Cook, US
Solid investment opportunity with strong in-place cash flow and upside potential. Legal 4-unit building with the ability to convert to a 6-unit by completing the basement studios. Currently generating approximately $4,000/month in gross income, with additional upside once the vacant unit is rented and basement units are completed. All leases include a 30-day vacancy clause upon sale. Major CapEx items have already been completed; remaining work is primarily cosmetic. Property features separate, newer high-efficiency furnaces and hot water heaters for each unit, separate electric panels and gas meters, newer windows, and a roof and gutters approximately 2 years old. Laundry located in the basement. Configuration consists of 1 bed / 1 bath units. Five units are currently occupied: Ideal value-add opportunity for investors seeking stable cash flow with future upside.
Courtesy Of: RE/MAX Mi Casa
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 12/31/2025
Interior Features
- Bedrooms Possible:
- 4
- Rooms Total:
- 12
Exterior Features and Amenities
- Lot Size Dimensions:
- 34 X 125
- Parking Total:
- 4
Financial
- Days On Market:
- 10
- Tax Annual Amount:
- $10,753.00
- Tax Year:
- 2022
Other Features
- Elementary School District:
- 152
- High School District:
- 154
- Middle Or Junior School District:
- 167
- Age:
- 61-70 Years
Directions
South Halsted N or S to 148th... East to address... Unit is on the South side of the street.
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Data last updated: 2026-01-11.
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