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$699,999

Est. payment - /mo

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6 Beds

3 Baths

3,049 Sqft Lot

Active Under Contract

321 S Richmond ST Chicago, IL 60612

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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 Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12526891

Bedrooms 6

Year Built 1893

Annual Tax Amount $3,175

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25 X 126

Property Sub-Type Two to Four Units

Property Description

Total Gut Rehab * New Brick Masonry * Turnkey Investment! AirBNB leased with an annual income of over $100,000. A true turnkey property, perfect for live-in owners or savvy investors looking for a fully updated Building. Welcome to this exceptional modernized two-flat with a bright English basement-ideal for investors, AirBNB hosts, or owner-occupants. This well-constructed building features full masonry front, ensuring durability and elegance. Each unit features 2-bed/1-bath offering independent mechanicals with separately metered electric, heat, and cooking gas. You'll find individual high-efficiency systems. Tankless hot-water tanks and in-unit washers/dryers. New Windows, Electric, Plumbing, Roof plus a 2 car Garage. Inside, enjoy new hardwood floors, shaker cabinetry, quartz countertops, hand-selected backsplashes, and stainless steel appliances. Large quartz island adorns the kitchen space, yet giving plenty of cabinetry and space. The entire living spaces are illuminated by recessed lighting. Spacious bedrooms and baths adore carefully curated mix of polished and matte designer tile. Lower Level Unit has low rents and leased to family. The other units are AirBNB leased with an annual income of over $100,000. A true turnkey property, perfect for live-in owners or savvy investors looking for a fully updated, high-efficiency West Side gem.

Location

State IL

County Cook

Area Chi - East Garfield Park

Zoning MULTI

Rooms

Basement Finished, None, Daylight

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Cather Elementary School

High Schools Marshall Metropolitan High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Annette Shelton of Baird & Warner

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106