Chicago, IL 60608 2714 W 24TH Place

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Presented By: @properties Christie's International Real Estate
  • MLS# 12048561
  • 05/14/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 9

Home Details

Introducing a promising 5-unit building with a variety of living configurations. The property comprises the following: 1F - 1-bedroom unit, 1R - 2-bedroom unit, 2F - 1-bedroom unit, 2R 2-bedroom, and 3 - a spacious 3-bedroom unit with central AC on the third floor. Residents benefit from convenient coin-operated laundry facilities located in the basement. There is also 3 additional storage spaces in the basement that tenants can rent out, and space for at least 4 cars to park in the rear of the property. With separate gas and electric utility meters for each unit and low property taxes, this investment offers financial stability and ease of management. All units are currently occupied by carefully screened, reliable tenants, ensuring a consistent income stream for investors. This is an excellent opportunity for investors seeking a solid return on investment. Schedule a viewing today to explore the potential of this property!
Presented By: @properties Christie's International Real Estate

Interior Features for 2714 W 24TH Place

Other Interior Features

BasementPartially Finished
Street SuffixPlace
Total Fireplaces

General for 2714 W 24TH Place

Additional Parcels Y/NNo
CityChicago
CountyCook
Current UseMulti-Family
Days on Market5
DirectionsCERMAK TO WASHTENAW, SOUTH TO 24TH PLACE, WEST TO ADDRESS
ElectricCircuit Breakers, Separate Meters
Electric Expense550
Fuel Expense929
Gross Income59100
Insurance Expense3593
Lot Size Square Feet
MLS AreaCHI - South Lawndale
MaintenanceExpense
Net Operating Income49166
NumberOfUnitsTotal5
Operating Expense11134
PossessionClosing
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive
StatusActive
Stories3
Street Name24TH
Tax Annual Amount6787.3
Tax Year2022
Tenant PaysElectricity, Heat
TownshipWest Chicago
Trash Expense2172
UtilitiesSanitary Sewer, Water-Municipal
Virtual TourClick here
Water Sewer Expense3271
Year Built1902
ZoningMULTI

Exterior for 2714 W 24TH Place

ExteriorBrick
Foundation DetailsBrick/Mortar
Frontage TypeCity Street
Lot Dimensions25X125
Lot Size Acres0

Additional Details

Price History

Worth Clark

Price $550,000
MLS#12048561
List Date 05/14/2024
Property Type Multi-Family
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