$368,000
5
beds
3
baths

3125 S Michigan Avenue

Chicago, Illinois 60616
Active / MLS #11240080 / Townhome / Douglas
ATTENTION INVESTOR/LANDLORD, TURNKEY INVESTMENT OPPORTUNITY: Fully furnished 3-story townhouse comes with 5 bedrooms and 3 baths, ideally running as a rental business to students; as it is one block away from IIT and ICO campuses, with proforma 9.4% CAP rate with projected $4010 monthly income when fully rented, it also functions as an owner-occupied property while rents from other rooms can help mortgage payments. The townhouse features central AC and heat system, modern kitchen, hardwood floors throughout, stainless steel appliances, high speed Wi-Fi router. Indoor heated pool and exercise center within the townhouse complex. It is steps away to a park, baseball field, tennis courts, Green Line is 3 blocks away; restaurants and grocery stores within minutes walk. Broker owned, 1-year home warranty provided for peace of mind.

Full Features
Exterior Type: Brick,Concrete
Basement: None
Beds Above Grade: 5
Cooling System: Central Air
Heating System: Natural Gas
Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer
Main Level Primary Bedroom: No
Fireplace: Yes
Pool: Yes
Age: 16-20 Years
Parking Type: Garage
Parking Spaces: 2
Roof Type: Tar and Gravel
Room Count: 9
Water Front: No
Square Feet: N/A
Internal Features: Hardwood Floors
Room Information
Living Room: 15x10 - Second
Dining Room: 11x12 - Second
Kitchen: 13x11 - Second
Family Room: 12x11 - Main
Primary Bedroom: 17x8 - Third Level
2nd Bedroom: 11x9 - Third
3rd Bedroom: 13x10 - Third
4th Bedroom: 12x11 - Second
Taxes & Assessments
Tax Amount: $4,939
Tax Year: 2020
Assessments: $389 / month
Location
Zip Code: 60616
City: Chicago
County: Cook
Schools
School District(s): 299
Elementary School: N/A
Middle School: N/A
High School: N/A

Listing Office:

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