$385,000 $2,067 est/mo Sourced by Back At You

4202 S Western Avenue,Chicago, IL 60609

Chicago IL, 60609

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Description

Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each add $900 a month to your earnings. ($4205/m Total) This property is in a neighborhood that's getting more valuable, so it's not just a buy; it's a smart move for growing your investment. With a strong income stream, it stands out as a great choice for anyone looking to invest in a growing area. Come see why this property could be a key part of your investment future. Book your visit today!

Details

MLS#12013790
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1918
Days On Site65
Listing Provided ByFirst Midwest Realty LLC | Richard Harnik

Features

Story(s)2
Units3

Market Activity 60609

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Listings Checked: 4 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI Brighton Park
Listing VS Median (in 60609)
Price:
$385,000
low | high
Med:
$330,000
64.285714285714% of Average
On Site:
65
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 3:11:45 AM PDT