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18 Properties Within 0.5 miles of: 3245 W 23rd, Chicago

3245 W 23rd
Chicago, IL 60623

  • Built In 1960
Price

$1,950,000

Est Payment
$11,211 / month (details)  
Taxes
$7,843  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
25X120  
Built
1960  
Neighborhood
Little Village  
MLS
#11876743
Status
Active (7 months)

Property Description

Welcome to the perfect investment opportunity in the vibrant neighborhood of Little Village! Presenting a 10-unit multifamily building that combines the benefits of a prime location, below market rents, and recently rehabbed units. This property offers tremendous potential for both immediate cash flow and long-term growth. One of the standout features of this multifamily building is its below market rents. With rental rates lower than the prevailing market rates in the area, this property provides a unique advantage. This presents an excellent opportunity for an investor to capitalize on the potential for increased cash flow. By gradually raising the rents to market levels, you can significantly boost your monthly income and enhance the overall profitability of the investment. Located in the vibrant community of Little Village, this building is situated in an area experiencing rapid growth and development.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-05-2023 Listed at $1,950,000
Last Modified 9/11/23 12:06 AM

Nearby Transportation

  • Bus 52 0.1 mi
  • Bus 21 0.1 mi
  • Bus 60 0.4 mi
  • Bus 82 0.4 mi
  • Bus 157 0.5 mi
  • Bus 94 0.6 mi
  • Bus 18 0.6 mi
  • Bus 35 0.9 mi
  • Bus 53 0.9 mi
  • Bus 49 1.1 mi
  • Bus X49 1.1 mi
  • Bus 12 1.1 mi
  • Pink Line 0.3 mi
  • I 55 South 1.3 mi
  • I 55 North 1.4 mi
  • I 290 East 1.7 mi
  • I 290 West 1.8 mi
  • I 90 East 3.2 mi
  • I 94 East 3.2 mi
  • I 90 West 3.3 mi
  • I 94 West 3.3 mi
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