Remarks

Turnkey 5-Unit Multifamily Investment Opportunity Excellent opportunity to own a fully functional 5-unit apartment building with strong rental income in place. Four of the five units are currently tenant-occupied, generating immediate cash flow. The fifth unit--located in the basement--has just been completely remodeled and officially approved by the City of Hammond, adding even more value and income potential to the property.Strategically located just minutes from the Illinois border and in close proximity to the City of Chicago, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset.Each unit is individually metered for electric and cooking gas, with tenants responsible for their own utility costs. This setup simplifies management and enhances profitability.Don't miss out on this well-maintained building in a high-demand rental market.

Details

MLS#: 820735
Price: $479,900

Style: Multi Family
Sq Ft: 3840
Year Built: 1935

County: Lake
Subdivision: Hyde Park 2nd Add
Tax Fee: 4674.1