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3911 W 14th Street Chicago, IL 60623
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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11870435
Sold Date 12/14/23
Bedrooms 12
Year Built 1920
Annual Tax Amount $1,916
Tax Year 2021
Lot Dimensions 29 X 125
Property Description
Incredible Investment Opportunity - 3-Unit Brick Building with Strong Rental Income and Guaranteed CHA Tenants! This well maintained property features three spacious units, each comprising 4 bedrooms and 1 bathroom. Generating a solid gross monthly income of $4,251, all units are currently leased to CHA (Chicago Housing Authority) tenants, providing a guaranteed government-backed rent. The convenience of separate utilities and gas forced air systems adds appeal, while the month-to-month lease agreements provide the flexibility to either capitalize on the attractive rental income or opt for owner occupancy. Don't miss your chance to own this remarkable property offering steady cash flow and investment potential in a sought-after location.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Scott Siegel • Chicago Real Estate Authority
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