the southeast side corner.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 900
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 11/24
Rooms Total 5
Security Deposit 1000
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 900

Financials

Rental Income 2300
Investment Profile Residential Income

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 25164200020000
Special Assessments N
Taxes $899
Tax Exemptions None
Tax Year 2023
$173,999 Listing Price:
MLS # 12145052
Investment Profile Residential Income
Listing Market Time 38 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 08/22/2024
Year Built
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