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$540,000
12 Beds 4 Baths 12127999 MLS CLOSED Status
Exceptional opportunity in Austin: a well-maintained 4-unit multifamily building available now. This investment property boasts long-term tenants and generates immediate rental income. All units are occupied are 3 bedroom/1 bathroom, including one non-conforming in-law unit. The property is sold as-is; buyers should verify details, including the legality of the basement units. Three primary units produce $4,200 monthly, while the fourth unit, currently rented by the owner's relative, could command $1,500 monthly. An in-law unit brings in $800 per month, and an unfinished second in-law unit offers potential for additional income. The property features two sets of coin-operated laundry machines ($300 monthly income), a 5-car garage, and recent updates including a 6-year-old boiler, hot water heater, and new windows. Owner covers heat and water; tenants pay cooking gas and electricity. Enclosed with wrought iron fencing and equipped with a handicap lift off the back deck, this building is perfect for investors looking to build wealth.

1439-41 N Laramie Avenue, Chicago

$440,000
6 Beds 3 Baths 12158480 MLS CLOSED Status
A truly special offering: Recently renovated two-unit building in the up-and-coming South Austin neighborhood!! Both UNITS are fully rehabbed and are move-in ready! The first floor or the owner's unit is impeccable! Three bedrooms and 2 Full Baths, one in the primary suite! ALL NEW! Roof, Windows, Doors, Plumbing, Electricity, and HVAC systems. Updated Kitchens and Baths, 42" Euro-Style cabinets, and Quartz counters. This is a GREAT investment for the owner-occupant or savvy investor with multiple paying rents in the building. Investment Opportunity? Live in one of the units and rent the others. Get Top rents for these units for sure!! The 2nd floor unit has 3BD/1BA and in-unit laundry. The basement is semi-finished with all water, gas, and drain connections. The basement unit is just waiting on your design and floor-plan ideas. Both units have spacious floor plans and hardwood floors throughout. Turn-key ready for your new tenant/tenants!! Tastefully landscaping both in of the home and in the backyard. Fully paved backyard and fence with gate. All separate utilities, gas forced-air furnaces with HVAC systems. The property & location can't be beat! Walk to the parks, schools, shopping, public transportation, and much more...

214 N Laporte Avenue, Chicago

$318,000
6 Beds 2 Baths 12139511 MLS CLOSED Status
Charming and well-maintained brick corner two-flat located in the Austin neighborhood of Chicago. This classic multi-family home offers an excellent opportunity for both investors and homeowners looking to live in one unit while renting out the other. Both units have their individual newer forced air heating units, spacious layouts, 3 bedrooms, 1 bath, formal living and dining rooms and several windows that allow a generous amount of natural lighting. Full unfinished walkout basement with potential for additional living space or storage. Convenient fenced in parking pad in back with space for two vehicles. New roof and gutters installed 2024. This well-maintained property is eagerly searching for its new proud owner. Schedule your exclusive tour today and see for yourself. This could be the perfect building you've been looking for. Conveyed as-is. Property taxes pro-rated at 100% of most recent full year tax bill.

4957 W Superior Street, Chicago

$285,000
6 Beds 3 Baths 12144757 MLS CLOSED Status
**Investment Opportunity: Multi-Unit Building in Prime Location** Discover a promising investment opportunity in a sought-after neighborhood! This multi-unit building features 3 spacious apartments, each offering its own unique potential. While the building itself presents significant potential, it is important to note that it is in need of a cosmetic renovations. This property is being sold *AS-IS*, providing a blank canvas for the discerning investor or buyer ready to take on a transformative project. Located in a vibrant area known for its strong rental demand, this building is surrounded by local amenities, parks, and public transportation, making it an attractive option for future tenants. The potential for increased value and rental income is substantial once renovations are completed. In addition to the apartments, the property includes a two-car garage situated at the back, adding further convenience and potential for additional rental income. Owner is eager to sell, presenting an excellent opportunity for an investor looking to revitalize this property and tap into the lucrative rental market. Don't miss out on this chance to turn a diamond in the rough into a thriving multi-unit investment! Contact us today to learn more and schedule a viewing.

5334 W Gladys Avenue, Chicago

$435,000
6 Beds 2 Baths 12143994 MLS CLOSED Status
Welcome to this charming 2-flat nestled in the Austin area! Each unit offers spacious living with 3 bedrooms, 1 bath, a cozy Living Room, separate Dining Room, and a fully equipped kitchen featuring stainless steel appliances such as refrigerator, stove, and microwave hood. This property boasts recent upgrades including a brand new roof, porch, furnaces, and water heaters, ensuring peace of mind for years to come. The unfinished basement presents an excellent opportunity for customization or additional storage space. Conveniently located with easy access to amenities, schools, and transportation, this property is ideal for both investors and owner-occupants alike. Parking is a breeze with two dedicated spaces in the rear. Don't miss out on this fantastic investment opportunity!***One of the LLC members is an Illinois licensed realtor (not related to listing brokers)***

