223-233 N kolmar Avenue, Chicago, IL 60624
sale
$799,000
|
Other
Courtesy Of Berkshire Hathaway HomeServices American Heritage Real Estate
Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer back porch that enhance both energy efficiency and curb appeal. The property features spacious two-bedroom, one-bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 7
- MLSID: 12495709
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