Discover an unparalleled investment opportunity with this exceptional three-unit building in Chicago's thriving West Garfield Park neighborhood. Perfectly suited for house hacking, this property offers the rare chance to live in one unit while collecting rent from your first day of ownership, offsetting your mortgage, creating an income stream and building equity effortlessly. The building features three separate units, each with unique layouts and generous living spaces, appealing to a wide range of tenants. Significant updates have been made, including newer HVAC, kitchen appliances, refreshed bathrooms, new underground and basement plumbing and significant roof repairs. These enhancements not only increase rental appeal but also reduce immediate maintenance concerns. All units have separate gas and electric meters. This is a solid building on a brick/stone foundation. Ideal for the live in owner. 48 hour notice required due to tenants. Lot next door can be purchased from the City of Chicago's Adjacent Land Acquisition. Broker-owned interest.
Closed
$272,500
214 N Kolin Ave, Chicago, IL 60624
7beds
--sqft
Multi Family
Built in 1885
-- sqft lot
$287,100 Zestimate®
$--/sqft
$1,739 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 22, 2024 at 01:39pm
Listing courtesy of:
Amir Abed 312-939-5253,
Kale Realty
Bought with:
Maritza Ortega
Tapia Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12007096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Electric
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Site, Owned
Lot
- Size: 3,049 sqft
Details
- Parcel number: 16104120190000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
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$287,100
2% more+$5,742
With Zillow Showcase(estimated)$292,842