$1,950,000
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Active MLS # 11876743, Listed by First Western Properties
Active MLS # 11876743, Listed by First Western Properties
3245 W 23rd Street is a $1,950,000 home located in Chicago, IL.
Seller’s Description
Welcome to the perfect investment opportunity in the vibrant neighborhood of Little Village! Presenting a 10-unit multifamily building that combines the benefits of a prime location, below market rents, and recently rehabbed units. This property offers tremendous potential for both immediate cash flow and long-term growth. One of the standout features of this multifamily building is its below market rents. With rental rates lower than the prevailing market rates in the area, this property provides a unique advantage. This presents an excellent opportunity for an investor to capitalize on the potential for increased cash flow. By gradually raising the rents to market levels, you can significantly boost your monthly income and enhance the overall profitability of the investment. Located in the vibrant community of Little Village, this building is situated in an area experiencing rapid growth and development.
Features
INTERIOR
EXTERIOR
| Exterior Features | Electricity Heat |
PROPERTY
| Property Type | Commercial Sale |
| Style | Multi Family 5+ |
| Year Built | 1960 |
| HOA Fee | $0.00 |
| Taxes | $7,843.00 |
| County | cook |
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Listings marked with the Broker Reciprocity icon (above) are provided courtesy of Midwest Real Estate Data, LLC. Broker Reciprocity Database. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
