Bought with Benyamin Lalez of Compass
$550,000
$550,000
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11 Beds
3,049 Sqft Lot
SOLD DATE : 07/08/2025
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12360402
Sold Date 07/08/25
Bedrooms 11
Annual Tax Amount $1,163
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 25 X 121
Property Sub-Type Two to Four Units
Property Description
Stunning new 3-flat in Chicago's Hegewisch, steps from the upcoming 20 billion Quantum Tech Campus. This fully rebuilt property features two 3BD/2BA units and a massive 5BD/3BA duplex, each with upscale finishes, in-unit laundry, and private en suite master baths. Fully leased at 7,202/mo, delivering a cap rate of ~11.2 and a GRM of just 6.36 - a rare combo of high cash flow and long-term upside. Perfect for house hackers or savvy investors looking to lock in equity near one of the Midwest's biggest tech developments. Includes 2-car garage. Live smart, invest smarter.
Location
State IL
County Cook
Rooms
Basement Finished, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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