Listing Courtesy of: Sybil Martin - Coldwell Banker Realty 773-451-1200

7830 S Luella Avenue Chicago, IL 60649

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General Commercial Residence
Beds
Baths
10,758 Sq. Ft.

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Last updated on 11/25/2024 3:08 AM
Discover a rare investment opportunity with this well-maintained 6-unit building, with the potential to generate an annual income of $100,000 and beyond. Each spacious unit features 2 bedrooms and 1 bath, thoughtfully designed with separate dining and living spaces, both offering access to a front s...unroom that floods the space with natural light. Down the hallway, you'll find generously sized bedrooms, each with access to a second sunroom, providing additional living space and flexibility. This thoughtfully-designed layout also offers the potential for a 3rd bedroom, maximizing rental income possibilities. The basement presents an exciting opportunity for expansion, with ample space to build out two additional units, significantly increasing the potential for rental income. The units are equipped with individual heating systems, which can reduce costs for the owner. Gleaming hardwood floors run throughout, adding a touch of elegance and durability. The building's water heater, windows, and rear porches have been recently updated, enhancing efficiency and reducing maintenance concerns. Additionally, the property features garage parking in the rear with six dedicated spaces, providing yet another opportunity to generate additional income. Whether you're looking to expand your investment portfolio or seek an owner-occupant scenario with rental income, this income-generating gem is not to be missed! Continue reading
MLS#
12145457
Property Type
General Commercial
Year Built
1926
Square Feet
10,758 sq. ft

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Listing Courtesy of: Sybil Martin - Coldwell Banker Realty 773-451-1200
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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This content last refreshed on 11/25/2024 3:08 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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