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$300,000
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7,809
square ft

124 N Hamlin Avenue

Chicago, Illinois 60624
Closed / MLS #11875911 / Multiple Family / West Garfield Park
Listing information updated 11/16/2023 at 12:03pm
Investor's Dream Opportunity in Garfield Park, Chicago IL 6-Unit Gem. Are you ready to seize a remarkable investment opportunity in the thriving Garfield Park area of Chicago? This off-market, brick 6-unit property is your ticket to real estate success, and it won't last long! This is your chance to secure substantial equity and cash flow potential. Unit Breakdown: This impressive building consists of four spacious 2-bedroom, 1-bathroom units and two generous 3-bedroom, 1-bathroom units, offering a total of 14 bedrooms and 6 bathrooms. Size Matters: Spanning an impressive 7,809 square feet, this property provides ample space for comfortable living. Investor's Dream Rehab Opportunity: While some units are already gutted, the property is ready for your creative touch. With a total rehab, you can transform this diamond in the rough into a prime income-generating asset.The property is currently vacant, allowing you to start your rehab project immediately without any tenant-related delays. Post-rehab, you can expect to command rents of up to $8,000 per month, offering a strong cash flow opportunity. Act fast, as this off-market gem won't be available for long!

Full Features

Exterior Type:
Brick
Water Front:
No
Square Feet:
7,809
Acreage:
0.12
Built:
1908
Stories:
3
Current Use:
Multi-Family
Zoning:
MULTI
Building Square Feet:
7,809
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
6 room(s) / 3 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$4,170
Tax Year:
2021

Location

Zip Code:
60624
City:
Chicago
County:
Cook

Listing Office: Home First Realty Inc

Listing Office Phone: 312.765.7388

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 11/16/2023 at 12:03pm. 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.

West Garfield Park, IL

West Garfield Park, on Chicago’s West Side immediately west of Garfield Park, is a testament to resilience and community. Long-time residents appreciate the tight-knit community, convenient transportation, short commute downtown and affordable housing as well as access to the park. Garfield Park i...

CTA

CTA
Blue line at Pulaski
CTA
Green line at Conservatory / Central Park Drive
CTA
Pink line at Kedzie

Metra

Metra
Milwaukee District West line at Kedzie Metra
Metra
Union Pacific West line at Kedzie
$220,537
Average Sale Price
131
Average Days On The Market
96%
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 124 N Hamlin Avenue, Chicago, IL 60624

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124 N Hamlin Avenue is a multiple family which sold for $300,000. This multiple family has been listed on @properties since September 2nd, 2023 and was built in 1908. The nearest transit stops include Pulaski CTA Blue line and Kedzie Metra Union Pacific West line.

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