Rare all-brick Chicago 3-flat where every unit is a full 3 bed/2 ba -- no compromised floor plans, no studio filler. All three units are tenant-occupied with current rents of $1,950 / $2,180/ $2,250/mo, generating $76,560 gross annually. Two-car detached garage adds tenant appeal and long-term retention. Mechanicals all recently updated-- no capital surprises waiting for you at closing. This is a genuine turnkey income property: occupied, cash-flowing, and built in all-brick construction that keeps insurance low and maintenance lower. Investor demand for full-sized units in this price band is strong -- and it shows in the rent roll. TIMING NOTE: This property is being marketed in coordination with 2440 W Lexington St (MLS#12605875), a fully rented 4bd/2ba single family with 2-car garage listed at $335,000. Each property may be purchased independently - buyers are not required to acquire both. However, seller is requiring that closings on both properties occur within a close timeframe of one another, as this transaction is part of a 1031 exchange. Buyers should be prepared for a time-sensitive, coordinated closing schedule.
Baird & Warner Curtis Johnson Agent Cell: 773.817.0007 Email
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: Berg Properties
Listing Office Phone: 888-276-9959
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2442 W Fillmore Street, Chicago, IL 60612.
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2442 W Fillmore Street, Chicago, IL 60612.
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