Awesome income producing investment property in the south shore neighborhood! This owner has MAXIMIZED his rental income by renting each of the 13 rooms individually. Current rent per month is $3,425. When full, at the current rates, the potential rent is $5,425!!! Many recent projects have been completed: Brand NEW ELECTRIC, NEW rear porches, recently tuck pointed. Living space in basement was recently permitted and brought up to code. FURNISHED UNITS. All furniture stays. The property does need some cosmetic upgrades. This WILL NOT last long! Conveniently located! Hop onto lake shore drive and be down town in less than 20 minutes. Just a couple blocks from the wonderful south shore cultural center and a few short minutes to 63rd street beach. Easy walk to CTA bus and Metra train.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Magellan Realty LLC are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Listing information last updated on August 20th, 2019 at 12:05am CDT.