This well-maintained brick 3-unit building presents an excellent investment opportunity. Each of the spacious units boasts 4 bedrooms, 1 bath, hardwood floors, and gas forced air, ensuring comfortable living for tenants. With separate utilities, managing the property is a breeze. Currently, all units are leased to CHA tenants, generating a solid gross income of $4,412. The first and second-floor tenants are on a month-to-month arrangement, providing the flexibility for the new owner to occupy one unit while maintaining rental income from the others. The third-floor tenant is secured with a lease in place until March 2024. Don't miss out on this income-producing gem in a well-maintained condition.
Closed
$420,000
1541 S Hamlin Ave, Chicago, IL 60623
12beds
--sqft
Multi Family
Built in 1958
-- sqft lot
$497,100 Zestimate®
$--/sqft
$1,437 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 11, 2023 at 10:07am
Listing courtesy of:
Sagar Shah 847-477-1477,
YBRS Realty Inc.
Bought with:
Ainhoa Garcia Jimenez
Realty of Chicago LLC
Nancy Sanchez
Realty of Chicago LLC
Source: MRED as distributed by MLS GRID,MLS#: 11896943

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Full
Property
Lot
- Size: 4,216 sqft
- Dimensions: 34X124
Details
- Parcel number: 16231260120000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
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$497,100
2% more+ $9,942
With Zillow Showcase(estimated)
$507,042