3012 W Warren BLVD new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60612
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $206
MLS Listing ID 12343721
Year Built 1925
Annual Tax Amount $8,680
Tax Year 2023
Lot Dimensions .06
Property Sub-Type Multi Family 5+
Property Description
This classic Chicago brick building offers a blend of historic charm and modern updates, making it an attractive investment with significant upside potential. The property features a diverse unit mix, including spacious one- and two-bedroom apartments, along with a legally recognized studio garden unit. With annual gross rental income below market value, investors have a unique opportunity to capitalize on immediate income growth. Each unit boasts generous floor plans with ample natural light, while the building itself offers a range of conveniences, including secure entry, shared outdoor space, and on-site laundry facilities. On-street parking is readily available, and there is room for additional enhancements to further increase the property's appeal. By updating interiors with modern finishes, stainless steel appliances, and upgraded flooring, investors can attract higher-paying tenants and maximize rental income.
Location
State IL
County Cook
Area Chi - East Garfield Park
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3