$ 360,000
6944 S Carpenter Street Chicago, IL 60621
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$ 360,000
Est. payment | /mo
7 Beds
$ 360,000
Est. payment | /mo
7 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12074733
Bedrooms 7
Year Built 1909
Annual Tax Amount $1,950
Tax Year 2022
Lot Dimensions 3,125
Property Description
Discover this well-maintained 2-flat apartment building nestled in the vibrant Englewood neighborhood of Chicago. With one spacious 4-bedroom apartment and a comfortable 3-bedroom apartment, this property offers flexibility for various living arrangements or investment strategies. Its good condition, combined with room for value add, makes it an excellent candidate for a 203k loan and rehab, perfect for those looking to enhance its potential. First Apartment Bedrooms: 4 Bathrooms: 1 Features: Bright and open living area with ample natural light Functional kitchen with plenty of storage space Generously sized bedrooms, each with ample closet space Well-maintained bathroom with modern fixtures In-unit laundry potential for added convenience Second Apartment Bedrooms: 3 Bathrooms: 1 Features: Cozy living room with a welcoming atmosphere Efficient kitchen layout with updated appliances Comfortable bedrooms ideal for families or roommates Modern bathroom with contemporary finishes Potential for in-unit laundry Property Highlights Condition: This property is in good condition and ready for immediate occupancy, yet it still offers opportunities for value add through renovations or upgrades. Location: Situated in Englewood, this building is close to public transportation, schools, parks, and local amenities. The area is undergoing revitalization, making it an attractive location for investment. Short-Term Rental Potential: Both units are suitable for short-term rentals, offering flexibility for generating income through platforms like Air-BNB. Investment Opportunity: Ideal for investors looking to leverage a 203k loan for rehab, this property offers significant potential for increasing its value and maximizing rental income. Investment Potential This 2-flat building is an excellent choice for investors or homeowners looking to capitalize on the growing Englewood area. With room for enhancements and the ability to generate substantial rental income, this property represents a sound investment. Schedule a Viewing Don't miss out on this fantastic opportunity. Contact us today to schedule a private viewing and see the potential this property holds.
Location
State IL
County Cook
Rooms
Basement Partial
Interior
Heating None
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
Water Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Vincent Ewing • Keller Williams ONEChicago