Legal 4-Unit Investment Opportunity in Logan Square! Exceptionally spacious multifamily property offering over 5,700 square feet of building area per county records. Three generously sized 3-bedroom, 1-bathroom apartments feature separate living and dining rooms, while the garden unit offers 2 bedrooms and 1 bathroom. All four units have separate utilities and individual forced-air heating systems. Current rents are below market, with rental comparables available to support the opportunity for increased income. Recent improvements include a newer roof, replaced skylight, new lintels at the front windows, some window replacements, recent tuckpointing, and some kitchen updates. A 2-car brick garage adds additional value and convenience. While the property would benefit from further updating, its substantial building size, spacious apartment layouts, and income potential make it an attractive opportunity for investors or owner-occupants looking to build equity and maximize returns. Bring your vision and unlock the potential of this versatile Logan Square multifamily property! As-is sale.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 312-266-7000
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 5,868.38 per month $4,996.54 Principal & Interest $551.00 Property Tax $320.83 Homeowner's Insurance
3547 W Palmer Street | MLS# 12801418
This multi-family property located at 3547 W Palmer Street , Chicago, IL 60647 is currently listed for sale with an asking price of $1,100,000. W Palmer Street is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.