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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

School District
299

Description

Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,000, but pre-Covod it was a $6,500. In the next leasing cycle will be easy to raise rents. Can come with professional management that handle everything. Also easy to self manage. Very low maintenance investment property. Will not last long!

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-21T00:00:16.07 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2657 W Luther Street Chicago, IL 60608

  • Price: $825,000
  • Status: Active Under Contract
  • Updated: 56 min ago
  • MLS #: 11064056
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1899
Built
Neighborhood:
Chi - South Lawndale
County:
Cook
Area:
Chi - South Lawndale
School District:
299
Property Description
Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,000, but pre-Covod it was a $6,500. In the next leasing cycle will be easy to raise rents. Can come with professional management that handle everything. Also easy to self manage. Very low maintenance investment property. Will not last long!
Exterior Features

Architectural Style Other Exterior Building Type Brick Foundation Details Brick/Mortar Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size .25-.49 Acre Multi Family Type 2 Story Unit/S Parking Garage Waterfront YN Yes

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 6 Half Baths In Building 0 Heating None Rooms Total 18

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information None New Construction YN No Ownership Fee Simple Rebuilt Year 2019 Rebuilt YN Yes Rehab Year 2019 Sewer Public Sewer Special Listing Conditions Pre-Foreclosure Tax Annual Amount 4416 Tax Year 2019 Total Numberof Unitsin Building 4 Township West Chicago Type Two To Four Units Water Source Lake Michigan Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Main Street Real Estate Group.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-21T00:00:16.07 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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The Wexler Group | Keller Williams Preferred Realty
16123 S LaGrange Road
Orland Park IL, 60467