1455 South Hamlin AvenueChicago, IL 60623Price: $550,000

  • Price: $550,000
  • 103 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* 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.
  • 6,250Square Feet
  • 1900Year Built

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[Rare Find] 6 units apartment is available for purchase in the Douglas Park / North Lawndale area. All of the apartments are currently rented to tenants who pay for their own gas, heat, and electricity. Based on projections, the expected rate of return on investment is 13.44%. The building has undergone recent improvements, including a new roof in 2015, new gas-forced air units in 2017, new concrete in the basements in 2017, new steel porches in 2016 with the new painting done in 2021, tuckpointing of the entire building in 2016, installation of circuit breakers throughout the units, new plumbing and stacks, a new fence in the backyard in 2021, and new insulation for the water pipes in 2021.

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Listed by Lu Li and Xiansong Liu of YOUMU VENTURES LLC

Based on information submitted to MRED  as of May 28, 2023 . 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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