516 W ENGLEWOOD Avenue, Chicago, Cook County, IL, 60621 Chicago IL US

USD 325,000
For Sale MLS: 11669844

Property Details

Bedrooms

11

Bathrooms

4

Neighborhood

Englewood

Property Type

MultiFamily

Description

This beauty is back after a couple of updates and is ready to be yours! Hello Englewood, are you ready for a house hacking opportunity that will bring you over $3000/month in rental income? This Multi-Family in the Englewood MMRP Community means $15,000 in Down payment assistance (for owner occupant, if you qualify.) The first floor is officially rented out at $1400/month and the 2nd floor is on its way to being rented out at approximately $1900/month. That gives the new owner $3400 in monthly rental income. ***Building Layout*** Includes the following: * Unit 1: 3Bed/1Bath - $1400 (rented) * Unit 2: 6Bd/2Ba (Duplex Up) - $1900 (pending being rented) * Basement: 2Bd/1Ba - $1100 (on the market.) Total rental income once fully occupied comes out to approximately $4400/Month or live in the basement and collect the $3300 in rental income from the two upper units! Let's talk about Location: This building sits on a beautiful tree-lined street off the beaten path right in the Englewood Community. Centrally located near the Grocery store, Minutes from the expressway and it's even close to Public transportation. Buyers do you want to get pre-approved??? My Lender Partners are standing by!!! NOTE: Seller is a licensed IL Real Estate Agent. Find out more about this property. Request details here

Location

Address

516 W Englewood Ave, Chicago, Illinois 60621, United States

City

Chicago

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