4422 S Emerald Avenue Pending

Chicago,IL 60609

$ 550000

6 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12015306

Bedrooms 6

Year Built 1869

Annual Tax Amount $5,964

Tax Year 2022

Lot Dimensions 33' X 126'

Property Description

4422 S. Emerald Ave is a three (3) unit building in Chicago's historic Canaryville Neighborhood. This particular pocket of the neighborhood surrounds the property with single-family homes, making it a comfortable living situation for tenants. Additionally, the property sits five (5) blocks directly west of 94/Dan Ryan, making it easily accessible to the heart of Chicago's downtown. 4422 S. Emerald is conveniently comprised of one (1) 1Bd/1Ba, one (1) 2Bd/1Ba, and one (1) 3Bd/2Ba units. Highlights include a newer boiler and hot water tanks, along with an updated electrical system. Plus, a new owner could enjoy the potential for an additional income stream from the attached two (2) car garage to benefit net operating income. 4422 S. Emerald presents an investor with the opportunity to take hold of a turnkey asset that has been fully gut-renovated and is currently fully-occupied. In doing so, a new investor would hold a property with rents at market value and units up-to-date for the surrounding market.

Location

State IL

County Cook

Rooms

Basement Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Attached

Garage Spaces 2.0

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299,299,299

Others

Ownership Fee Simple

Special Listing Condition None

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