2548 West 71st StreetChicago, IL 60629Price: $345,000

  • Price: $345,000
  • 72 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 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.
  • 1931Year Built

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Introducing an EXCEPTIONAL investment opportunity in a meticulously maintained, brick multi-unit building. This remarkable property boasts a total of 4 units with 10 bedrooms and 4 bathrooms, offering a variety of unit configurations to cater to diverse tenant needs. The first floor presents a spacious studio unit with a full kitchen and bathroom, while the rear section consists of two 4-bedroom, 1-bathroom units. Additionally, there are two front units featuring 2 bedrooms and 1 bathroom each. 2 out of the 4 units currently occupied. Hardwood floors adorn every unit, except for the storefront area. Heating is provided by efficient gas-forced heat systems, and the property benefits from a 400 amp service. Each unit enjoys separate utilities, ensuring convenience for both tenants and property management. The full basement offers ample additional space for storage. The property's excellent condition and prime location make it highly sought after in the area, allowing for premium rental rates and attracting savvy investors. Situated within walking distance of Marquette Park and public transportation, it offers the perfect blend of convenience and accessibility.

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Listed by David Dominguez and Alexander Rivera of Realty of Chicago LLC

Based on information submitted to MRED  as of February 28, 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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