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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 699,900

Est. payment | -/mo

8 Beds

6 Baths

Save Virtual Tour

$ 699,900

Est. payment | -/mo

Save Virtual Tour

8 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12605934

Bedrooms 8

Year Built 1908

Annual Tax Amount $8,267

Tax Year 2024

Lot Dimensions 30 X 161

Property Sub-Type Two to Four Units

Property Description

Own a timeless piece of Washington Park with this exceptional jumbo 3-unit Graystone, ideally located just minutes from the University of Chicago and the highly anticipated Obama Presidential Center. This beautifully renovated 8-bedroom, 6-bath multi-family property was fully rehabbed in 2023, blending classic architectural charm with modern updates and strong income potential. Each expansive unit is thoughtfully designed with its own HVAC system, electric, and water heater, offering both comfort and efficiency. Updated kitchens feature stainless steel appliances including stove, refrigerator, microwave, and dishwasher, along with the convenience of in-unit washer and dryer. Contemporary finishes throughout, including private master bathrooms in every unit, elevate the living experience. Unit 1 will be delivered vacant, presenting an excellent opportunity for an owner-occupant to reduce their mortgage with rental income. Projected annual rents of $62,000 make this a compelling investment for both seasoned and first-time investors alike. Additional highlights include rear off-street parking and eligibility for FHA financing, additional cost savings for owner occupants with reduced taxes. A rare, turnkey opportunity in one of Chicago's fastest-growing communities-ideal for owner-occupants, house hackers, or savvy investors looking to secure long-term value.

Location

State IL

County Cook

Area Chi - Washington Park

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Egress Window, Full

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt,Flat

Building

Dwelling Type Two to Four Units

Building Description Aluminum Siding,Brick,Concrete, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Aluminum Siding,Brick,Concrete

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Virtual Tour https://drive.google.com/file/d/1ln_WFHgFjj9RY9RmamIOXOBCLLzgDIAr/view?usp=sharing

Listed by Nikia Evans of Keller Williams Preferred Rlty

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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5419 S Wabash AVE Chicago, IL 60615