This beautifully remodeled 3-flat offers a rare opportunity for both investors and owner-occupants. Enjoy a nearly unheard of 15 cap-rate with this "cash cow". The spacious second-floor owner's unit features five bedrooms, two bathrooms, and soaring ceilings with fans, creating an open and airy feel. An unfinished attic above presents the potential to create a massive duplex-up, adding even more living space. The home has been updated with modern electrical systems for peace of mind. On the first floor, two income-producing units are already rented, generating steady cash flow. A large 2.5 car garage for parking and storage. Located just blocks from the proposed Quantum Computing Research Park, this property is perfectly positioned for future appreciation. Whether you're looking for a strong investment or a home with rental income, this is an opportunity you won't want to miss!
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Public
Sewer Public Sewer
Additional Information
Parking
2 Garage Spaces, On Site, Detached, Garage
Schools
District 299
Payment Calculator
Listing History
03-10-2025
Listed at $399,000
03-19-2025
Status changed to Under Contract
03-25-2025
Status changed to Active
04-08-2025
Price decreased by $5,000 to $394,000
04-14-2025
Price decreased by $5,000 to $389,000
05-14-2025
Status changed to Under Contract
05-17-2025
Status changed to Active
05-20-2025
Status changed to Cancelled
Last Modified 5/20/25 8:32 AM
Nearby Transportation
Bus 26
0.1 mi
Bus 71
0.1 mi
Bus 95
0.1 mi
Bus 5
0.1 mi
Bus 87
0.4 mi
Bus 6
0.6 mi
Bus 79
0.6 mi
Bus 30
0.9 mi
Metra Electric
0.3 mi
I 90 West
1.1 mi
I 90 East
1.5 mi
I 94 West
3.0 mi
I 90 East
3.1 mi
I 94 East
3.2 mi
Hwy 57
4.6 mi
Broker Reciprocity
Listing provided by Luke Townsend
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.