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7009 S Indiana Avenue Chicago, IL 60637
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Key Details
Sold Price $350,550
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11800497
Sold Date 07/24/23
Bedrooms 5
Annual Tax Amount $3,016
Tax Year 2021
Lot Dimensions 25X125
Property Description
CALLING ALL INVESTORS! Prime Investment Opportunity: Highly Profitable 2-Unit Building with Versatile Potential Discover an exceptional investment prospect that guarantees impressive returns and a multitude of options. 60+ Airbnb reservations booked out ready to be taken on by a new owner! This profitable 2-unit building presents an ideal opportunity for savvy investors looking to capitalize on rental income, Airbnb success, or the flexibility to convert it into a single-family home. Each unit features 2 bedrooms, 1 bathroom, and a convenient laundry area, ensuring comfortable living for tenants. Recently remodeled bathrooms, updated flooring, and ample storage space add a touch of modernity and practicality to the property. An additional advantage comes in the form of a bonus garden unit with a separate side entrance, expanding the income potential or offering personal usage opportunities. This property boasts several attractive qualities, including low taxes, a generous lot size, and abundant street parking options. Moreover, a newly paved driveway with a gate closure allows secure parking for two cars. Investors can confidently seize this highly profitable asset, benefitting from its current success and numerous possibilities for future growth. Don't miss out on this investment opportunity that combines profitability with versatility.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Parking Type Off Alley, Secured
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Deneen Elementary School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Bought with Nia Crawford • Dream Spots Leasing Inc