6417 S Maplewood Ave

Chicago - Chicago Lawn

$389,900 | Two to Four Units | 5 bedrooms | 2.0 baths | MLS #11396889

Property Description

This brick 2-flat is massive and tastefully remodeled throughout - located in the Chicago Lawn neighborhood! Boasting over 2,300 square feet of living space, this 2-unit multifamily is a fancy residence! Unit layouts include; one 3-bed/1-bath unit and one 2-bed/1-bath unit. Great "house hacking" opportunity - live in one unit and let your tenant pay the lion's share of the building expenses! Both units are sizable and include freshly finished hardwood floors throughout, updated bathrooms, decorative fireplaces, and spacious dining/living rooms! Clean enclosed back porch! New 2-car parking pad! New windows throughout! Newer appliances! Central air! New paint! New furnaces (each unit)! Separate water heaters! Recessed lighting throughout! Kitchens are updated with a modern style - new 42-inch white shaker cabinets! Granite countertops and dishwasher space ( Unit 2 has brand new SS appliances!) Spacious unfinished basement includes laundry hookups and additional storage space. **Bonus feature: Unit-2 has a private balcony!** Roof was recently silver coated and exterior brick tuckpointed throughout. *Excellent cash flow potential - Renovated 2-bed/1-bath apartments in Chicago Lawn rent for $1,300+ per month and renovated 3-bed/1-bath apartments rent for $1,500+ per month. These rents will provide a non-owner-occupied investor with approximately $33,600 in annual gross revenue! Unit 2 currently has a tenant in place paying $1,500/m (proof of concept!). live or rent out the first floor unit! Proximity to public transportation, shopping stores, and local restaurants. Short distance from Midway Airport! Property is being sold as-is. Please act swiftly as this property will not last long! (OPEN THIS SATURDAY 7/16 @ 11AM-12PM!)

Property Details

Property Features 13 rooms, 5 bedrooms and 2.0 baths

  • Master Bedroom
  • Kitchen
  • 2020 Taxes : 1811.83
  • Year Built : 1922
  • Lot Size : Less Than .25 Acre

Listing Provided By Straight-A Realty, LLC

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: 6417 S Maplewood Ave

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