Chicago, IL 60637 314 E 70th Street

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Presented By: 1804 Realty Group LLC
  • MLS# 12130777
  • 08/06/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 7
  • Baths • 2

Home Details

Turn Key Investor Special in the Woodlawn/Park Manor 60637 area close to the University of Chicago and the Obama Library. This huge brick 2 unit building consist of a 4 bedroom first floor apartment with rear enclosed porch and laundry hook up; and a 3 bedroom second floor apartment with a pantry. Both units were remodeled in 2023 with newer appliances. Units are fully leased out with Section 8 tenants; tenants pay their own electricity and heat. Sit back, collect rent, and earn 10% annual return on your money while watching the area continue to appreciate in value. This property is perfect for the 1st time investor or an out of state investor looking to enter the hot 60637 neighborhood.
Presented By: 1804 Realty Group LLC

Interior Features for 314 E 70th Street

Bedrooms

Bedrooms Possible7
Total Bedrooms7

Bathrooms

Full Baths Building2
Half Baths Building
Total Baths2

Other Interior Features

BasementFull
BasementUnfinished
Total Number of Units2

Other Rooms

Room TypeEnclosed Porch

General for 314 E 70th Street

CityChicago
CountyCook
Days on Market14
Directions71st St to MLK Drive -- N to 70th St - W to property
Elementary School District299
Gross Income36468
HeatingNatural Gas
High School District299
Insurance Expense1144
MLS AreaCHI - Greater Grand Crossing
Middle/Junior School District299
Net Operating Income27978
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2881
Tax Year2023
Total Rooms13
TownshipHyde Park
Water Sewer Expense1548
Waterfront Y/NNo
Year Built1915

Exterior for 314 E 70th Street

ExteriorBrick
Lot Dimensions128 X 30
Total Parking0
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $274,900
MLS#12130777
List Date 08/06/2024
Property Type Multi-Family
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