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$199,000
216 N Kilbourn Ave, Chicago, IL 60624
Open House:
5 Beds
3 Baths
n/a sqft

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***Building will be delivered vacant at closing, tenants are moving*** Welcome to Chicago's West Garfield Park neighborhood! This Brick 2-Flat is priced well, cash flowing and has plenty of upside! 2nd floor unit has a private balcony! Both units are being rented below market value and the tenants are month to month. Full unfinished walkout basement with 8ft+ ceilings + full bathroom (garden unit potential)! If you are looking to house-hack you can live for free by finishing the basement - the rent from the other two units will pay for your mortgage and expenses! Creating a garden apartment is a great project for an FHA 203k buyer! Equity and cash flow upside! Updated 2-Flat properties within a square mile sold for an average of $329,000 within the past 6 months! The average rent for 2-bedroom apartments within a mile is $1,100+ per month and the average rent for an updated 3-bedroom apartment is $1,300+ per month! 2-car garage! Excellent location, approximately 15 minutes away from Downtown Chicago! Located on a quite block! Property is being sold as is. Priced to sell so please act swiftly! Property is being shown 1 day per week for 30 minutes every Wednesday starting September 22nd from 11:00am - 11:30am. The owner does not want to disturb the tenants excessively with daily showings at various times.
  • Price:
  • $199,000
  • Bedrooms:
  • 5
  • Acreage:
  • 0.08
  • Year Built:
  • 1915
  • Listing ID #:
  • MRD11159710
  • Street Address:
  • 216 N Kilbourn Ave
  • City:
  • Chicago
  • State:
  • Illinois
  • Postal Code:
  • 60624
  • County:
  • Cook
  • Community:
  • West Garfield Park
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Two to Four Units
  • Age Of Dwelling:
  • 100+ Years
  • Basement Description:
  • Unfinished, Walk-Up Access
  • Exterior Description:
  • Brick
  • Exterior Features:
  • Balcony
  • Stories:
  • 2 Flat
  • Year Built:
  • 1915
  • Conforms To Zoning:
  • Multi
  • Lot Size:
  • Less Than .25 Acre
  • Community Features:
  • Sidewalks
  • Contingency Type:
  • Attorney/Inspection
  • Days On Market:
  • 72
  • Originating Mls:
  • Mred
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $2,870
  • Tax Year:
  • 2019
  • Total Rooms:
  • 11
  • Garage Capacity:
  • 2
  • Garage Description:
  • Detached
  • Garage Parking Spaces:
  • 2
  • Existing Water:
  • Lake Michigan, Public
  • Heating:
  • Natural Gas, Forced Air
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Straight-A Realty
  • ILMRED

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