7341 S Emerald Avenue
Chicago, IL 60621

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $199,900

About this home

Greystone 2-flat, offering a perfect opportunity for an excellent performing rental property or your new principal residence. This property has undergone recent updates, including a brand new roof (installed in 2022), a rebuilt chimney, and a tuckpointed parapet wall, ensuring both aesthetic appeal and structural integrity. Both units feature 3 beds and 1 bath. The Units boast hardwood floors throughout, adding a touch of elegance and easy maintenance. The 2nd floor unit is currently vacant, providing flexibility for an owner-occupant or a new tenant, while the second-floor unit is already occupied, providing immediate rental income. Whether you're an investor seeking a high-performing rental property or a homeowner looking for a property with rental income potential, this Greystone 2-flat is an ideal choice. The versatility of the layout and the desirable Greystone aesthetic make this property an excellent investment opportunity. Priced to sell, this property offers great value for its location and features! Schedule your showing now.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1914
Parking Total 2
Exterior Building Type Brick
Garage On-Site Yes
Parking Ownership N/A
Parking Space/s
Rehab Year 2016
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Englewood
Zoning Type MULTI
Corporate Limits Chicago
Directions Halsted to 74th, East to Emerald
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 2
Full Baths in Building Count 2
Total Rooms 14
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1104
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 40X125
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20281140110000
Special Assessments N
Taxes $1,910
Tax Year 2021
$199,900 Listing Price:
MLS # 11916667
Investment Profile Residential Income
Listing Market Time 134 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 10/25/2023
Year Built 1914
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