4163 North Elston AvenueChicago, IL 60618Price: $450,000

  • Price: $450,000
  • 83 Days on Market
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Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3,316Square Feet
  • 1935Year Built

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Income Opportunity! Mixed-use perfect 3 unit building. This unique property has residential access off Elston and Commercial off Hamlin. It features (2) 3 bed,1 bath residential units in addition to a warehouse space with a heated workshop. This Property has 3 phase electrical service which is Ideal for Automotive lifts,cncs,and heavy machinery. This could be an Amazing income opportunity for a live-in business owner or an investor. Market rents for the Residential rental units are $1700-$1850 each. At market This building could pay for itself with out even leasing the warehouse space. This property was Formerly a 1800sf multi-level tool & die shop w/offices,store front,400 AMP electric,drive-in garage plus basement prior to current owner. CURRENTLY USED AS (2) 3 bedroom 1500sf apartments which offers large kitchens,dining room,living room,in-unit laundry,central heat/air & family room w/sliding doors leading to huge roof top deck. Rear entrance to shop located on Hamlin Ave not alley. Nice high visibility. CAPITAL IMPROVEMENT INCLUDE: ROOF 2013,FURNACE & A/C'S 2015,WINDOWS 2013 & 2017,BATHROOM REHABS IN 2013 &2018,1 KITCHEN REHAB 2013,DECK 2013,AND 1 WATER HEATER 2016******Multiple offers l received. Offer accepted. Paperwork pending********

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Listed by Kimberly Ledwa of Keller Williams ONEChicago

Based on information submitted to MRED  as of May 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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