439 N Leamington Avenue, Chicago

$260,000
4 Beds 3 Baths 12128184 MLS CLOSED Status
No tenants now-vacant!! Introducing an excellent opportunity for home buyers and/or investors in the Austin area. (NO FHA lending) Building has a NEW ROOF this year. 2 unit building, each comprising of 2 bedrooms, 1 bathroom, Large dining rooms and spacious living rooms. The basement is not built out but has a bathroom and hook up for a washer dryer. Also has vintage fireplace. 2 car garage. Enclosed porch, natural hardwood flooring in certain areas, eat in kitchen with stove, mircowave oven, and sink in one of the units. Owner started the second floor rehab but was unable to finish- and it looks good so far. THERE ARE 2 separate GFA boxes in basement for unit 1 and 2. Basement has water meters, concrete double sinks for laundry and laundry hook-ups. Boiler is from 2017, (owner thinks). The crawl space with prior water was fixed. The Chimney tuckpointing completed less than 5 years ago. Water heater approximately 10 year old. Garage less than 10 years old. This is an amazing opportunity for an investor looking to live in one unit, rent out the second floor and build a 3rd basement unit if allowed by city/ADU laws. The second floor was not finished out, but has some basics for a new investor. This property is sold 'AS IS" Family Owned by same owner for over 60 years and has not ever been on the market until now. Nice location close to Park on Hirsh street.

1452 N Laramie Avenue, Chicago

$207,000
6 Beds 2 Baths 12129956 MLS CLOSED Status
Located in the heart of the Austin community this spacious multi unit is situated on an extra wide lot and offers tons of diff strategies which can really add tons of value to this building! Currently the property is being utilized as a two unit where each unit is very spacious! Both units offers a large sun drenched living room with formal dining room and three bedrooms per unit. Each kitchen is toward the rear of the building and very spacious with a pantry and small eat in area. Building offers a full unfinished basement with high ceiling height, duplex the first floor into the basement for a large owners unit. Another spin on this building is convert into a single family, with the extra wide lot, tons of square footage and sought after Austin location a single family play here can offer huge rewards! Either keep as a multi unit for passive income or convert to a single family for huge equity upside, either way this is a win win!

1055 N Central Avenue, Chicago

$470,000
5 Beds 3 Baths 12129217 MLS CLOSED Status
The perfect turnkey investment!!! Nothing to do but move in! This gorgeous two-unit property offers fantastic flexibility and income potential. The property boasts newer roof, plumbing, electrical, windows, siding, hardwood floors, expresso kitchen cabinets, quartz countertops, stainless steel appliances, 2 furnaces, 2 air conditioners, 2 water heaters, front loader washer/dryer, and 2-car garage. 1st floor has 2 bedrooms, 1 bathroom, and an enclosed back porch. 2nd floor is duplexed up with finished attic space, which offers 3 bedrooms, 2 bathrooms, and an enclosed back porch. Enjoy the outdoor private fenced in backyard and 2-car garage as well as plenty of street parking for guests. Steps away to La Follette Park, Starbucks, Ross, Planet Fitness, groceries, restaurants, shopping and more! Just a quick 10 minute drive to I-290. Inquire about available financing options and grants to be able to purchase this property with very little down!!

1450 N Leamington Avenue, Chicago

$525,000
6 Beds 3 Baths 12116284 MLS CLOSED Status
Check out this Exceptional Turn-Key Investment Opportunity in the Northern Austin Neighborhood, bordering Belmont Cragin - This is your end of Summer Must! If you've been debating whether to buy or not, this is your sign to DO IT! This property is perfect for those looking to live in a thriving community while tenants cover the mortgage. The seller's mortgage interest rate of 2.375% can be assumed by the buyer using Roam. This Income-producing building has had zero vacancies in the last five years. The reason is very simple: each unit was refurbished with a seamless blend of modern elegance and functionality. Spacious kitchens equipped with dishwashers, microwave, upgraded stoves and refrigerators. The three spacious bedrooms plus den offer our residents space to grow, entertain and lounge. The cost of doing business is everything when it comes to multi-family ownership. That is why we covered all the essentials; all units have separate heating/cooling and the tenants are responsible for all the utilities. Newer improvements (dating back to 2021/2023) include: 2-car garage, HVAC, A/C, roof, garage, plus updated plumbing & electrical thru-out, ensuring long-term peace of mind and easier property management. CURRENT INCOME STRUCTURE: 1st & 2nd floors with 3BED/1BATH and in-unit W/D:1st Floor: $1,525 + $100 parking | 2nd floor: $1,420 + 100 parking. This property promises immediate income with significant potential for rental growth. Comparable rentals in the area continue to increase, signaling a healthy and sustainable rental market, this property is poised for long-term success. Our long term tenants are on a MTM agreement and have been issued moving notifications in case the buyer needs to occupy or adjust rents to reflect Current Fair Market Values. See comps:(MLS#:11944337) 841 N. Latrobe, Unit 2. This 3bed/1bath apartment rented for $1,850 in 31 days. In comparison, our units offer a more contemporary design in kitchens and bathrooms. We also have larger bedrooms and the 3rd rear bedroom has a tandem room perfect for home office or small child's bedroom or playroom. The second comp (MLS#: 12063794) is located at 1727 N Monitor, Unit 2. This unit rented in 32 days for $1,800 without parking. COMPETITIVE ADVANTAGE: this property in more updated and offers larger bedrooms and coveted amenities. The detached two-car garage and spacious yard further enhance the appeal. This is an ideal opportunity for owner-occupants or investors looking to capitalize on a strong rental market with potential for rental growth and a stable tenant base.

1427 N Laramie Avenue, Chicago



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