3449 N Oketo Avenue, Chicago, Cook County, IL, 60634 Chicago IL US

USD 424,997
For Sale MLS: 11653360

Property Details

Bedrooms

6

Bathrooms

2

Neighborhood

Belmont Heights

Property Type

MultiFamily

Description

*** Perfect for investors or first time buyers wanting to save money on monthly expenses! One of the few multi family properties in northwest Chicago that can pass the FHA self-sufficient test. Also a rare opportunity to buy a legal 4 flat at nearly 100k a unit. This property consists of 6 bedrooms, 4 full baths, window a/c, boiler heat and in-unit laundry. Unit 1 and unit 2 (not pictured) on the main floor are 1 bed/ 1 baths with hardwood floors and quality long term tenants rented at $1,000 each. Unit 2 has been recently rehabbed with white shaker cabinets. Unit 3 upstairs is the owners unit with a remodeled kitchen, hardwood floors 3 beds, 1 full bath and the only unit with in unit laundry was rented for $1650. Coach house, Unit 4, is a legal conforming unit with 1 bed and 1 full bath, housing a long term tenant rented at $775. Brand new $9,000 boiler installed in the basement. At today's market rent, this building can be fully leased out at $4,425 monthly, $53,100 annually. Each unit has their own a/c units, and they pay their own electric. Annual water and trash expenses of $3,000, Gas at $1,904 annually. PHOTOS ARE ONLY OF UNIT 1 AND COACH HOUSE. More pics to come. Find out more about this property. Request details here

Location

Address

3449 North Oketo Avenue, Chicago, Illinois 60634, United States

City

Chicago

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