A rare chance to own a modern, oversized 2-flat greystone with a finished garden apartment at an affordable price point. The property was fully rehabbed in 2021 and features separate utilities and spacious layouts. It's perfect for an investor or buyer looking to build wealth through minor improvements like painting, cleaning, and simple repairs. With minimal work, the building has the potential to generate over $50,000 in equity. Similar properties in the area are selling for over $400,000. One unit is currently occupied by a long-term tenant paying $1,850 per month. Between all three units, the property has the potential to bring in over $5,000 in monthly rental income, making it a strong option for someone interested in generating passive income while the property appreciates in value.
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For more information about 1212 W 64th, Chicago, IL 60636 contact Corcoran Urban Real Estate.
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Listing provided by Berg Properties
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