1824 W Hood Avenue , Chicago, IL 60660
Chicago, IL 60660
Description
This property has been gut rehabbed and is ready for an owner-user or investor to take over! 1824 W Hood Ave sits on a 40x100ft lot and features all new copper plumbing, brand new electric, new water heaters, individual HVAC, in-unit washer/dryer, updated interior finishes and a brand new garden unit. It is a legal 2-unit, but the garden unit is extremely nice and would be a great place to live. Garden unit is a 2br/1ba, 1st floor is a 2br/1ba, & 2nd floor is a 3br/1ba. Additionally, the property features enough parking spaces for up to 8 cars - perfect for your tenants and definitely something that could be rented out to other people in the neighborhood for additional income. The property will be delivered vacant, but at rent estimates, this property will be operating at over a 7% cap rate. Gross rents at ~$80,000 once fully rented out and with utilities separate, expenses are low! OM available upon request. Come check it out!
Details
| MLS# | 12300442 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1916 |
| Days On Site | 17 |
| Listing Provided By | Horvath & Tremblay IL, LLC | John Preston |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
Market Activity 60660
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60660 |
| Area | CHI West Ridge |
| School District | 130 |
| Elementary School | 130 |
| Middle School | 130 |
| High School | 130 |
| Listing VS Median (In 60660) | |
Price: $849,000 low | high Med: $2,800 On site: 17 low | high Med: 1.000000 | |