314 E 70th ST Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60637
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12130777
Bedrooms 7
Year Built 1915
Annual Tax Amount $2,881
Tax Year 2023
Property Description
Turn Key Investor Special in the Woodlawn/Park Manor 60637 area close to the University of Chicago and the Obama Library. This huge brick 2 unit building consist of a 4 bedroom first floor apartment with rear enclosed porch and laundry hook up; and a 3 bedroom second floor apartment with a pantry. Both units were remodeled in 2023 with newer appliances. Units are fully leased out with Section 8 tenants; tenants pay their own electricity and heat. Sit back, collect rent, and earn 10% annual return on your money while watching the area continue to appreciate in value. This property is perfect for the 1st time investor or an out of state investor looking to enter the hot 60637 neighborhood.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Interior
Heating Natural Gas
Exterior
Waterfront false
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition None