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34440874
34440875

1536 W 70th Street, Chicago, IL 60636 For Sale

HomeSmart Connect LLC
HomeSmart Connect LLC
Listed by HomeSmart Connect LLC
$529,000
4 days on market
Updated 2 days ago
Opportunity zone

1536 W 70th Street

Details
APN 20203160430000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Units 6
NOI $53,400
Year Built 1917
Stories 3
Zoning MULTI

Multifamily | 6 Units

Marketing description

Exceptional investment opportunity in West Englewood! This fully occupied 6-unit brick building offers immediate rental income and strong long-term investment potential. The property features a desirable unit mix of TWO spacious 3-bedroom apartments and FOUR well-maintained 2-bedroom apartments. Each unit is equipped with forced-air heating, and the full unfinished basement provides excellent potential for additional storage or future improvements. An added advantage is the adjacent side lot offering exceptional redevelopment potential. The addition lot may provide the opportunity to build townhomes, another residential building or expand the existing property, making this an attractive option for investors looking to maximize future value. Whether you're expanding your portfolio or acquiring a solid income-producing asset, this property is a must-see. Conveniently located near public transportation, parks, schools, and neighborhood amenities. Property is being sold As-Is.
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Listing Contacts

HomeSmart Connect LLC
HomeSmart Connect LLC
Listed by HomeSmart Connect LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$53,400.00
$4,450.00/mo

Valuation Metrics

0
DSCR
10.09%
Cap Rate
10.09%
ROI

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