Excellent investment opportunity featuring two 2 multi-unit residential buildings offered as a package sale, along with a vacant lot. Both properties are priced to reflect condition and present strong value-add potential for an investor seeking long-term rental income. The buildings offer solid upside through interior improvements and rental increases. Key improvements include newer roofs, a regularly serviced boiler, and select windows replaced within the past five years. Property taxes are notably low, helping support favorable operating expenses. A vacant lot located nearby is included in the sale, providing additional possibilities for parking, expansion, or future use.
| MLS # | 12571574 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1925 |
| Days On Site | 191 |
| Listing Provided By | RE/MAX 10 | Dave Shalabi |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Rooms Total | 14 |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Vinyl Siding |
|---|
| Parking Features | Yes, Owned |
|---|
| Sewer | Public Sewer |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 5680.76 |
| State | IL |
|---|---|
| County | Cook |
| City | Hazel Crest |
| Zip Code | 60429 |
| Area | Hazel Crest |
| Listing VS Median (in 60429) | |
Price: $275,000 low | high Med: $187,500 On site: 191 low | high Med: 221 | |
| State | IL |
|---|---|
| County | Cook |
| City | Hazel Crest |
| Zip Code | 60429 |
| Area | Hazel Crest |
| Listing VS Median (in 60429) | |
Price: $275,000 low | high Med: $187,500 On site: 191 low | high Med: 221 | |