2702 W 24th Street Chicago, IL $ 599,900
2702 W 24th Street
$ 599,900
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2702 W 24th Street

Chicago, IL, 60608
$ 599,900
Bedrooms13 Baths0.0

Monthly Estimate*

$ 3,987

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Multi-Family Home for sale in Chicago, IL

for $599,900 with 13 bedrooms. This home was built in 1908 on a lot size of 0.07.

Very well maintained 6 unit property offers and Incredible Investment opportunity. Property consists of a Brick 4 unit with full basement on the front of the lot and a Brick 2 unit on the rear of the lot. All units have individual gas and electric meters and pay their own utilities! Front building consists of a 3 Bedroom on the 1st floor...a 2 bedroom (2nd rear) and a 1 bedroom (2nd front) plus a 4 bedroom 3rd floor. All units have GFA furnaces. Many upgrades including Kitchens/Baths/Flooring. Coin-op washer and Dryer in basement Laundry Room is used by all 6 units. Rear building consists of 2 units both 3 bedrooms with hardwood flooring on 2nd floor an individual GFA furnaces. Rear property also has updated Kitchens and Baths! Also, a large walk up attic. Ceiling fans throughout all 6 units. All appliances (2016 or newer) owned by Seller. 4 furnaces installed after 2016. Great location...walk to Pink Line! Near Millennium Park,Chinatown, Lakefront, Museum Campus, UIC and so much more the city has to offer. Current gross rental income $70,620...potential to add value as rents are currently under market. Notice required to show...fully occupied. Well managed building!

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Multi-Family Active

Price

$ 599,900

Bedrooms

13

Property Type

Multi-Family

Taxes

$ 10,255

Style

Lot Size

0.07

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11977229

Features
General
Cooling None
Possession Tenant's Rights
Zoning MULTI
Construction Materials Brick
Year Built 1908
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories 3
Township West Chicago
Tax Year 2021
Gross Income 70620
County Cook
Net Operating Income 47411
Operating Expense 24709
Insurance Expense 5270
Property Type Commercial Sale Multi Family 5+
Status Active
Directions SOUTH OF CERMAK ONE BLOCK EAST OF CALIFORNIA
City Chicago
NumberOfUnitsTotal 6
MLS Area CHI - South Lawndale
Street Name 24th
Tax Annual Amount 10255
Electric Expense 0
Fuel Expense 0
Trash Expense 2350
Water Sewer Expense 3434
Additional Parcels Y/N N
Days on Market 68
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter Stone
Lot Dimensions 25 X 125
Lot Size Acres 0.07
Exterior Brick
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Interior
Street Suffix Street
Basement Unfinished
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* Excluded Features
List By
Century 21 Circle

Broker

bill.erdman@hotmail.com

Email

Affordability Calculator

$4,842
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,987
Monthly Property Taxes
$855
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$599,900 -4.02% Price Down
2/8/2024$625,000 Listed Price

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2702 W 24th Street, Chicago, IL, 60608 is a Multi-Family Home for sale at $599,900 with a lot size of 0.07. 2702 W 24th Street has 13 bedrooms, 0.0 baths, and was built in 1908. The property's zip code is 60608 which is in Chicago, IL