Introducing a prime investment opportunity: an 11-unit, multi-family property situated in the thriving Oak Park Arts District. Well maintained corner building, comprising three addresses (844/846 S Humphrey and 12 Harrison), represents a turn-key investment poised to deliver substantial returns from the outset. Strategically located, this asset merges the allure of a pedestrian-friendly, creative neighborhood with the practicality of seamless connectivity, owing to its proximity to the Blue Line and 290 Xpressway. Encircled by an eclectic mix of boutique shops, galleries, and diverse dining venues, the property is exceptionally attractive to discerning tenants. The sophisticated condo-quality units are awash with natural light, fostering a welcoming ambiance for occupants. Each unit is outfitted with premium finishes, such as granite countertops, tasteful shaker-style cabinetry, and polished hardwood floors. Tenants are afforded both comfort and efficiency with in-unit washer/dryers, individual and central heat/AC systems, upgraded electrical systems, and contemporary plumbing. Elegant architectural elements, including classic moldings and decorative fireplaces, contribute to the refined character of these well-appointed residences. The recently reconstructed decks present an appealing outdoor space for leisure and socializing, amplifying the property's overall appeal. Capitalize on this exceptional opportunity to secure a piece of the Oak Park Arts District's distinctive allure and yield a profitable, sought-after investment for years to come.
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Property Details
Utilities
Heating
Cooling Central Individual
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Additional Information
Parking
1 Parking Spaces
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Listing History
03-22-2023
Listed at $1,600,000
03-23-2023
Price decreased by $200,000 to $1,600,000
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