214 N Kolin AVE Pending

Chicago,IL 60624

$ 285000

7 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12007096

Style A-Frame

Bedrooms 7

Year Built 1885

Annual Tax Amount $1,586

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 0.0723 ACRES OR 3,150 LOT SQ FEET.

Property Description

Discover an unparalleled investment opportunity with this exceptional three-unit building in Chicago's thriving West Garfield Park neighborhood. Perfectly suited for house hacking, this property offers the rare chance to live in one unit while collecting rent from your first day of ownership, offsetting your mortgage, creating an income stream and building equity effortlessly. The building features three separate units, each with unique layouts and generous living spaces, appealing to a wide range of tenants. Significant updates have been made, including newer HVAC, kitchen appliances, refreshed bathrooms, new underground and basement plumbing and significant roof repairs. These enhancements not only increase rental appeal but also reduce immediate maintenance concerns. All units have separate gas and electric meters. This is a solid building on a brick/stone foundation. Ideal for the live in owner. 48 hour notice required due to tenants. Lot next door can be purchased from the City of Chicago's Adjacent Land Acquisition. Broker-owned interest.

Location

State IL

County Cook

Area Chi - West Garfield Park

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas,Electric

Fireplace N

Exterior

Waterfront false

Parking Type Off Street

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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