1256 North Lockwood AvenueChicago, IL 60651Price: $450,000

  • Price: $450,000
  • 86 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
* 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.
  • 1922Year Built

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Welcome to an exceptional investment opportunity in the heart of Chicago's vibrant Austin neighborhood! This well-maintained, solid brick building boasts six units, offering a mix of two spacious two-bedroom apartments and four cozy one-bedroom residences. Embraced by the charm of hardwood floors throughout, each unit showcases the perfect blend of modern comfort and classic appeal. The property has undergone extensive upgrades, featuring brand-new plumbing and electrical systems, ensuring efficiency and convenience for all tenants. The roof, a vital component of any property, received a comprehensive renovation just six years ago, adding to the value and peace of mind for future ownership. Additionally, each unit is equipped with its own furnace and water heater, providing autonomy and ease of maintenance. Positioned as an excellent investment opportunity, this property presents a compelling prospect for both seasoned investors and those entering the rental market. With its prime location in the ever-evolving Austin neighborhood, this building promises great rental potential and steady income. Don't miss this chance to own a property that combines reliability, modern amenities, and a prime location, making it an outstanding addition to any investment portfolio. Schedule a viewing today to explore the lucrative possibilities this property offers!

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Listed by Jose Vazquez of Realty of Chicago LLC

Based on information submitted to MRED  as of February 20, 2024 . 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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