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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12203477
Sold Date 05/16/25
Bedrooms 5
Year Built 1902
Annual Tax Amount $2,656
Tax Year 2023
Lot Dimensions 3125
Property Sub-Type Two to Four Units
Property Description
Investment Opportunity 3-Unit Property in Hegewisch Neighborhood, Chicago! Discover the perfect investment or house hacking opportunity in the vibrant Hegewisch neighborhood of Chicago! This well-maintained 3-unit property offers the ideal combination of comfort, income potential, and community charm. Three Spacious Units: Each unit features generous living spaces, with a mix of classic character and modern updates. Ideal for renters or your own living space while generating income from the other two units. Strong Rental Market: Hegewisch is experiencing steady demand for rental properties, making this an excellent opportunity for cash flow. Current tenants are in place with the potential for rent increases, ensuring a solid return on investment. Desirable Location: Enjoy easy access to public transportation, local shops, and parks. Hegewisch is known for its community feel, offering both convenience and a welcoming environment for families and professionals alike. Low Maintenance: Recent updates include new windows, new roof, and new siding. With separate utilities for each unit, management is a breeze, allowing you to focus on maximizing your investment. Outdoor Amenities: A shared backyard provides a lovely space for tenants to relax and enjoy the outdoors, while off-street parking adds an extra layer of convenience. Growth Potential: With ongoing revitalization in the area, including new developments and improved amenities, this property is positioned for long-term appreciation. This 3-unit property is perfect for investors looking to build their portfolio or house hackers seeking a way to live affordably while generating income. Don't miss out on this exceptional opportunity in Hegewisch-schedule your showing today and start your journey toward financial success! CALL NOW!
Location
State IL
County Cook
Area Chi - Hegewisch
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Aluminum Siding,Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Aluminum Siding,Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Ana Osorio of Realty of America, LLC
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