- 8 beds
- 3 baths
- – sqft
- 369 sqft lot
- 1961 build
- – on site
Turn-Key Investment Opportunity - Solid 3-Unit Brick Building with Immediate Cash Flow Potential Investors, take notice! This well-maintained three-unit brick building presents a fantastic opportunity to own a cash-flowing asset in a neighborhood surrounded by other well-kept multi-units. The first and second floors feature identical spacious 3-bedroom layouts, each with a large eat-in kitchen, fresh paint, new carpet, updated kitchen appliances, and modern bathroom fixtures-perfectly move-in ready for renters. The garden unit, designed as a 2-bedroom, 1-bath, is near completion-framing and plumbing are done, and electrical work is nearly finished. With minimal investment, you can unlock a third income-producing unit and boost your ROI. Additional income stream from coin-operated laundry on-site, generating approximately $200/month, which currently covers the water bill. Recent capital improvements include: New windows (~2020) New roof on both building and garage (~2023) Individually metered furnaces and hot water heaters (~2023) - Tenants pay their own electric and gas! 2-car garage for added rental income potential This property is also Section 8 approved, offering rent stability and reduced vacancy risk. Whether you're looking for owner-occupancy with supplemental income or want to rent out all three units, this is a smart, low-maintenance addition to any portfolio. Located with easy access to expressways and toll roads, making it attractive to commuters and tenants alike. Everything has been thoughtfully upgraded-your only job is to collect the cash flow. Don't miss out on this high-performing investment. Schedule your showing today!
Last checked:
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Last updated Jun 25, 2025
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MLS# 12402704 —
The Building
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Year Built:1961
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
Interior
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Rooms Total:14
Location
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Directions:IL-83 East to Loomis Ave. North to property.
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Location:93989
The Property
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Parcel Number:29081150280000
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Property Type:Residential Income
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Lot Size Dimensions:123X3
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 572-9010
- Office phone:
- (888) 574-9405
Taxes
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Tax Year:2023
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Tax Annual Amount:8497
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:152
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Middle Or Junior School District:152
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High School District:152
Parking
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Parking Total:2
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Parking Features:On Site, Detached, Garage
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Garage Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/25
Jun 25, 2025
|
Listed / Active | MRED | $205,000 | 75.2% (4.3% / YR) |
11/19/07
Nov 19, 2007
|
MRED | $117,000 |