Excellent investment opportunity in a rapidly growing community! This 2-flat sits on a prime corner lot that includes an adjacent oversized parcel, offering significant potential for future development or expansion. Currently, both units are fully occupied by long-term tenants at below-market rates, with the first-floor unit providing steady income through Section 8. The neighborhood is experiencing a positive transformation, with new construction and homes priced over $300,000 within walking distance. While the property needs some TLC and updates to reach its full potential, it is competitively priced for a quick sale. Whether you are an investor looking to capitalize on an up-and-coming area or a buyer seeking a live-in investment opportunity, this property is a great buy. Sold in AS-IS condition.
Listed By
Agency Name: Real People Realty
Agency Phone: 815-469-7449
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 956.41 per month $567.79 Principal & Interest $352.17 Property Tax $36.46 Homeowner's Insurance
15144 9th Avenue | MLS# 12727513
This multi-family property located at 15144 9th Avenue, Phoenix, IL 60426 is currently listed for sale with an asking price of $125,000. 9th Avenue is located within the District 205 school district. Search Phoenix real estate on www.gogambino.com today.