214 N Kolin Avenue, Chicago, Illinois 60624

$285,000
7
BD
3
BA
List Price
$285,000
MLS#
12007096
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Bedrooms
7
Bathrooms
3
County
Cook
City
Chicago
Neighborhood
West Garfield Park
Days On Market
42

Property Description

Discover an unparalleled investment opportunity with this exceptional three-unit building in Chicago's thriving West Garfield Park neighborhood. Perfectly suited for house hacking, this property offers the rare chance to live in one unit while collecting rent from your first day of ownership, offsetting your mortgage, creating an income stream and building equity effortlessly. The building features three separate units, each with unique layouts and generous living spaces, appealing to a wide range of tenants. Significant updates have been made, including newer HVAC, kitchen appliances, refreshed bathrooms, new underground and basement plumbing and significant roof repairs. These enhancements not only increase rental appeal but also reduce immediate maintenance concerns. All units have separate gas and electric meters. This is a solid building on a brick/stone foundation. Ideal for the live in owner. 48 hour notice required due to tenants. Lot next door can be purchased from the City of Chicago's Adjacent Land Acquisition. Broker-owned interest.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2023
Year Built
1885
Exterior Building Type
Frame
Lot Dimensions
0.0723 ACRES OR 3,150 LOT SQ FEET.
Lot Size Range
Less Than .25 Acre
Units
3
Parking
Space/s
Parking Spaces
2
Parking Ownership
Owned
Parking On Site
Yes
Parking Details
Off Street
Heating
Natural Gas, Electric
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid



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