Fantastic investment opportunity on a quite tree lined street of Jefferson Park. Legal 3 flat perfect for an investor or live in owner looking to invest in themselves. Get the best of both worlds with a wonderful mix of vintage charm and modern conveniences. Kitchens and baths have been remodeled a while ago but very nice. Two 2-bedroom 1 bath units plus a large 4 room one bedroom on top floor. Enclosed back porches and lots of extra storage. All units have separate furnaces. Located in a quiet little neighborhood of Jefferson Park near Beaubien School and perfectly situated with easy commuter access to I-90 off Lawrence or hop on the Blue Line or Metra train just a couple blocks away. Still, plenty of opportunity to expand... additional potential square footage in the full high basement. Brand new 2 car garage and a nice, fenced yard. Rents $1900. 1st floor, $1800. 2nd floor, $1550. 3rd floor and $250 for garage with a total of $5500. monthly or $66,000 yearly gross less expenses of $18522. equals a net income of $47478. A 7% return on a cash-on-cash investment. Property in good condition and being sold as is'. Any questions, offers or concerns contact Norbert Mika. See agent remarks.
Listed By
Agency Name: Compass
Agency Phone: 312-319-1168
Shown By
Agent Name: Jamaria Holloway
Agent Phone: Cell: (815) 491-9629
Agency Title: Gambino Realtors
Estimated Payment
$ 3,894.53 per month $2,997.47 Principal & Interest $704.58 Property Tax $192.47 Homeowner's Insurance
5008 W Strong Street | MLS# 12676092
This multi-family property located at 5008 W Strong Street , Chicago, IL 60630 is currently listed for sale with an asking price of $659,900. W Strong Street is located within the District 299 school district. Search Chicago real estate on jholloway.gogambino.com today.