Closed

$450,000

1256 Lockwood Avenue, Chicago, IL 60651
11 days
1256 Lockwood Avenue·Chicago, IL 60651
1922Year Built
About This Home

Welcome to an exceptional investment opportunity in the heart of Chicago's vibrant Austin neighborhood! This well-maintained, solid brick building boasts six units, offering a mix of two spacious two-bedroom apartments and four cozy one-bedroom residences. Embraced by the charm of hardwood floors throughout, each unit showcases the perfect blend of modern comfort and classic appeal. The property has undergone extensive upgrades, featuring brand-new plumbing and electrical systems, ensuring efficiency and convenience for all tenants. The roof, a vital component of any property, received a comprehensive renovation just six years ago, adding to the value and peace of mind for future ownership. Additionally, each unit is equipped with its own furnace and water heater, providing autonomy and ease of maintenance. Positioned as an excellent investment opportunity, this property presents a compelling prospect for both seasoned investors and those entering the rental market. With its prime location in the ever-evolving Austin neighborhood, this building promises great rental potential and steady income. Don't miss this chance to own a property that combines reliability, modern amenities, and a prime location, making it an outstanding addition to any investment portfolio. Schedule a viewing today to explore the lucrative possibilities this property offers!

MLS# 11936933Listed November 27, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1922
Lot Size3842

Location

CountyCook
Zip Code60651

Financial

List Price$450,000
Annual Taxes (2021)$5,631
Monthly Tax Est.$469
Parcel #16041270340000
Interior Features

Cooling

None
Tax & Financial
Annual Taxes
$5,631
Tax Year 2021
Monthly Tax Est.
$469
per month
Property Location

1256 Lockwood Avenue, Chicago, IL 60651Cook County

$450,000
1256 Lockwood Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
11 days on market
3842
$5,631/yr taxes
$2,834
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$469/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Realty of Chicago LLC
Agent: Jose Vazquez
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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