Bought with Maria Buitron • RE/MAX LOYALTY
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Key Details
Sold Price $585,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,040 sqft
Price per Sqft $83
MLS Listing ID 12273871
Sold Date 08/21/25
Year Built 1943
Annual Tax Amount $4,146
Tax Year 2022
Lot Dimensions 55.9X124
Property Sub-Type Multi Family 5+
Property Description
This 8 unit building in Chicago's highly desirable Woodlawn neighborhood is just what you've been waiting for! 7 of the units are 2 bedrooms/1 bath and have an additional space suitable for an office/den or additional bedroom! The 8th unit is a basement studio/1 bath. This building is a great value-add opportunity! Individual heat/electric utilities. Currently there are 3 vacant units that the owner is updating to be leased soon! The open kitchen/living concept combines modern comfort with investment potential in a rapidly growing community. Building is under professional management. This is a great property to begin or add to your portfolio! Schedule your showing today!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Others
HOA Fee Include None
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Rich Ayers
Team Lead | Realtor | License ID: 471.001732
Team Lead | Realtor License ID: 471.001732