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$795,000

Est. payment - /mo

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5,000 SqFt

Active Under Contract

2423 N Long AVE Chicago, IL 60639

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $159

MLS Listing ID 12414970

Maintenance Fees $500

Year Built 1925

Annual Tax Amount $6,267

Tax Year 2023

Lot Dimensions 30X126

Property Sub-Type Multi Family 5+

Property Description

Rare chance to own a 6-unit, two-building property in vibrant Belmont Cragin. This unique setup includes a front brick 3-flat with a garden unit and two 2 bedroom apartments-plus a huge unfinished attic with vaulted ceilings offering potential for a 7th unit or duplex. The coach house has 3 updated units and features a courtyard with a BBQ area. Four of six units have been recently updated with stainless appliances, new flooring, fresh paint, and refinished hardwoods. Key upgrades include new roofs (2018) and new water heaters (2020). Rents are currently below market, nearly all tenants are MTM, offering room to boost income and cash flow. With two buildings on one lot and low taxes, this is a great opportunity for strong returns.

Location

State IL

County Cook

Area Chi - Belmont Cragin

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, None

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Level or Stories 3

Structure Type Brick,Wood,Vinyl Siding

Others

HOA Fee Include None

Listed by Helen Bailey • Pioneer Realty Group LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106