6923 S Sangamon Street
Property Description
Excellent investment opportunity! Well-maintained 4-unit building featuring four 2-bedroom, 1-bath units on a quiet residential block. Three units are currently occupied, including two Section 8 tenants and one market-rate tenant, providing immediate cash flow. One vacant unit offers the perfect opportunity for an owner-occupant or additional rental income. The occupied units include a stove and refrigerator. Prior to closing, the vacant unit will be equipped with a stove, refrigerator, dishwasher, and microwave. Major updates include two brand-new boilers installed within the last year. The roof and exterior have been consistently maintained by ownership. Owner currently pays heat, hot water, water, and trash, while tenants are responsible for cooking gas and electricity. Strong income-producing property with stable tenancy and room for additional upside. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the others, this property is a must-see!
Broker Details
Keller Williams Preferred Realty (708) 798-1111
MLS ID: 602837 State License Number: 475128449
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $440,000 |
| Year Built: | 1911 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-MREDIL-12703892
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