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$399,000
Est. payment /mo
8 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12290831
Bedrooms 8
Year Built 1916
Annual Tax Amount $5,078
Tax Year 2023
Lot Dimensions 29 X 112
Property Sub-Type Two to Four Units
Property Description
Prime investment opportunity in Chicago's rapidly appreciating West Humboldt Park neighborhood. 3714 W Ferdinand Ave is a professionally managed brick 2-flat with a non-conforming garden unit, offering a strong unit mix of (2) spacious 3-bed/1-bath units and (1) 2-bed/1-bath unit. The good-sized units provide comfortable living spaces, and Units 1 and 2 have seen modern updates to kitchens and baths, including new cabinets, fixtures, and fresh paint, enhancing tenant appeal. The property has continually increased rents and has more potential for growth, and includes a 2-car garage for additional convenience. Perfect for an investor or owner-occupant looking for a well-maintained property with income potential. Seller is motivated and negotiable.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Full, Daylight
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N true
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Christian Van Dinther • Essex 312, LLC