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Listed by Melanie Millerof Keller Williams ONEChicago
$190,500
Est. payment /mo
7 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12517701
Bedrooms 7
Year Built 1911
Annual Tax Amount $1,057
Tax Year 2023
Lot Dimensions 30 X 125
Property Sub-Type Two to Four Units
Property Description
Investor's Dream Opportunity at 11201 S Normal Avenue This well-maintained frame two-flat offers the perfect blend of immediate income and long-term upside. Unit 1 features 3 bedrooms with updated flooring and modern cabinetry, currently occupied by a dependable CHA tenant. Unit 2 includes 2 bedrooms, 1 bathroom, and spacious living and dining areas, occupied by a long-term market tenant providing stable rental income. The property also features a clean basement with a third bathroom already in place, presenting a prime value-add opportunity for added living or storage space. Listed just under $200k , this property delivers excellent cash flow potential and the kind of true armchair investment every investor looks for - stable tenants, solid condition, and room to grow. Whether you're expanding your portfolio or searching for a high-return addition, 11201 S Normal is ready to perform from day one.
Location
State IL
County Cook
Rooms
Basement Exterior Entry, Storage Space, Walk-Up Access, Full
Interior
Heating Natural Gas, Forced Air, Indv Controls
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Storm Sewer
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info

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