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$894,000
Est. payment /mo
7 Beds
3,920 Sqft Lot
UPDATED:
11/25/2024 06:06 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12184405
Bedrooms 7
Year Built 1916
Annual Tax Amount $8,017
Tax Year 2023
Lot Size 3,920 Sqft
Lot Dimensions 40X100
Property Description
1824 W Hood Ave is a gut-rehabbed legal 2-unit + (1) garden unit on quiet residential street. Just a few blocks away from the brand new Peterson & Ridge Metra Station, no expenses were spared in this rehab. It features all new utilities throughout, interior unit finishes, some upgraded windows, etc. Sitting on a 40x100 lot, 1824 W Hood Ave has rear and side parking for up to 8 vehicles! The 2nd floor unit is a 3br/1ba, 1st floor and garden units are 2br/1ba. All units feature in-unit washer/dryer and individual HVAC. This property is ready for your clients to move into today and start collecting rents from day one, or it can be used for investment purposes with a proforma 6.5 cap rate - all you have to do is rent it out. Estimate of +80k in annual rents when it's all rented out! Property shows extremely well and will be delivered vacant. Bring your clients to check it out! Floor plans available in additional documents.
Location
State IL
County Cook
Area Chi - West Ridge
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Water Lake Michigan
New Construction false
Schools
School District 130 , 130, 130
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Preston • Horvath & Tremblay IL, LLC
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