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$609,222

Est. payment - /mo

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7 Beds

2 Baths

2,613 Sqft Lot

New

209 S Albany AVE Chicago, IL 60612

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Park Place Realty Group LLC

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

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12470118

Bedrooms 7

Year Built 1885

Annual Tax Amount $3,599

Tax Year 2023

Lot Size 2,613 Sqft

Lot Dimensions 3000 SQ FT

Property Sub-Type Two to Four Units

Property Description

Gorgeous Historic Limestone 2-Unit w/basement and Vacant Lot (RT-4) Included! This stunning multi-unit property features a classic limestone exterior and comes with the vacant lot next door-already included in the price! Keep it for additional parking and yard space or build another investment property to maximize value. Fully rehabbed in 2020, the building boasts all new mechanics, including electric, plumbing, gas, flooring, windows, furnace, central air, water heaters, and tuckpointing, and much more-giving you peace of mind for years to come. Each unit has separate electric/gas meters and its own washer/dryer hookups for convenience. The basement features 2 exterior walkouts, offering added functionality, storage, and future expansion potential. Currently, the property is rented to one tenant (month-to-month and open to signing a long-term lease). Current tenant has set up for short-term rentals/Airbnb, making it an excellent option for investors. Located just minutes from Downtown Chicago, the United Center's new mega project, the medical district, universities, expressways, CTA trains, parks, and so much more-this property is in the heart of everything! With low current rents, there's a huge add-on value opportunity here. Live in one unit and rent the other, or rent out both and enjoy passive income. Historic charm, modern updates, prime location, and a buildable lot included-all priced to sell! OWN A PIECE OF HISTORY!!

Location

State IL

County Cook

Area Chi - East Garfield Park

Zoning MULTI

Rooms

Basement Unfinished, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick,Stone,Limestone, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Stone,Limestone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Fade Kashkeesh • HomeSmart Realty Group

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106