The unique opportunity to acquire a meticulously maintained 19-unit walk-up building in the Greater Grand Crossing neighborhood of Chicago. This exceptional property features spacious all two-bedroom units, each offering 1, 000 sq f of living space adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing and security cameras. There is potential for a significant increase in rent amount achieving a 12.2 cap rate, with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.

Listing Courtesy of MRED as distributed by MLS Grid of Barr Agency, Inc 847-563-7070



Based on information submitted to the MLS GRID as of 2024-05-03 06:25 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-05-03 06:25 PM UTC
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