2702 West 24th StreetChicago, IL 60608Price: $625,000

  • Price: $625,000
  • 20 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.
  • 0.07Acreage
  • 1908Year Built

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Very well maintained 6 unit property offers and Incredible Investment opportunity. Property consists of a Brick 4 unit with full basement on the front of the lot and a Brick 2 unit on the rear of the lot. All units have individual gas and electric meters and pay their own utilities! Front building consists of a 3 Bedroom on the 1st floor...a 2 bedroom (2nd rear) and a 1 bedroom (2nd front) plus a 4 bedroom 3rd floor. All units have GFA furnaces. Many upgrades including Kitchens/Baths/Flooring. Coin-op washer and Dryer in basement Laundry Room is used by all 6 units. Rear building consists of 2 units both 3 bedrooms with hardwood flooring on 2nd floor an individual GFA furnaces. Rear property also has updated Kitchens and Baths! Also, a large walk up attic. Ceiling fans throughout all 6 units. All appliances (2016 or newer) owned by Seller. 4 furnaces installed after 2016. Great location...walk to Pink Line! Near Millennium Park,Chinatown, Lakefront, Museum Campus, UIC and so much more the city has to offer. Current gross rental income $70,620...potential to add value as rents are currently under market. Notice required to show...fully occupied. Well managed building!

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Listed by Bill Erdman of Century 21 Affiliated

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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