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Listed by Michael Zapartof Compass
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Est. payment /mo
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12629484
Bedrooms 2
Full Baths 1
Year Built 1916
Annual Tax Amount $2,215
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Detached Single
Property Description
Great investment opportunity in the desirable Morgan Park neighborhood! This frame raised ranch offers a solid, income-producing asset with immediate cash flow. The home features 2 bedrooms and 1 full bath and is currently leased to a long-term tenant, generating $1,400 per month in rental income. The property will be offered through an upcoming auction on Xome, making it an excellent opportunity for investors looking to acquire a performing asset. The current lease will be assigned to the new owner, ensuring a seamless transition and continued income from day one. Drive-by only-no interior showings permitted. Property is being sold occupied. Whether you're expanding your portfolio or entering the investment market, this is a great chance to secure a rental property in a well-established Chicago neighborhood.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Cooling None
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Story Raised Ranch
Sewer Storm Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
School District 299, 299, 299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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Crosstown Realtors
Owner | License ID: 471019341