2657 West Luther Street, Chicago, IL – $825,000
- $825k Price
- 8 Beds
- 6 Baths
- 389 DOW
Days on Website
Measurement of the age of a real estate listing.
- $825k Price
- 8 Beds
- 6 Baths
- 389 DOWDays on Website
Measurement of the age of a real estate listing.
New Search X
2657 West Luther Street
Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,000, but pre-Covod it was a $6,500. In the next leasing cycle will be easy to raise rents. Can come with professional management that handle everything. Also easy to self manage. Very low maintenance investment property. Will not last long!
Essential Information
- MLS® #11064056
- Price$825,000
- Bedrooms8
- Bathrooms6.00
- Acres0.00
- Year Built1899
- TypeResidential Income
- Sub-TypeTwo to Four Units
- StyleOther
- StatusContingent
Community Information
- Address2657 West Luther Street
- AreaCHI - South Lawndale
- CityChicago
- CountyCook
- StateIL
- Zip Code60608
Amenities
- Parking TypeGarage
- # of Garages2
- Is WaterfrontYes
Interior
- HeatingNone
- Has BasementYes
- BasementNone
Exterior
- ExteriorBrick
- FoundationBrick/Mortar
School Information
- District299
Additional Information
- Days on Website389
- ZoningMULTI
- Taxes$4,416
Listing Details
- OfficeMain Street Real Estate Group
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Listing information last updated on May 17th, 2022 at 3:52am CDT.