Rare Turnkey Cash-Flowing Multifamily! Whether you are a seasoned investor looking to scale or an owner-occupant looking to live for free while your tenants pay the mortgage, this turn-key 3-unit building delivers. In a market where positive cash flow is hard to find, this fully occupied property stands out. Built for maximum efficiency and profitability, the property features three spacious, fully above-grade 3-bedroom, 1-bathroom units. Each unit has a highly desirable open-floor plan that rents instantly: spacious living areas, large bedrooms (the primary can accommodate a king-sized bed), closet space, and in-unit washer/dryer hookups. Landlords: Say goodbye to high overhead. Tenants pay their own utilities, there is no basement, no lobby, and minimal common area. Perfectly situated in the heart of the Englewood Square footprint just steps from Starbucks, Chipotle, Wing Stop, and excellent transit (Green Line & 63rd St Bus). Ready for you to move-in or generate income on day one!
Multi-familyProperty Type
2005Year Built
3,125 sq ftLot Size
3 spacesParking
Listed by Naja Morris• @properties Christie's International Real Estate
Listed by Apryl Washington• @properties Christie's International Real Estate
3 unit cash flowing fully occupied newer building! All fully above grade 3 bedroom, 1 bathroom units with ALL separate utilities and washer dryer hook up in unit. As a landlord you could not ask for a better setup; there is minimal common area maintenance and utility because there is NO basement or lobby. Much desired open floor plan units that rent quickly! Enjoy all there is to love about Englewood Square: Whole Foods, Starbucks, Chipotle, Wing Stop and more! Walking distance to the Green Line and 63rd St Bus. The building is in great condition and ready for the next investor.
MRED as Distributed by MLS Grid #09198336
Oct 25, 2016
Sold (MLS) (Closed Sale)
$178,000
May 2, 2016
Contingent
—
May 2, 2016
Listing Removed
—
Apr 18, 2016
Listed (New)
$190,000
+10
Fully updated Newer construction 3 Unit. Each unit pays its own utilities and units have little to no maintenance required. Nothing to do but purchase and collect rents. Tenants are all section 8 and CHA pays 100% of rent. No worries about collecting rent because it is direct deposited 1st of every month!
MRED as Distributed by MLS Grid #07340542
May 7, 2010
Sold (MLS) (Closed Sale)
$81,500
Mar 3, 2010
Pending
—
Feb 23, 2010
Price Changed (Price Change)
$89,000
Dec 29, 2009
Price Changed (Price Change)
$94,000
Dec 7, 2009
Price Changed (Price Change)
$99,000
Nov 4, 2009
Price Changed (Price Change)
$149,800
Oct 2, 2009
Listed (New)
$158,400
Public Records
Sep 21, 2005
Sold
$350,000
Year
Property tax
Land + Additions
Assessment*
2009
2008
2007
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
0
Year built
—
Style
Multi-Family (5+ Unit)
County
Cook County
APN
2021106006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 11, 2023.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Parking (Total): 3
Parking Features: Unassigned, Off Alley, Owned
Interior
Bathroom Information
# of Baths (Full): 3
Bedroom Information
# of Bedrooms: 9
# of Bedrooms Possible: 9
Interior Features
# of Rooms: 12
Window Features: Screens
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: 0
Unit Type 2 Information
Floor Number: 2
# of Rooms: 4
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $1,300
Rent: $1,300
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Sunday, November 1, 2026
Unit Type 3 Information
Floor Number: 3
# of Rooms: 4
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Rent: $1,764
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Saturday, August 1, 2026
Exterior
Building Information
# Of Units in Building: 3
Age: 21-25 Years
Built Before 1978 (Y/N): No
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 20211060300000
Lot Information
Dimensions: 25 X 125
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $5,022.73
Tax Year: 2024
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: South Chicago
Corporate Limits: Chicago
Directions: I94, West on 63rd, South on Normal to Property
Public facts
Beds: —
Baths: —
Sq. Ft.: 0
Stories: —
Lot Size: 0 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 2021106006
Home facts updated by county records on Apr 11, 2023
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Chicago Public Schools website to verify.
Kershaw Elementary School
Public PreK-8 • 0.3mi
4/10
Englewood STEM High School
Public 9-12 • 0.6mi
1/10
Mays Elementary Academy
Public PreK-8 • 0.4mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
79
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
66/ 100
Moderate sunlight
Sunscore
This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.