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Listed by Emeka Ohamaof HomeSmart Connect LLC
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Est. payment /mo
Price Dropped by $9K
1536 W 70th ST Chicago, IL 60636
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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12703895
Year Built 1917
Annual Tax Amount $6,429
Tax Year 2025
Lot Dimensions 121X32
Property Sub-Type Multi Family 5+
Property Description
Exceptional investment opportunity in West Englewood! This fully occupied 6-unit brick building offers immediate rental income and strong long-term investment potential. The property features a desirable unit mix of TWO spacious 3-bedroom apartments and FOUR well-maintained 2-bedroom apartments. Each unit is equipped with forced-air heating, and the full unfinished basement provides excellent potential for additional storage or future improvements. An added advantage is the adjacent side lot offering exceptional redevelopment potential. The addition lot may provide the opportunity to build townhomes, another residential building or expand the existing property, making this an attractive option for investors looking to maximize future value. Whether you're expanding your portfolio or acquiring a solid income-producing asset, this property is a must-see. Conveniently located near public transportation, parks, schools, and neighborhood amenities. Property is being sold As-Is.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete
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