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!
Closed
$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
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#: 11956127

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