857 N Latrobe Avenue

Chicago, Illinois 60651

Alexa Hara

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Property Type
Multiple Unit (2-4)
Community Area

Cash flow or live for free! This beautiful jumbo brick 4-unit in the red-hot Austin neighborhood is an excellent investment opportunity for buyers looking to cash flow or to house-hack! Each unit features 2 bedrooms, 1 bathroom and hardwood floors throughout! Long term owner took great care of the building overall. Plenty of equity built into the purchase price thus allowing the new owner to make the appropriate upgrades and renovations necessary to achieve maximum value and cash flow - Perfect FHA 203k opportunity here! Contingent and sold comparable brick 4-unit properties within a square mile radius sold for an average of $408,000 within the past 6 months. Each 2-bedroom unit can rent for up to $1,100 per month after renovated, this equates to $4,400 per month in rental revenue! 2 car garage! Huge basement with high ceilings (garden unit potential)! Corner lot! Fenced front yard! Newer hot water heaters! Newer copper plumbing! New sewer line! Live in one unit and let your tenants pay your mortgage and expenses! 2 units are vacant, 2 units are occupied with month/month tenants. Tenants pay electric and gas/heating! Take a tour! Make an offer! Won't last long! Seller prefers to sell "as is". First official showing will be Wednesday, December 16th from 12:30pm to 2:00pm. Second and last official showing will be Sunday, December 20th from 12:00pm to 2:00pm.

Full Features
Exterior Type: Brick
Basement: Unfinished
Beds Above Grade: 8
Heating System: Gas
Pool: No
Age: 100+ Years
Parking Type: Garage
Parking Spaces: 2
Room Count: 32
Water Front: No
Square Feet: N/A
Tax Amount: $4,609
Tax Year: 2019

Taxes & Assessments
Taxes: $4,609

Listing information updated 2/17/2021 at 11:03pm

Listing Office: Straight-A Realty, LLC

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Neighborhoods: Galewood, The Island, North Austin, South Austin

Austin is one of Chicago’s largest communities, stretching from Garfield Park on the east to Oak Park on the west. The west side community is made up of beautiful parks, historic architecture and four distinct neighborhoods: Galewood, The Island, North…

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School District(s)
City Of Chicago SD 299
Elementary School
Hay Elem Community Academy
Middle School
Hay Elem Community Academy
High School
Orr Academy High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at Laramie (0.67 miles away)

Milwaukee District West, Union Pacific West, Milwaukee District North

at Grand/Cicero Metra (1.34 miles away), Oak Park, Healy Metra


857 N Latrobe Avenue Chicago, Illinois 60651 is a multiple unit (2-4) currently listed at $329,000. 857 N Latrobe Avenue features 8 bedroom(s) and 4 bath(s). This multiple unit (2-4) has been listed on @properties since December 13th, 2020 and was built in 1915. Nearby schools include Hay Elem Community Academy, Orr Academy High School. The nearest transit stops include Laramie CTA Green line, Milwaukee District West Grand/Cicero Metra. Want to learn more about 857 N Latrobe Avenue Chicago, Illinois 60651? Contact an @properties agent to request more info.

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