Chicago Ridge, IL 60415 10537 Austin Avenue

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Presented By: Keller Williams Preferred Rlty
  • MLS# 12176228
  • 10/10/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Baths • 2
  • SQFT • 2,400
  • Garage • 2

Home Details

Calling all investors looking for a turnkey rental property! Beautifully rehabbed all-brick 2-flat with 2.5 car garage and full basement (for a possible third unit for extra cash flow) now available in Chicago Ridge! The recently remodeled, spacious units both feature three bedrooms, beautiful refinished hardwood floors, modern high-end kitchens and bathrooms equipped with upgrades such as quartz countertops, new stainless steel appliances, and soft-close shaker-style cabinets. The entire building has new energy-efficient windows, and each unit also includes its own separate furnace and AC unit, delivered via forced air, along with brand-new hot water tanks, and updated copper plumbing throughout. Additionally, all utilities are metered separately for easy management, and a third electrical meter is present when you decide to finish a third basement unit. Property also includes a detached 2.5-car brick garage and a new brick paver walkway leading out to a spacious backyard. The huge backyard your tenants will love is perfect for BBQs or quality time together with the family. Use the rental income of one unit to subsidize a portion of your mortgage on the second unit while you live there, or finish out the basement as a legal third unit and maximize cash flow from your new investment property! Coin operated washer and dryer located in basement for increased revenue potential. Potential to rent garage for even greater cash flow. Both three-bedroom units are currently leased with excellent tenants. Schedule your showing today!
Presented By: Keller Williams Preferred Rlty

Interior Features for 10537 Austin Avenue

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building2
Half Baths Building
Total Baths2

Other Interior Features

BasementFull
BasementUnfinished
Total Number of Units2

General for 10537 Austin Avenue

CityChicago Ridge
CountyCook
DirectionsCentral to pleasant blvd west to menard ave then north to austin
Electric Expense35
Elementary School District127.5
Fuel Expense
Garage Spaces2.5
Gross Income43200
HeatingNatural Gas, Forced Air
High School District218
Insurance Expense185
MLS AreaChicago Ridge
MaintenanceExpense
Middle/Junior School District127.5
Net Operating Income30000
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount10054
Tax Year2023
Total Rooms12
TownshipWorth
Trash Expense33
Water Sewer Expense33
Waterfront Y/NNo
Year Built1958

Exterior for 10537 Austin Avenue

ExteriorBrick
Foundation DetailsConcrete Perimeter
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions10, 927
Other EquipmentSump Pump
Total Parking2.5
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $479,900
MLS#12176228
List Date 10/10/2024
Property Type Multi-Family
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