2724 S Crowell Street
Chicago, IL 60608

Status: Active
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $649,000

About this home

Investor's Opportunity! This spacious, fully occupied two-flat in the heart of Bridgeport is a rare find for savvy investors seeking long-term returns. Both units have been meticulously updated, making it a truly turn-key property. Unit 1 boasts 3 bedrooms, 1 bathroom, stunning new quartz countertops, a freshly renovated bathroom, new paint throughout, and a private deck leading to a low-maintenance turf backyard. Unit 2 features 2 bedrooms, 1 bathroom, soaring vaulted ceilings, luxury vinyl flooring, brand-new appliances, and its own private deck for added appeal. Additional highlights include a newly installed roof (2022), upgraded mechanical systems, and a large unfinished basement offering ample storage space. Located on a charming, tree-lined street, this fully rented property is a prime investment you won't want to miss!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1885
Exterior Building Type Aluminum Siding, Vinyl Siding
Parking None
Rehab Year 2022
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Bridgeport
Corporate Limits Chicago
Directions Loomis to Hillock. Hillock to Crowell. South to 2724.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 299
Township South Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 12
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 2350
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1850
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 24 X 100
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

Financials

Gross Rental Income $50,400
Insurance Expense $2,444
Net Oper Income $39,310
Rental Income 50400
Investment Profile Residential Income
Water Expense $2,160

Tax/Assessments/Liens

PIN 17293150280000
Special Assessments N
Taxes $5,486
Tax Year 2023
$649,000 Listing Price:
MLS # 12171698
Investment Profile Residential Income
Listing Market Time 2 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 09/25/2024
Year Built 1885
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