Closed

$480,000

Favorite

beds

baths

122 N Menard Avenue

Chicago, Illinois 60644

Closed / MLS #11834368 / Multiple Unit (2-4) / Austin

Listing information updated 9/14/2023 at 2:23pm

Welcome to this exceptional investment opportunity! Presenting an all-brick 4-flat building that generates an impressive $50,000 in rental income annually. This property is a true gem, boasting four well-maintained 2-bedroom, 1-bathroom units, each designed with a spacious living room/dining room combo, and large eat-in kitchens adorned with elegant white cabinets. Enjoy the ease of ownership with "nothing to do but buy and start cash-flowing day 1!" All four units are rented with leased to section-8 tenants, offering an ideal investment for savvy investors looking for immediate returns. Moreover, this 4-flat offers a unique advantage of separate basements for each unit, providing additional space for tenants' storage needs. This thoughtful feature enhances tenant satisfaction and convenience, setting it apart from other properties in the area. Seize this incredible chance to close the deal and start collecting rent immediately! The property's robust rental income, combined with its turnkey condition, promises a seamless investment journey, whether you're a seasoned investor or entering the real estate market for the first time. This unique opportunity won't last long! Don't miss your chance to own a rock-solid, cash-flowing asset with tremendous potential for long-term growth. Act now and capitalize on this outstanding 4-flat building in a prime location. Reach out today to secure your future and embark on a rewarding investment venture! Tenant Pays Utilities.

Full Features

Exterior Type:

Brick

Basement:

Unfinished,Egress Window

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

61-70 Years

Parking Type:

Space/s - Off Street

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$2,613

Tax Year:

2021

Location

Zip Code:

60644

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Exit Strategy Realty

Listing Office Phone: 312.554.5478

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 9/14/2023 at 2:23pm. 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.

Austin, IL

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 Austin and South Austin. South Austin is the...

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CTA

Blue line at Austin

CTA

Green line at Austin

$280,947

Average Sale Price

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.

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122 N Menard Avenue is a multiple unit (2-4) which sold for $480,000. 122 N Menard Avenue features 8 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since July 17th, 2023 and was built in 1959. The nearest transit stops include Austin CTA Blue line.