3834 W Maypole AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60624
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12368068
Bedrooms 8
Annual Tax Amount $5,504
Tax Year 2023
Lot Dimensions 25X100
Property Sub-Type Two to Four Units
Property Description
This isn't just an investment; it's a GOLDMINE waiting to be unlocked! Get ready to seize an incredible opportunity with this huge, three-unit brick building - it's wont last long! This is the deal you've been searching for, offering instant income potential across all three units. The first floor features a spacious 2-bedroom, 1-bath unit that's currently vacant but brimming with potential; a minimal rehab will have it generating steady rent and provide instant equity and quick returns. The second floor is already a PROVEN MONEY-MAKER; this 3-bedroom, 1-bath unit is currently rented to a reliable Section 8 tenant, guaranteeing $1,470 per month in cash flow from day one! Finally, the third floor boasts a move-in ready 3-bedroom, 1-bath unit, perfect for an owner-occupant looking to live for free or for generating even more income by renting it out. Plus, management is a breeze since each unit boasts separate utilities and gas forced air, virtually eliminating hassle and simplifying your landlord life.
Location
State IL
County Cook
Area Chi - West Garfield Park
Zoning MULTI
Rooms
Basement Partially Finished,Full
Interior
Heating Natural Gas,Electric,Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None