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6926 S Michigan Avenue Chicago, IL 60637
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12071318
Sold Date 08/23/24
Bedrooms 5
Year Built 1903
Annual Tax Amount $2,262
Tax Year 2022
Lot Dimensions 25X159
Property Description
Explore the perfect blend of timeless elegance and modern functionality in this beautifully maintained 2-unit brick home, held by the same meticulous owner for over two decades. This property showcases exceptional care and quality, presenting a compelling opportunity for both homeowners and investors. First-floor unit: 2 bedrooms, 1 bathroom Second-floor unit: 3 bedrooms, 1 bathroom Comfort & Efficiency: Each unit is equipped with its own furnace and water heater, ensuring efficient, individualized control of heating and water usage. Convenience: Both units feature in-unit laundry hook-ups, adding to the ease of daily living. Expansion Potential: Consider the possibility of transforming the garden space into a third unit, enhancing income potential. Dual Income Strategy: Ideal for those looking to occupy one unit while leasing the other, this property offers a smart approach to managing expenses and generating income. Flexible Rental Options: Perfect for both short-term and long-term rental arrangements, providing various investment possibilities. Long-Term Quality: Two decades of diligent maintenance ensure the property's longevity and reliability. Architectural Charm Meets Modern Amenities: Enjoy the best of both worlds with classic design and contemporary features. Basement Improvements: Recent updates include newly poured concrete complete with drain tiles and a sump pump. Fresh Interiors: New carpeting in both units adds a fresh and inviting touch. Embrace the opportunity to own a unique property that marries historical charm with practical living solutions. Whether as a stable investment or a personal residence with versatile living options, this 2-unit gem stands ready to meet your needs.
Location
State IL
County Cook
Rooms
Basement Full, Walkout
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Rubber
Parking Type Off Street
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
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 Dione Branch • eXp Realty, LLC