Description
This well-kept four-unit brick turnkey performer in West Pullman offers fresh appeal for both owner-occupants and investors. All units received full renovations in 2023, delivering modern two-bedroom, one-bath layouts with white shaker cabinets, quartz counters, and all new appliances. Three units currently rent for a combined $3,400 monthly gross income, with tenants handling heat, electric, and gas. The fourth unit remains vacant, ideal for an owner-occupant to move in and ofset costs with rental income from the others, or to lease for stronger cash flow. The setup fully rented delivers a solid 10 cap rate on today's numbers, and with local two-bedroom rents averaging around $1,400-$1,550 recently, there's clear potential to increase as leases renew. On-site coin laundry provides steady extra income with minimal effort. With Metra access, nearby parks and the upcoming addition of a Hampton by Hilton hotel to local anchors, Chik-Fil-A, Gotham Greens, Method, Amazon and other national chains, West Pullman offers a mix of affordability and upside with ongoing interest and rising values.
Details
| MLS # | 12733362 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 49 |
| Listing Provided By | North Clybourn Group, Inc. | Chandra Shealey |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Zoning | MULTI |
Interior
| Rooms Total | 16 |
|---|---|
| Heating | Electric |
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2658.99 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60628 |
| Area | CHI West Pullman |
| Listing VS Median (in 60628) | |
Price: $350,000 low | high Med: $165,000 On site: 49 low | high Med: 8 | |
Market Activity 60628
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60628 |
| Area | CHI West Pullman |
| Listing VS Median (in 60628) | |
Price: $350,000 low | high Med: $165,000 On site: 49 low | high Med: 8 | |
