BEDS0
BATHS
SQUARE FEET3,994
MLS#12691638
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional cash-flow opportunity in Chicago's Auburn Gresham neighborhood! This solid five-unit brick building features an attractive unit mix of two spacious 2-bedroom apartments and three generously sized 1-bedroom apartments, providing a diversified rental income stream. Several units have been updated with recent renovations, offering immediate rental appeal while presenting additional value-add potential through future improvements and rent optimization. The property is heated by a newer, central boiler system, helping to simplify maintenance and operating expenses. Water heater and electric meters have also been updated. Conveniently located within walking distance of a Metra station, multiple bus lines and grocery stores, the building offers excellent commuter access, supporting strong tenant demand and occupancy. Rent roll and expenses are available upon request for qualified buyers. One unit is currently vacant. No representations are made regarding the legality of garden unit.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $5,288
Year Built: 1929
Feature Descriptions
Current Use: Multi-Family
Exterior: Brick
HVAC: Central Bldg Heat, Gas, Radiators
Location: Corner, Public Transport Avail
Lot Dimensions: 30 x 135
Parcel#: 25051090180000
Tenant Pays: Electricity
Units: 5
Listed By / Shown By
Listed By
Agency Name: Sound Realty, LLC
Agency Phone: 773-779-1188
Shown By
Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,978.51 per month $2,384.71 Principal & Interest $440.67 Property Tax $153.13 Homeowner's InsuranceChange Payment Information
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1526 W 89th Street | MLS# 12691638
This multi-family property located at 1526 W 89th Street , Chicago, IL 60620 is currently listed for sale with an asking price of $525,000. Search Chicago real estate on pbellinghiere.gogambino.com today.