Chicago, IL 60644 124 N Menard Avenue
$499,000
7 more
Presented By: Exit Strategy Realty
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 8
Baths • 4
Home Details
This investment opportunity presents a well-maintained all-brick 4-flat building generating $60k in annual rental income from Section-8 tenants. Each of the four 2-bedroom, 1-bathroom units includes a separate basement for tenant storage and washer/dryer hookups. With low property taxes and tenants responsible for utilities, the property offers immediate returns and long-term growth potential. It's turnkey, suitable for investors at any experience level. FHA loan potential for owner occupied investor with 3.5% down payment.
Presented By: Exit Strategy Realty
Interior Features for 124 N Menard Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
BathroomSoaking Tub
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementFull
BasementUnfinished
Total Number of Units4
General for 124 N Menard Avenue
CityChicago
Community FeaturesStreet Lights, Street Paved
ContingencyAttorney/Inspection
CountyCook
Days on Market92
DirectionsN Menard Ave between W Washington Blvd and W West End Ave
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - Austin
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount2673.65
Tax Year2022
Total Rooms16
TownshipWest Chicago
Waterfront Y/NNo
Year Built1964
Exterior for 124 N Menard Avenue
ExteriorBrick
Lot Dimensions3205
Lot Size Acres0.07
Total Parking2
Water SourceLake Michigan
Additional Details
Price History
