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Mak Jahangiri

makjoon@gmail.com +1(773) 418-9960

$ 190,000

Est. payment | -/mo

6 Beds

3 Baths

Save

$ 190,000

Est. payment | -/mo

Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12714543

Bedrooms 6

Year Built 1883

Annual Tax Amount $2,658

Tax Year 2024

Lot Dimensions 25 x 125

Property Sub-Type Two to Four Units

Property Description

Located in the rapidly developing South Chicago area, this three-unit frame property presents a strong opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom with functional layouts and solid rental potential. The property offers a spacious rear yard with enough room to add a garage or create a multi-car parking pad for additional value and convenience.The building does require some cosmetic updates and improvements, making it an excellent value-add opportunity, but it is currently occupied and has the potential to begin generating rental income immediately. Whether you're looking to renovate over time, expand your investment portfolio, or create long-term equity, this property offers flexibility and upside in a growing location near transportation, shopping, schools, and major city access.

Location

State IL

County Cook

Area Chi - South Chicago

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Frame, No

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools James Thorp Elementary School

Middle Schools James Thorp Elementary School

High Schools Bowen High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Mark Santoyo of RE/MAX Loyalty

GET MORE INFORMATION

Mak Jahangiri

Senior Broker | Lic# 475091776

makjoon@gmail.com

+1(773) 418-9960

2447 N. Ashland Chicago, IL, 60614

8914 S Exchange AVE Chicago, IL 60617

Mak Jahangiri

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

8914 S Exchange AVE