8016 S Phillips Ave

Chicago - South Chicago

$799,000 | Multi Family 5+ | Studio | baths | MLS #11374281

Property Description

The best & easiest investment in Chicago! Start making cash on Day 1. Each unit is 3 bed/2 bath, designed to maximize the rental income. Building is fully rented. Rents are at the top of the market, & the building is fully occupied. All the work has been done. Each unit has its own furnace with forced gas heat. Each unit has its own elec/gas meter. New roof, windows, tuckpointing, exterior stairs, & electrical. Perfect for even the most conservative investor. Get in on the ground floor of this fast-moving area. The total square footage for each apartment is about 1,300. The basement is ready to be finished off for another rental, or coin laundry for added cash flow. Out back is a great detached brick 4 car garage. Close proximity to the Obama Center, University of Chicago, Lake Michigan, & downtown. This building is perfect for your buyer. Nothing to do on this property except sit back & watch your investment grow.

Property Details

Property Features rooms, Studio and baths

  • Master Bedroom
  • Kitchen
  • Taxes : 4513.99

Listing Provided By Century 21 S.G.R., Inc.

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Century21 SGR are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

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Mapped Location: 8016 S Phillips Ave

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