ClosedPrice Reduced

$400,000

$415,000
836 Keeler Avenue, Chicago, IL 60651
10 Beds5 Baths154 days
836 Keeler Avenue·Chicago, IL 60651
10Bedrooms
5Bathrooms
1897Year Built
About This Home

Welcome to this exceptional investment opportunity! This meticulously maintained 3-unit building offers a prime arrangement for both investors seeking strong rental income and homeowners desiring supplemental revenue. The first-floor duplex boasts a generous layout featuring 4 bedrooms, 2 full baths, a convenient laundry room, and ample storage space, providing a comfortable dwelling for its occupants. Currently leased to a CHA tenant at $1,389 per month, this unit assures steady rental income. Ascending to the second floor, discover a charming 2-bedroom, 1-bath unit with a finished attic presenting a private entrance and an additional bathroom. Currently rented to a CHA tenant for $1,103 per month, the attic's separate entry offers a unique opportunity for increased rental yield. Both units enchant with hardwood floors and enclosed porches, enhancing their appeal and value. Nestled at the rear of the property stands a detached coach house, offering 2 bedrooms, 1 bath, and laundry facilities, presently leased for $1,100 per month. Each unit is currently on a month-to-month lease, providing flexibility for future plans. Noteworthy updates include new air condensers installed in all 3 units in 2018, ensuring efficient climate control. The coach house received a comprehensive renovation in 2018, featuring all-new hardwood floors, granite countertops, updated doors, bathrooms, and fresh paint. Additionally, new insulation was added in the coach house in 2020, enhancing energy efficiency. A recent upgrade, completed in November 2023, includes a new drain tile system with a lifetime transferable warranty, guaranteeing peace of mind for the property's structural integrity. Whether you opt to retain all tenants, securing a lucrative investment, or choose to occupy one of the units as a homeowner while benefiting from the rental income of the remaining units, this property offers versatility and financial opportunity. Take advantage of this chance to own a well-maintained property with a history of updates, strong rental income, and potential for increased returns. Schedule a viewing today!

MLS# 11956127Listed January 4, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms10
Total Bathrooms5
Total Rooms17

Size & Structure

Year Built1897
Lot Size0.070 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60651

Financial

List Price$400,000
Original Price$415,000
Annual Taxes (2022)$7,610
Monthly Tax Est.$634
Parcel #16034270210000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Aluminum Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
Tax & Financial
Annual Taxes
$7,610
Tax Year 2022
Monthly Tax Est.
$634
per month
Price Reduced by $15,000
Original list price: $415,000
Property Location

836 Keeler Avenue, Chicago, IL 60651Cook County

$400,000
836 Keeler Avenue
10 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
154 days on market
0.070 acres
$7,610/yr taxes
Price reduced $15,000
$2,736
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$634/mo
$400,000
20% — $80,000
3%50%
6.875%
3%12%
Loan Amount
$320,000
Down Payment
$80,000

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

Listed by
YBRS Realty Inc.
Agent: Sagar Shah
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