For Sale

Listed by Danica Matos

Source: Midwest Real Estate Data, LLC #12740698

8010 S Phillips Ave, Chicago, IL, 60617

$489,000

9
7
3

MultiFam

•

1 day on the market

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About this property

TURNKEY + VALUE-ADD opportunity in South Shore! This LEGAL 4-UNIT offers a rare combination of immediate rental potential and room to create additional income. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals and are VACANT and ready to lease at current market rents-allowing the next owner to select their own tenants and build their rent roll from day one. The legal 4th garden unit is a 1-bedroom, 1-bath and offers the opportunity to complete the remaining improvements and unlock even more rental income. Even better, the three completed units are positioned to support the property's overhead while the final unit is completed. A 3-car garage and the opportunity for additional income through garage parking and coin laundry in basement common area. An excellent opportunity for an investor or owner-occupant looking for a renovated multi-unit with multiple income streams and additional upside. Sold as-is

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