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2946 N Keating Avenue Chicago, IL 60641 Multi Unit - Multiple Active

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Description

BELMONT CRAGIN VALUE ADD OPPORTUNITY! Solid yellow brick 6 unit building situated on a quiet residential block at 2946 N Keating. This high yield investment features a versatile unit mix: (4) Massive 2BR/1BA units boasting formal dining rooms, spacious kitchens, living rooms, private porches, and bright sunrooms (perfect for home offices); plus (2) efficient 1BR/1BA units. INVESTOR ADVANTAGES: Tenants pay their own electricity and cooking gas. Massive parking capacity with a 2 car garage plus tandem exterior space for up to 6 additional vehicles rare for the area and a huge potential revenue stream. Located in a high demand rental pocket with strong median rents. Building is sold As-Is/Where-Is with no seller representations. Bring your contractor and unlock the significant equity potential in this classic Chicago gem! Prime location near transit, shopping, and parks. Don't miss out!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
Realty of America, LLC 708-788-1900
MRED MLS
$1,200,000
Est. $8,009/mo
Active
BEDS0 BATHS MLS#12620688
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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2946 N Keating Avenue, Chicago, IL 60641.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,200,000$1,200,000$1,200,000
Down Payment $42,000$0$240,000
Monthly Mortgage Amount $7,255$7,547$5,989
Taxes $1670$1670$1670
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $720$0$0
Monthly Estimated Total $9,995$9,567$8,009

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