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  • $339,000

    3707 S Michigan Ave, Chicago, IL 60653

    6beds
    --sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $352,800 Zestimate®
    $--/sqft
    $1,872 Estimated rent

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    $1,872/mo

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    $1,872/mo

    Rent Zestimate®

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    $2,321/mo

    Est. payment

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    $2,321/mo

    Est. payment

    What's special

    DON'T MISS AN OPPORTUNITY TO PURCHASE A LEGAL 2-UNIT BUILDING WITH AN ADDITIONAL GARDEN UNIT IN A RED HOT AREA. EACH UPDATED UNIT IN THIS BUILDING IS RENTAL READY AND FEATURES 3 BEDROOMS AND 1 FULL BATH. LOTS OF RECENT EXTERIOR / INTERIOR IMPROVEMENTS. THE GARDEN UNIT CAN BE USED TO RENT OUT FOR ADDITIONAL INCOME OR USED FOR IN-LAW LIVING AS WELL. SEPARATE UTILITIES INCLUDING 2 CENTRAL AC UNITS EACH FOR 1ST AND 2ND FLOOR UNITS. INVESTMENT RETURN ON ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT APARTMENTS IS EXTREMELY HIGH! IT'S ALSO A LUCRATIVE BUSINESS OPPORTUNITY FOR AIRBNB. PROPERTY IS CLOSE TO THE RED LINE AND GREEN LINE, GUARANTEED RATE FIELD - CHICAGO WHITE SOX, SOLDIER FIELD - CHICAGO BEARS, MCCORMICK PLACE, SHEDD AQUARIUM, ADLER PLANETARIUM, CHINATOWN, AND ALL MAJOR BEACHES. LOW REAL ESTATE TAXES & NO HOA FEES.

    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2024 at 01:00pm

    Listing courtesy of:

    James Kolar 708-320-0002,

    HomeSmart Realty Group,

    Rachel Frenzel 312-804-2905,

    HomeSmart Realty Group

    Bought with:

    Crystal Nwaokocha

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12049861MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Full

    Property

    Features
    • Patio & porch: Porch
    Lot
    • Size: 2,208 sqft
    • Dimensions: 46X48
    Details
    • Parcel number: 17343150070000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer, Sewer-Storm
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple
    Sell for more on Zillow
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    $352,800
    2% more+$7,056
    With Zillow Showcase(estimated)$359,856