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2753 W 38th Street Chicago, IL 60632

$425,000
Active / MLS# 12732191 / Multi Unit - Multiple / Chicago
6 Beds
2 Baths

Welcome to 2753 W 38th St, a great investment opportunity located in the Brighton Park neighborhood of Chicago. This property offers excellent potential for investors looking to add to their portfolio or owner-occupants seeking a property with existing rental income. The property currently has 1 tenant on a month-to-month basis one did just move out , it was generating a combined monthly rental income of $3,050 ($1,500 and $1,550). The existing rental income provides an immediate income stream while offering the new owner flexibility with future plans for the property. The property is well insulated, including the interior and exterior walls, floors, and ceilings, providing added comfort and energy efficiency throughout the home. An adjacent, separate lot is also available and can be purchased separately or together with the property. This additional parcel provides an excellent opportunity for a buyer looking for additional land, potential future development, parking, or other permitted uses. Conveniently located near major streets, public transportation, shopping, restaurants, schools, parks, and other neighborhood amenities. The property provides easy access to surrounding Chicago neighborhoods and major transportation routes. This is an excellent opportunity for an investor seeking an income-producing property with additional land available, or for a buyer looking for a property with multiple options for future use. Schedule your showing today and explore the possibilities this property and adjacent lot have to offer. Property is an estate sale being SOLD AS IS. Property was reactivated due to issues with buyers loan.

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Estimated Payment

$ 1,487.78 per month $1,093.57 Principal & Interest $270.25 Property Tax $123.96 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Heating: Natural Gas
Lot Size: 2,300
Taxes: $3,243
Year Built: 1888

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 2300
Parcel#: 16364220030000
Sewer: Public Sewer
Total Rooms: 12
Township: Lake
Water: Lake Michigan

Schools

School District: District 299

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.

Location

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Listing Office: Avenue Properties Chicago

Listing Office Phone: 708-972-0000



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