This huge, outstanding well-kept brick 6-unit multifamily (5 units already built out) is waiting for the wise investor. The property consists of 5 huge units, two 3BR/2BA units, two 3BR/1BA units (that can be converted to 3BR/2BA units), and one 2-bedroom unit. Four of the units have individual heat & central air. New roof and new windows installed. There is a spacious, vacant basement with storage for each unit, and, a coin-operated washer & dryer. This large basement can be legally converted into the 6th unit 2BR/1BA (See additional documents from the city). A huge fenced in back yard, 8 private parking spaces, and a detached 4-car brick garage. Quiet residential area. A outstanding investment. A great value-add purchase. Great for an investor or live-in owner. A very high quality building! Rents are very low compared to market rents for the area due to long-term renters! Taxes are currently being challenged and should be going down substantially. Current and ProForma Rent Rolls under the Additional Documents tab.
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For more information about 1809 E 31st, La Grange Park, IL 60526 contact Corcoran Urban Real Estate.
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