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2916 W 25th Place Chicago, IL 60623 Multi Unit - Multiple Active

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Description

Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Essex 312, LLC 773-305-4858
MRED MLS
$489,000
Est. $3,169/mo
Active
BEDS0 BATHS MLS#12534074
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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2916 W 25th Place, Chicago, IL 60623.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $489,000$489,000$489,000
Down Payment $97,800$17,115$122,250
Monthly Mortgage Amount $2,345$2,879$2,997
Taxes $681$681$681
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$215$0
Monthly Estimated Total $3,169$3,918$3,821

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