$190,577
$169,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
5735 S Marshfield AVE Chicago, IL 60636
4 Beds
3 Baths
2,613 Sqft Lot
Key Details
Sold Price $190,577
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11964154
Sold Date 03/08/24
Bedrooms 4
Year Built 1905
Annual Tax Amount $1,880
Tax Year 2022
Lot Size 2,613 Sqft
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Welcome to this charming 2-flat brick building, an exceptional opportunity for those seeking to invest in a versatile property with great rental potential. Ideal for Investors or House Hackers: Whether you're looking to live in one unit and rent out the others or solely invest, this property offers flexibility and income potential. Unit 1 Details: Layout: 2 bedrooms, 2 bathrooms - Duplex down layout with potential to expand to 3 bedrooms. Conversion Potential - Can be converted into a separate 1 bedroom, 1 bathroom (1/1) unit. Gas hookups for a kitchen are already in place. Recent Upgrades: Fresh paint and new carpet. Unit 2 Details: Layout: 2 bedrooms, 1 bathroom Comfortable and Cozy: Ideal for anyone looking for a compact living space. Property Highlights: Low Property Taxes: A financially attractive feature, reducing overall ownership costs. Rental Potential: Currently estimated at approximately $3,000 per month for both units. If converted to a 3-unit building, the potential increases to around $4,000 per month (per local comps) Don't miss out on this unique opportunity to own a versatile and income-generating property. Vacant and easy to show
Location
State IL
County Cook
Area Chi - West Englewood
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Sewer Sewer-Storm
Water Public
New Construction false
Schools
Elementary Schools Anna R. Langford Community Acade
Middle Schools Anna R. Langford Community Acade
High Schools Gage Park High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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