1526 W 89th ST, Chicago, IL 60620
1526 W 89th ST, Chicago, IL 60620
1526 W 89th ST, Chicago, IL 60620
22
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$525,000
Est. payment /mo
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3,994 SqFt
New

1526 W 89th ST Chicago, IL 60620

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,994 sqft

Price per Sqft $131

MLS Listing ID 12691638

Maintenance Fees $7,928

Year Built 1929

Annual Tax Amount $5,288

Tax Year 2024

Lot Dimensions 30 x 135

Property Sub-Type Multi Family 5+

Property Description

Exceptional cash-flow opportunity in Chicago's Auburn Gresham neighborhood! This solid five-unit brick building features an attractive unit mix of two spacious 2-bedroom apartments and three generously sized 1-bedroom apartments, providing a diversified rental income stream. Several units have been updated with recent renovations, offering immediate rental appeal while presenting additional value-add potential through future improvements and rent optimization. The property is heated by a newer, central boiler system, helping to simplify maintenance and operating expenses. Water heater and electric meters have also been updated. Conveniently located within walking distance of a Metra station, multiple bus lines and grocery stores, the building offers excellent commuter access, supporting strong tenant demand and occupancy. Rent roll and expenses are available upon request for qualified buyers. One unit is currently vacant. No representations are made regarding the legality of garden unit.

Location

State IL

County Cook

Area Chi - Auburn Gresham

Rooms

Basement Partially Finished

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Jason Powell of  Sound Realty, LLC 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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1526 W 89th ST