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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

Listed by Mark Minorczyk • Keller Williams ONEChicago

$ 140,000

Est. payment | -/mo

4 Beds

1.5 Baths

969 SqFt

Save

$ 140,000

Est. payment | -/mo

Save

4 Beds

1.5 Baths

969 SqFt

Key Details

Property Type Other Types

Sub Type Detached Single

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 969 sqft

Price per Sqft $144

Lot Size 3,123 Sqft

MLS Listing ID 12670558

Style Bi-Level

Bedrooms 4

Full Baths 1

Half Baths 1

Property Description

Cash-Flow Opportunity! Turnkey Rental Investment with an established tenant already in place. This tenant-occupied investment property is leased on a month-to-month basis, with the buyer to assume the tenancy and honor all tenant rights. Current rent is $1,480 per month, providing immediate rental income from day one. This split-level home features 4 bedrooms and 1.5 baths, including 3 bedrooms and a full bath on the upper level, a spacious living room, dining area, and kitchen on the main level, and a lower level with a 4th bedroom, half bath, family/bonus room, and utility room combined with a laundry area and shower stall. Hardwood flooring extends throughout the main and upper levels, while the lower level features ceramic tile flooring. Additional improvements include an updated full bath (2025), stove (2025), refrigerator (2023), gas forced-air furnace (2023), steel security door (2024), replacement of the west and south side siding (2019), and several newer windows, including two on the west side and the large north-facing picture window. The property also offers double-pane windows, a fenced yard with a combination of chain-link and wood fencing, and exterior parking spaces accessible from the alley. Conveniently located near public transportation with easy access to I-90/I-94 and downtown Chicago. Tenant pays Peoples Gas and ComEd; landlord pays water, sewer, garbage, and lawn care. Property is being sold strictly AS-IS. Portfolio Opportunity! Three tenant-occupied properties are available for purchase individually or as a package. All tenants are currently on month-to-month leases. Properties include: 1233 W. 73rd Place, Chicago, IL 60636-4137; 1647 W. 59th Street, Chicago, IL 60636-1754; and 6037 S. Wood Street, Chicago, IL 60636-2201.

Location

State IL

County Cook

Community Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Rooms

Basement Finished, Partial

Interior

Interior Features Replacement Windows

Heating Natural Gas, Forced Air

Cooling None

Flooring Wood

Fireplace Y

Appliance Range, Refrigerator

1-purchase type For Sale

Exterior

Waterfront false

Water View true

Roof Type Asphalt

Parking Type Asphalt, Off Alley, Alley Access, Yes, Owned

Building

Lot Description Level

New Construction false

Story Split Level

Foundation Concrete Perimeter

Lot Dimensions 25 x 125

Sewer Public Sewer

Water Public

Schools

Elementary Schools O'Toole Elementary School

Middle Schools O'Toole Elementary School

High Schools John Hope College Preparatory Se

School District 299, 299, 299

Others

HOA Fee Include None

Tax Amount $1,647

Tax Year 2024

Ownership Fee Simple

Special Sale List Broker Must Accompany

1647 W 59TH ST Chicago, IL 60636