Brian Littrel
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Excellent investment opportunity in Chicago's East Garfield Park neighborhood! This three-unit property offers strong income-producing potential with extensive improvements throughout, including updated plumbing and electrical systems, new flooring, updated tile, fresh paint, newer boilers, and a newer furnace. Two of the three units have been recently renovated, while the third is currently tenant-occupied, providing an opportunity for immediate rental income. The property features an enclosed metal fence and convenient access to major expressways, public transportation, and downtown Chicago. All three units offer potential for participation in the Housing Choice Voucher program, subject to applicable program requirements and approvals. Investors may also explore the possibility of converting the property into three individual condominium units, subject to municipal approvals and applicable legal requirements. Whether you're looking to expand your rental portfolio or explore future investment opportunities, this well-located three-flat offers flexibility and long-term potential. Schedule your showing today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 7
Bathrooms: 3
County: Cook
Listed By:
Realty of America
708-788-1900
MRED MLS
MLS ID: 12795866
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331 S Richmond Street, Chicago, IL 60612.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $575,000 | $575,000 | $575,000 |
| Down Payment | $115,000 | $20,125 | $143,750 |
| Monthly Mortgage Amount | $3,022 | $3,709 | $3,698 |
| Taxes | $800 | $800 | $800 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $253 | $0 |
| Monthly Estimated Total | $3,990 | $4,930 | $4,666 |
Brian Littrel
REALTOR®
E Pro, SRES, ABR
Cell: (563) 260-6438
Other: (563) 263-5792
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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