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1442 Hamlin Avenue, Chicago, IL 60623

6 Bed, 3 Bath Multi-Family Home For Sale

1442 Hamlin Avenue, Chicago, IL 60623 House For Sale - MLS #10260670
$139,900
6
3
Multi-Family
2 Family
This listing is courtesy of Michael Kevorkian from New Market Realty Inc.

Property Description for 1442 Hamlin Avenue, Chicago, IL 60623

Stunning rehab of a historic 2 unit grey stone in Douglas Park. Huge 1st floor 3 bedroom 1 bath unit currently being rented by long time tenants paying $700 per month. Get a hold of this opportunity to make a great deal for yourself now! Duplex the basement with the 1st floor, tenants have agreed to pay $1,400/month! Look at this from one of two ways: 1.) 2nd floor unit is vacant and can easily get $900 per month with the right tenant. Because you are a smart and savvy buyer, you can see that $900 per month plus the $1,450 is an amazing 15% net cash on cash return! -OR- 2.) You live in one unit and let the rent from the other pay for your home! Just imagine all of the possibilities that exist for you in this property BUT only if you act RIGHT NOW and buy this building before someone else beats you to it! Many people talk about the things they want to do with their lives, not you... you on the other hand are a person of action and you know, this is a great deal when you see it.

Interior Details

14
Public Sewer
Lake Michigan

Exterior Details

0.07 acres
3,049 sq. ft.
3

Other Details

10260670
1901
$2,800

Units Description

Unit #1
Rooms: 7      Bedrooms: 3      Full / Half Baths: 1      Rent: $1,400     
Rooms : 7
Interior Features : Stove; Refrigerator; Dishwasher; Microwave; Laundry Hook-Up; Range Hood

Unit #2
Rooms: 7      Bedrooms: 3      Full / Half Baths: 2      Rent: $1,400     
Rooms : 7
Interior Features : Stove; Refrigerator; Dishwasher; Microwave; Laundry Hook-Up; Range Hood

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Monthly Mortgage Payments

$635
$885

Town Description

Once part of Cicero Township in 1869, the eastern section of North Lawndale to Crawford Avenue (Pulaski Road) was annexed to Chicago by an act of the state legislature. Thereafter, streets were...

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