Chicago, IL 60608 2702 W 24th Street

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Presented By: Century 21 Circle
  • MLS# 11977229
  • 02/08/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 13

Home Details

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 $73,620...potential to add value as rents are currently under market. Notice required to show...fully occupied. Well managed building!
Presented By: Century 21 Circle

Interior Features for 2702 W 24th Street

Other Interior Features

BasementUnfinished

General for 2702 W 24th Street

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Days on Market138
DirectionsSOUTH OF CERMAK ONE BLOCK EAST OF CALIFORNIA
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income73620
Insurance Expense5270
MLS AreaCHI - South Lawndale
MaintenanceExpense3400
Net Operating Income47411
NumberOfUnitsTotal6
Operating Expense24709
PossessionTenant's Rights
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount10255
Tax Year2021
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense2350
Water Sewer Expense3434
Year Built1908
ZoningMULTI

Exterior for 2702 W 24th Street

ExteriorBrick
Foundation DetailsConcrete Perimeter, Stone
Lot Dimensions25 X 125
Lot Size Acres0.07

Additional Details

Price History

Worth Clark

Price $599,900
MLS#11977229
List Date 02/08/2024
Property Type Multi-Family
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