Description
Excellent investment opportunity in a rapidly growing community! This 2-flat sits on a prime corner lot that includes an adjacent oversized parcel, offering significant potential for future development or expansion. Currently, both units are fully occupied by long-term tenants at below-market rates, with the first-floor unit providing steady income through Section 8. The neighborhood is experiencing a positive transformation, with new construction and homes priced over $300,000 within walking distance. While the property needs some TLC and updates to reach its full potential, it is competitively priced for a quick sale. Whether you are an investor looking to capitalize on an up-and-coming area or a buyer seeking a live-in investment opportunity, this property is a great buy. Sold in AS-IS condition.
Details
| MLS # | 12727513 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 93 |
| Listing Provided By | Real People Realty | Deborah McGowan |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 3129.00 |
Interior
| Rooms Total | 4 |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Aluminum Siding |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 4226 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Phoenix |
| Zip Code | 60426 |
| Area | Phoenix |
| Listing VS Median (in 60426) | |
Price: $125,000 low | high Med: $159,450 On site: 93 low | high Med: 3.5 | |
Market Activity 60426
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Phoenix |
| Zip Code | 60426 |
| Area | Phoenix |
| Listing VS Median (in 60426) | |
Price: $125,000 low | high Med: $159,450 On site: 93 low | high Med: 3.5 | |
