Check out this frame 2 unit in Belmont Cragin area of Chicago IL. Only $145,000. Retail Value $250,000. Property is a 2 unit with illegal basement and attic unit.
City is making owner remove the units in the basement and attic. Property is being sold subject to violations on the property. 1st floor unit is 3 bed 1 bath, 2nd floor unit is 3 bed 1 bath.
Collect up to 1200 per unit 2400 per month and $28,800 per year. Sold comparables in Belmont Cragin sold for average $250,000.
Check out this Cash Flowing brick 2 units with high equity in Chicago, IL. Fully occupied with $2,400 in rent monthly.
Don't let this deal get out of your hands
Drive by without disturbing tenants, or call/email to schedule a full walk through.
Sold comps are within .5 miles from the subject property and have been sold within the last 12 months.
Here are some 2 Units Comps:
- 2109 N LAWLER Ave, Chicago, IL 60639 - Sold for $285K on 04/2016
- 1927 N Leamington Ave, Chicago, IL 60639 - Sold for $235K on 03/2016
- 2133 N LARAMIE Ave, Chicago, IL 60639 - Sold for $230K on 08/2015
- 2344 N LARAMIE Ave, Chicago, IL 60639 - Sold for $240K on 03/2016