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3553 S Hamilton Avenue

Chicago, IL 60609
  • $575,000
  • STATUS: Active Under Contract
  • ON SITE: 42 Days
  • MLS #: 12177762
Under Contract
UPDATED: 239 min ago
$575,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

School District:
299

Description

Welcome to McKinley Park, where a golden opportunity awaits! This double lot in the sought-after McKinley Park area is an absolute dream for investors seeking a lucrative venture. Currently, on a double lot with an RT-4 zoning, this 4-unit property generates a monthly rental income of 3,200 dollars. This is a low-risk opportunity for investors with the potential to increase rents with minor updates to the property. Positioned within the esteemed McKinley Park area, this property and land hold tremendous potential.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3553 S Hamilton Avenue Chicago, IL 60609

  • Price: $575,000
  • Status: Active Under Contract
  • On Site: 42 Days
  • Updated: 239 min ago
  • MLS #: 12177762
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
Welcome to McKinley Park, where a golden opportunity awaits! This double lot in the sought-after McKinley Park area is an absolute dream for investors seeking a lucrative venture. Currently, on a double lot with an RT-4 zoning, this 4-unit property generates a monthly rental income of 3,200 dollars. This is a low-risk opportunity for investors with the potential to increase rents with minor updates to the property. Positioned within the esteemed McKinley Park area, this property and land hold tremendous potential.
Exterior Features

Exterior Building Type Brick Garage Onsite Yes Garage Type Detached Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details Garage Parking Total 2 Waterfront YN No

Interior Features

Basement Unfinished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural Gas Rooms Total 20

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6514.5 Tax Year 2023 Total Numberof Unitsin Building 4 Township South Chicago Type Two to Four Units Water Source Lake Michigan Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX MI CASA: 773-767-1616.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-13T00:10:01.627 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822