This property is a buyer's dream with a fully renovated interior, including a modern kitchen with new cabinets, elegant tiling in the kitchen and bathroom, fresh paint in both units, and new windows in Unit 2. Both apartments are bright and spacious, with Unit 2, a three-bedroom apartment, capable of renting for at least $2,200 monthly, plus an additional $125 from the garage space, totaling $2,325 in potential income. Unit 2 is also Airbnb-ready, having previously rented for $125 per night, with all furniture available for purchase to launch your short-term rental business. Unit 1 is already rented for $1,800, contributing to a total building income that nets approximately $500 per month after mortgage and expenses (gas, sewer, and water). Additional perks include newly reconstructed bricks on the top left side of the house (completed in late 2023), and security features like cameras and electric door locks, which can be retained for a negotiable price. The basement is 7 foot tall, framed, has its own electrical box and plumbing and ready for you to install a 3rd unit for rent at a minimum of $1500. The basement laundry machine also provides extra income. This turnkey property offers excellent returns and convenience for both homeowners and investors.

Courtesy Of: Circle One Realty

Directions

For those in the neighborhood, the property is located 2 blocks from the intersection of Highland avenue and Cermak road. If coming from Chicago, follow on the I-290W and take exit 23A. Continue on South Austin Blvd. Turn right on Cermak road. Turn right on on Harvey avenue and take the side road to the left. The next street is Highland Avenue. It is a one-way street so you would need to go around through the alley way to come to the front of the house.

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