341 S Trumbull Avenue
Chicago, IL 60624

Status: Active
Multi Family
11 beds
0 baths
0 sq.ft
Listing Price: $650,000
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About this home

Stunning brick 4-flat in the thriving East Garfield Park neighborhood. Property has been professionally managed and maintained throughout ownership. Perhaps the best feature of property is its location on Trumbull as car and foot traffic is extremely limited. All 3 bed units are rented to Sec 8 tenants at $1, 300 per month. One Sec 8 lease is up in 3 months and owner has requested an increase to $1, 500. New owner will have no problem increasing 2 remaining Sec 8 units an additional $200-300/ mo as leases turn. First floor unit has been rented to the same tenant for 20+ years which is a testament to the livability of this property. Roof was replaced within the past 10 years. Stones throw from RML Hospital. Easy access to 290. 5 minute walk to Homan blue line stop.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1909
Exterior Building Type Brick
Exterior Property Features Deck, Stamped Concrete Patio
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - East Garfield Park
Corporate Limits Chicago
Directions S from intersection of Jackson and Homan. Just N of Congress on Homan on left side of street
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 11
Bedrooms Possible 11
Baths Count 4
Full Baths in Building Count 4
Total Rooms 7
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Range Hood, Cooktop
Full Baths Total 1
Lease Expiration Date TBD
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 3
Square Feet 1500
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Range Hood, Cooktop
Full Baths Total 1
Lease Expiration Date TBD
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Range Hood, Cooktop
Full Baths Total 1
Lease Expiration Date TBD
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 4
Beds Total 2
Baths Total 1
Actual Rent 750
Appliances And Features Stove, Refrigerator, Window Air Conditioner, Range Hood, Cooktop
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number G
Property / Lot Details
Lot Dimensions 25X118
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Rental Income 4,650
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16142180100000
Special Assessments N
Taxes $4,895
Tax Year 2022
$650,000 Listing Price:
MLS # 12020263
Investment Profile Residential Income
Listing Market Time 40 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 4
Parking None
List Date 04/04/2024
Year Built 1909
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