4931 W Henderson Street
Chicago, IL 60641

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $525,000

About this home

Welcome to this prime investment opportunity in the heart of Chicago! This unique 3-unit building features a non-conforming garden basement unit and an additional coach house, providing a total of four streams of rental income. Perfect for the savvy investor or an owner-occupant looking to offset their mortgage with rental income. **Key Features:** - **Four Rental Units:** Three main units plus a garden basement unit and a coach house. - **Revenue Generating:** Currently all leases are month-to-month, offering immediate potential to increase rents to market value. - **Tenant-Paid Utilities:** Each tenant is responsible for their own utilities, maximizing your net income. - **Prime Location:** Situated in a desirable area with high demand. - **Potential for Upgrades:** The property requires TLC and upgrades, providing an excellent opportunity to add value and increase your returns. Priced to sell, this property won't last long on the market. Whether you're looking to expand your investment portfolio or find a new home with rental income potential, 4931 W Henderson offers endless possibilities. Don't miss out on this rare find-schedule a showing today! Extra $income in garden inquire within reason of Landlord Law

Property details

Interior Features
Additional Rooms Enclosed Porch, Utility Room-Lower Level
Basement Description Partially Finished
Basement Full ,Walkout
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 17
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 6
Tenant Pays Electric
Floor Number 1
Square Feet 1200
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MM
Rooms Total 7
Tenant Pays None
Floor Number 2
Square Feet 1100
unit 3
Beds Total 2
Baths Total 1
Actual Rent 950
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MM
Rooms Total 4
Tenant Pays None
Floor Number C
Square Feet 900
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building Yes
Exterior Building Type Brick
Foundation Brick/Mortar
Parking None
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Portage Park
Zoning Type MULTI
Corporate Limits Chicago
Directions Cicero N to Henderson W to property
Equipment CO Detectors, Ceiling Fan(s)
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Baseboard
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Lot Dimensions 30 X 125
Lot Size Oversized Chicago Lot
Model 2 FLAT AND COACH HOUSE
Ownership Fee Simple
Style of House American 4-Sq.
Type Unit 3 Flat, 2 Story Unit/s, Coach House
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13214140100000
Special Assessments U
Taxes $10,496
Tax Exemptions None
Tax Year 2022
$525,000 Listing Price:
MLS # 12111889
Investment Profile Residential Income
Listing Market Time 37 days
Basement Full ,Walkout
Type Unit 3 Flat, 2 Story Unit/s, Coach House
Number of Units in Building 3
Parking None
List Date 07/16/2024
Year Built
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