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2619 N Mobile Avenue

Chicago, IL 60639
  • $575,000
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • MLS #: 12002765
Under Contract
UPDATED: 214 min ago
$575,000
  • 9
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Information

Elementary School:
School District:
299

Description

Attention: Investors and Owner-Occupied Buyers! Great opportunity to own this 2-flat with a finished garden unit and maximize your return! Very Large apartments! Collect rents to pay your mortgage and live for FREE! Professionally Managed. Exceptional brick building in a prime location with a 2-car garage and fenced backyard. Garage brings in additional $250 monthly income with a long-term tenant. New roof installed on both the building and garage in 2018. In-unit washer dryers hook ups. Updated plumbing. Finished 2 bedroom Garden-Unit. Large open floor plan offering a total of 9 bedrooms and 3 bathrooms. Updated back porch. Large front hallway. Great location, walking distance to the Brickyard Mall, less than a block from Riis Park which offers lots of amenities such as waterpark, soccer field, tennis courts, renovated playground, picnic areas, basketball and volleyball courts, gymnasium, and tons of other activities including summer camps for the kids. Enjoy a solid 10% cap rate, gross income of $62k+ annually, reliable and timely-paying tenants, making this property a lucrative opportunity in the Belmont-Cragin neighborhood. Act fast for a solid investment with immediate return. WON'T LAST! *****Seller is willing to assist with buyers closing costs / credits.*****

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-04-19T21:09:10.56 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2619 N Mobile Avenue Chicago, IL 60639

  • Price: $575,000
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 214 min ago
  • MLS #: 12002765
9
Beds
0
Baths
0
½ Baths
0.08
Acres
1958
Built
Neighborhood:
Chi - Belmont Cragin
County:
Cook
Area:
Chi - Belmont Cragin
Elementary School:
Burbank Elementary School
High School:
Steinmetz Academic Centre Senior
School District:
299
Property Description
Attention: Investors and Owner-Occupied Buyers! Great opportunity to own this 2-flat with a finished garden unit and maximize your return! Very Large apartments! Collect rents to pay your mortgage and live for FREE! Professionally Managed. Exceptional brick building in a prime location with a 2-car garage and fenced backyard. Garage brings in additional $250 monthly income with a long-term tenant. New roof installed on both the building and garage in 2018. In-unit washer dryers hook ups. Updated plumbing. Finished 2 bedroom Garden-Unit. Large open floor plan offering a total of 9 bedrooms and 3 bathrooms. Updated back porch. Large front hallway. Great location, walking distance to the Brickyard Mall, less than a block from Riis Park which offers lots of amenities such as waterpark, soccer field, tennis courts, renovated playground, picnic areas, basketball and volleyball courts, gymnasium, and tons of other activities including summer camps for the kids. Enjoy a solid 10% cap rate, gross income of $62k+ annually, reliable and timely-paying tenants, making this property a lucrative opportunity in the Belmont-Cragin neighborhood. Act fast for a solid investment with immediate return. WON'T LAST! *****Seller is willing to assist with buyers closing costs / credits.*****
Exterior Features

Exterior Building Type Brick Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Garage Parking Total 2 Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 9 Full Baths In Building 3 Half Baths In Building 0 Heating Natural Gas Rooms Total 18

Property Features

Age 61-70 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 6122.94 Tax Year 2022 Total Numberof Unitsin Building 3 Township Jefferson Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of In Business Real Estate: 773-342-9005.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2024-04-19T21:09:10.56 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Bloomington IL, 61704