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.
Closed
$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
Owner options
What's special
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#: 12049861

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
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$352,800
2% more+$7,056
With Zillow Showcase(estimated)$359,856