124 Menard Avenue, Austin, Chicago, Illinois 60644
$495,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1964 |
| Property Taxes: | $2,674 |
| Days On Market: | 893 |
| Lot Size: | 0,07 |
Description
This investment opportunity presents a well-maintained all-brick 4-flat building generating $60k in annual rental income from Section-8 tenants. Each of the four 2-bedroom, 1-bathroom units includes a separate basement for tenant storage and washer/dryer hookups. With low property taxes and tenants responsible for utilities, the property offers immediate returns and long-term growth potential. It's turnkey, suitable for investors at any experience level. FHA loan potential for owner occupied investor with 3.5% down payment.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1964 | |
| — | |
| Brick | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 12061071 | |
| 16084140360000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 2 Jul, 2021 | Sold | $277,500 | MRED MLS |
| 15 Jun, 2021 | Under contract | $287,500 | MRED MLS |
| 3 Jun, 2021 | Listed for sale | $287,500 | MRED MLS |
| 25 Oct, 2024 | Sold | $495,000 | MRED MLS |
| 12 Aug, 2024 | Under contract | $499,000 | MRED MLS |
| — | Last price change | $509,000 | MRED MLS |
| 20 May, 2024 | Listed for sale | $509,000 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —Full Bathrooms: 4
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —Rooms: —
Other Specifics
| — | |
| — | |
| Space/s | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 3205 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $4,289 |
| 2024 | $2,674 |
Contact Agent
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Contact Agent
Listing Provided By
Exit Strategy Realty
