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  • $400,000

    836 N Keeler Ave, Chicago, IL 60651

    9beds
    --sqft
    Multi Family
    Built in 1897
    -- sqft lot
    $415,500 Zestimate®
    $--/sqft
    $1,875 Estimated rent

    What's special

    Welcome to this exceptional investment opportunity! This meticulously maintained 3-unit building offers a prime arrangement for both investors seeking strong rental income and homeowners desiring supplemental revenue. The first-floor duplex boasts a generous layout featuring 4 bedrooms, 2 full baths, a convenient laundry room, and ample storage space, providing a comfortable dwelling for its occupants. Currently leased to a CHA tenant at $1,389 per month, this unit assures steady rental income. Ascending to the second floor, discover a charming 2-bedroom, 1-bath unit with a finished attic presenting a private entrance and an additional bathroom. Currently rented to a CHA tenant for $1,103 per month, the attic's separate entry offers a unique opportunity for increased rental yield. Both units enchant with hardwood floors and enclosed porches, enhancing their appeal and value. Nestled at the rear of the property stands a detached coach house, offering 2 bedrooms, 1 bath, and laundry facilities, presently leased for $1,100 per month. Each unit is currently on a month-to-month lease, providing flexibility for future plans. Noteworthy updates include new air condensers installed in all 3 units in 2018, ensuring efficient climate control. The coach house received a comprehensive renovation in 2018, featuring all-new hardwood floors, granite countertops, updated doors, bathrooms, and fresh paint. Additionally, new insulation was added in the coach house in 2020, enhancing energy efficiency. A recent upgrade, completed in November 2023, includes a new drain tile system with a lifetime transferable warranty, guaranteeing peace of mind for the property's structural integrity. Whether you opt to retain all tenants, securing a lucrative investment, or choose to occupy one of the units as a homeowner while benefiting from the rental income of the remaining units, this property offers versatility and financial opportunity. Take advantage of this chance to own a well-maintained property with a history of updates, strong rental income, and potential for increased returns. Schedule a viewing today!

    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2024 at 12:02pm

    Listing courtesy of:

    Sagar Shah 847-477-1477,

    YBRS Realty Inc.

    Bought with:

    Melanie Miller

    Keller Williams ONEChicago

    Source: MRED as distributed by MLS GRID,MLS#: 11956127MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Full

    Property

    Lot
    • Size: 3,049 sqft
    • Dimensions: 25X125
    Details
    • Parcel number: 16034270210000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1897
    • Major remodel year: 1900

    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
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $415,500
    2% more+ $8,310
    With Zillow Showcase(estimated)
    $423,810