4634 S Wallace Street Chicago, IL 60609 PENDING
UPDATED:  
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PENDING
425000
/mo

6Beds

4Baths

-1SqFt

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Key Details

Property Type: Multi-Family

Listing Status: Pending

Purchase Type: For Sale

Year Built: 1874

MLS Listing ID: 10845676

Bedrooms: 6

Full Baths: 4

Total Units: 3

Property Description

Excellent turnkey investment in up and coming Canaryville. Well maintained two flat. Features a 3 bedroom/2 bath 1495 square foot owners unit with master bath and in-unit washer/dryer and deck and one 2 bedroom/1 bath. Roof 2014, garage 2007, and A/C condensers 2014. Individual hvac and water heaters. Owner pays only water and insurance (no gas or electric). Long term tenants, great location, lots of new construction on this block. This is perfect for a family who wants $2k income or investor. Currently 6.9% cap rate with 8 year tenant who recently moved out (unit 2) paying under market rent, could easily be 8% cap rate.

Location

State: IL

County: Cook

Area: Chi - New City

Zoning: MULTI

Rooms

Basement: None

Multi-Unit Info

Total Units: 3

1 Bedroom Units: 3

2 Bedroom Units: 1

Unit 1 Information: Rents Price: $950; Bedroom: 1; FullBath: 1; Includes: Stove, Refrigerator, Dishwasher, Central Air Conditioner, Hardwood Floors

Unit 2 Information: Rooms: 5; Rents Price: $1,100; Bedroom: 2; FullBath: 1; Includes: Stove, Refrigerator, Central Air Conditioner, Hardwood Floors

Unit 3 Information: Rooms: 6; Rents Price: $1,525; Bedroom: 3; FullBath: 2; Includes: Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Garage/Space, Hardwood Floors

Interior

Heating: Natural Gas,Forced Air

Exterior

Garage Spaces: 2.0

Waterfront: No

Parking Type: Garage

Attached Garage: Detached

Building

Lot Dimensions: 25 X 123

Lot Size Range: Standard Chicago Lot

Sewer: Public Sewer

Water: Lake Michigan

Structure Type: Aluminum Siding,Frame

New Construction: No

Schools

School District: 299

Others

Senior Community: No

Tax Amount: $4,910

Tax Year: 2019

Ownership: Fee Simple

Special Sale: None

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