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250 W 24th PL Chicago, IL 60616
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Key Details
Sold Price $888,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,991 sqft
Price per Sqft $177
MLS Listing ID 10121289
Sold Date 02/01/19
Maintenance Fees $500
Year Built 1886
Annual Tax Amount $9,265
Tax Year 2017
Lot Size 3,049 Sqft
Lot Dimensions 25 X 125
Property Sub-Type Multi Family 5+
Property Description
Excellent 16 bedrooms, 8 baths investment opportunity in Chinatown/East Pilsen/South Loop area. 6 units with 2 bedrooms/1bath plus two units with 2 bedrooms/1 bath garden units. Garden units finished in 2008 with separate ingress/egress. Proximity to downtown, expressways, CTA Redline, IIT campus and proposed new 62-acre South Loop neighborhood. Perfect for the savvy investor to add equity by updating the existing units to maximize income. Ne roof, parapet wall, porch, and tuckpointing in 2013. First floor front and rear units can easily be duplex down to garden units for additional living space. Located on quiet tree-lined street across from Sun-Yet Park. Priced below market for a quick sale. Owner will consider all reasonable offers. 48 hours' notice and bank pre-approval or POF required for showings. Seller is accepting highest and best offers until November 1, 2018. MLS #10121289
Location
State IL
County Cook
Area Chi - Armour Square
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Sanitary Sewer, Water-Municipal
Building
Level or Stories 3
Structure Type Brick
Others
HOA Fee Include None
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Bought with NON MEMBER