$50.24 Per Sq Foot $1,691 est/mo Sourced by Back At You

1319 S Harding Avenue,Chicago, IL 60623

Chicago IL, 60623

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Description

Excellent investment opportunity in the vibrant community of North Lawndale! Boasting unique architectural features, this six-unit building offers tremendous potential for increased rental income through modern updates. Featuring three 2-bedroom/1-bath units and three 4-bedroom/1-bath units with bright, spacious rooms and high ceilings. Each unit is individually metered and includes its own furnace. A private enclosed stairwell provides two entrances and exits per unit, and exterior back stairs provide deck areas for the two-bedroom units. Conveniently located in North Lawndale, the property is near essential amenities, public transportation, parks, schools, and shopping centers, making it an attractive choice for residents. Tapping into North Lawndale's rental market opportunities, this multifamily property holds significant potential for higher rental income. Four units are currently occupied at below-market rents. The property requires some renovation and is sold AS IS. Preserving and enhancing its unique features will not only increase appeal but also contribute to the neighborhood's character and value. With easy access to I-290, local bus stops, and just 0.08 miles from both the blue and pink line EL trains, this is a rare gem for savvy investors. Don't miss out on this opportunity in the heart of North Lawndale!

Details

MLS#11845870
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1913
Days On Site86
Listing Provided By@properties Christie's International Real Estate | Diane Boese

Features

SQ Feet6,270
Story(s)3
Units6
ZoningMULTI

Market Activity 60623

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Listings Checked: 2 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$315,000
low | high
Med:
$210,000
83.333333333333% of Average
SqFt:
6,270
low | high
Med:
1,620
100% of Average
$ / SqFt:
$50
low | high
Med:
$130
100% of Average
On Site:
86
low | high
Med:
244.000000
35.245901639344% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 9:20:42 PM PDT