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$825,000
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8
beds
6
baths

2657 W Luther Street

Chicago, Illinois 60608
Closed / MLS #11663107 / Multiple Unit (2-4) / South Lawndale
Listing information updated 1/28/2023 at 1:03am
Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,285, significantly under todays market rents. Can sell with Property Management in place. Also easy to self manage. Very low maintenance investment property. Will not last long! Preapproved for Portfolio Loan with Federal Savings Bank, 15% down for Investors, 3 year arm at 5.95%.

Full Features

Architecture Style:
Other
Exterior Type:
Brick
Basement:
None
Beds Above Grade:
8
Heating System:
None
Pool:
No
Age:
100+ Years
Parking Type:
Garage
Parking Spaces:
2
Room Count:
18
Water Front:
Yes
Square Feet:
N/A
Lot Size:
.25-.49 Acre

Taxes & Assessments

Tax Amount:
$2,315
Tax Year:
2020

Location

Zip Code:
60608
City:
Chicago
County:
Cook

Schools

School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Main Street Real Estate Group

Listing Office Phone: 773.799.8042

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/28/2023 at 1:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Metra

Metra
BNSF Railway line at S Western Ave Metra

CTA

CTA
Green line at Kedzie
CTA
Pink line at California
$262,040
Average Sale Price
73
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2657 W Luther Street, Chicago, IL 60608

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2657 W Luther Street is a multiple unit (2-4) which sold for $825,000. 2657 W Luther Street features 8 Beds, 6 Baths. This multiple unit (2-4) has been listed on @properties since October 29th, 2022 and was built in 1899. The nearest transit stops include Kedzie CTA Green line and S Western Ave Metra Metra BNSF Railway line.

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