bedrooms
11
bathrooms
0
square feet
0
Acreage
0.07
Open Houses
year built
2008
Full Baths
0
Half Baths
0
Rare Opportunity: Option to Assume a 2.625% FHA Mortgage & Save Thousands Annually, Live Rent FREE & Get Paid $444/Monthly to Live Here! Save $986/Month & Over $380,000 in Interest By Securing This Historically Low Interest Rate! Ideal for Owner-Occupants or Savvy Investors, Recently Renovated in 2018, This Fully Occupied Brick 3-Unit Building Generates Strong Cash Flow! This Cash Flow King is the Rent Hack of All Rent Hacks - Have Existing Tenants Cover Mortgage, Taxes & Insurance and Live Rent Free! Only a Handful of Multi-Units in All of Illinois Qualify for an Interest Rate This Good! At Nearly 4,000 sq ft This True Triplex Boasts Two Spacious Units w/ 4 Beds | 2 Full Baths & One Unit w/ 3 Beds | 2 Full Baths! Well Maintained Building Includes Newer First Floor Water Heater, Windows & 3 Parking Spaces at the Rear of the Building! Conveniently Located Across From the Brand New 79th Street Metra Station & Mere Blocks Away From Lake Shore Drive, Transportation is Easily Accessible! A Short Distance From Several Major Economic Developments Unfolding in the Area! Don't Miss Out on This Opportunity to Invest in a Thriving Market! Tenants Pay Electric, Gas & Heat! Unit #1 Rented for $1150. Unit #2 Rented for $1,290. Unit #3 Rented for $1,320. Rents are Artificially Low for the Area. All Tenants are Month to Month! You Can Acquire This Building for $0 Down, a Cap Rate of 10.66% & Potential Cash-on-Cash Return of Over 360%!
Location | |
Subdivision | - |
County | Cook |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Apr
26
Saturday
11AM
— 2PM
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 12337443
Listing agent:
Ryan Widerberg
#475121545
Listing broker:
Exp Realty, Llc
(888) 574-9405
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, April 19 2025 at 5:05 p.m. EDT
Kotohomes National