$ 900,000
2700 W Albion AVE Chicago, IL 60645
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$ 900,000
Est. payment | /mo
$ 900,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12148539
Maintenance Fees $1,000
Year Built 1918
Annual Tax Amount $11,393
Tax Year 2023
Lot Dimensions 125 X 25
Property Description
Well-maintained long-time family-owned, legal 6-flat offers an exceptional opportunity for investors. Recently updated with a full tear-off roof in 2023 and a newly replaced parapet wall, this property is primed for long-term stability. Each unit is on a month-to-month lease with under-market rents, providing significant potential for increased passive income. The building features a 2-car garage, with all units equipped with their own furnace, and four units with central air conditioning (HVAC 2016). Located in the desirable West Ridge neighborhood, this property represents a solid investment with room for value growth. Don't miss out on this opportunity to enhance your portfolio and capitalize on its potential.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Interior
Cooling Central Air, Central Individual, Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 2
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Saladino • Keller Williams ONEChicago
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Lenny Feil
Broker-Owner | Lic# 471005412