For Sale: 2838 S Union AVE, Chicago IL 60616

Apartments (Multi-Unit) $899,000

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Description

Great turnkey investment opportunity with proforma 7.5% CAP rate, expected rental income of $6565/month including 4-car tandem garage when fully rented; it also functions as an owner-occupied property while rental incomes can help mortgage payments. One of a kind, luxuriously remodeled, solid brick legal 3-unit with an additional in-law unit at the basement, situated on double lots 50'x121.7' with 2 separate PINS (just the double lots are worth about $600,000), in prime Bridgeport area, within Healy school district, close to parks and grocery, features a high-class kitchen, smart 4-door refrigerator, granite island and countertops, exhaust hood, soft close cabinets, backlighting LED tray ceilings; rainfall full body shower system, smart Nest thermostat, electric fireplace, high-efficiency HVAC and water tanks, etc. The in-law unit has its own kitchen, central heat, washer/dryer hookup, and separate egress; Broker owned. 1-year home warranty provided for peace of mind.

Photos

Photo of 2838 S Union AVE, Chicago, IL, 60616, apartments (multi-unit) for sale
Photo of 2838 S Union AVE, Chicago, IL, 60616, apartments (multi-unit) for sale

General Info

  • Beds: 11
  • Baths: 5
  • Basement: A
  • Waterfront: N
  • Year Built: U
  • County: COOK
  • MLS#: 10653466

Rooms

Additional Features

External: Deck

Costs

  • Listed Price: $899,000
  • Taxes: $9,756
  • Tax Year: 2018

Contact Info

Contact Lucid Realty About 2838 S Union AVE

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