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About the Listing 12555 - 117318
Excellent investment opportunity in the New City area! This mixed-use property offers strong income potential with 8 residential units plus 1 storefront, providing multiple streams of revenue. The building features a desirable unit mix, including two 4-bedroom units, one 5-bedroom unit, one 3-bedroom unit, and four 2-bedroom units, appealing to a wide range of tenants. Most apartments have been updated, and each unit is equipped with separate heat and electric, helping to reduce owner expenses and simplify management. The storefront is currently vacant, creating a great opportunity for an owner-user to start a business or lease for additional income. The property is well-maintained and currently occupied by long-term tenants, with rents below market value, offering significant upside potential for increased cash flow. No leases in place provide added flexibility for future plans. Conveniently located near major streets, public transportation, and local amenities. A solid opportunity for investors looking to build equity and maximize returns in a growing area. *FULL UNFINISHED BASEMENT*
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
12618581
Year Built
1909
Total Square Footage
0
Lot/Acreage
0.13
County
Cook
Area
CHI - New City
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Gas,Wall Unit
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50X125
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $15,997
- Taxes w/Assessments: N/A
- Tax/Property ID: 20064070220000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
4400-4402 S Honore Crest Chicago, IL 60609
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