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$550,000
Est. payment /mo
6 Beds
UPDATED:
09/09/2024 07:04 PM
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John George • Kiser Group Realty Inc
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432