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Listed by Lucas Alvaradoof Ready Properties Inc
$ 455,000
Est. payment /mo
Price Dropped by $4K
8900 S Normal Avenue Chicago, IL 60620
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12607704
Bedrooms 7
Year Built 1890
Annual Tax Amount $5,757
Tax Year 2023
Lot Dimensions 75x125
Property Sub-Type Two to Four Units
Property Description
Extremely Rare Investment Opportunity in Auburn Gresham! Unlock the potential of this unique multi-parcel property - featuring 2 separate buildings, 2 garages, and 1 vacant lot, all included in one unbeatable package. This income-generating property offers: 3 Residential Units plus a non-conforming unit for additional rental income. Recently renovated interiors with brand-new kitchens, updated bathrooms, fresh paint, quartz countertops, and luxury vinyl plank (LVP) flooring throughout. Garage space for 3 vehicles (a 2-car garage with a party door - perfect for entertaining - and a 1-car garage), plus a parking pad and rear fencing Whether you're an investor looking for strong long-term returns or a savvy buyer planning to live in one unit and rent the others, this property delivers flexibility and cash flow. Prime location near major transportation and popular retailers like Home Depot, Lowe's, Chipotle, Floor & Decor, and more. Opportunities like this in Auburn Gresham don't come around often - schedule your showing today before it's gone! The 2-1 Bedrooms are currently rented at $1000 each so bringing in $2000 a month, just rented 1st floor unit at $1450, so total monthly income is $3450 with 1 vacant unit still . Conventional or Cash Offers Only!
Location
State IL
County Cook
Community Sidewalks, Street Lights, Street Paved
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 3.0
View Y/N true
Roof Type Asphalt,Flat
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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