$189,500
Excellent opportunity to add a strong income-producing 2-unit property to your investment portfolio. Conveniently located near a major shopping center, schools, CTA bus routes, Chicago State University, and the fire department. With a projected cap rate exceeding 16%, this property offers impressive potential returns. The garden-level unit features 2 bedrooms and 1 bath, with recent improvements including updated plumbing, fresh paint, new flooring, and updated bathroom fixtures. The upper duplex unit offers 4 bedrooms and 1.1 baths and has been upgraded with newer plumbing, electrical, flooring, windows, and fixtures. Both units are well maintained and in very good condition. The lower unit is currently tenant-occupied, while the upper duplex is vacant and ready for a new tenant or owner-occupant. Initial showing appointments will allow just the viewing of the upper level duplex. With further interest, the occupied unit can be shown.
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9209 Woodlawn Avenue, Chicago, IL 60619 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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