122 North Menard Avenue
122 North Menard Avenue
$480,000
8
4
—
—
—
Closed 9/14/23
Description
Welcome to this exceptional investment opportunity! Presenting an all-brick 4-flat building that generates an impressive $50,000 in rental income annually. This property is a true gem, boasting four well-maintained 2-bedroom, 1-bathroom units, each designed with a spacious living room/dining room combo, and large eat-in kitchens adorned with elegant white cabinets. Enjoy the ease of ownership with "nothing to do but buy and start cash-flowing day 1!" All four units are rented with leased to section-8...Welcome to this exceptional investment opportunity! Presenting an all-brick 4-flat building that generates an impressive $50,000 in rental income annually. This property is a true gem, boasting four well-maintained 2-bedroom, 1-bathroom units, each designed with a spacious living room/dining room combo, and large eat-in kitchens adorned with elegant white cabinets. Enjoy the ease of ownership with "nothing to do but buy and start cash-flowing day 1!" All four units are rented with leased to section-8 tenants, offering an ideal investment for savvy investors looking for immediate returns. Moreover, this 4-flat offers a unique advantage of separate basements for each unit, providing additional space for tenants' storage needs. This thoughtful feature enhances tenant satisfaction and convenience, setting it apart from other properties in the area. Seize this incredible chance to close the deal and start collecting rent immediately! The property's robust rental income, combined with its turnkey condition, promises a seamless investment journey, whether you're a seasoned investor or entering the real estate market for the first time. This unique opportunity won't last long! Don't miss your chance to own a rock-solid, cash-flowing asset with tremendous potential for long-term growth. Act now and capitalize on this outstanding 4-flat building in a prime location. Reach out today to secure your future and embark on a rewarding investment venture! Tenant Pays Utilities.
- Listed by Shaheen Pervaiz • Exit Strategy Realty
Sold By Exit Strategy Realty
Property Details for 122 North Menard Avenue
Area
CHI - Austin
TownshipWest Chicago
OwnershipFee Simple
Num Of Parking Spaces1.0
Num Of Cars1.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
Location
LISTING UPDATED: 09/14/2023 02:04 PM
Property Details for 122 North Menard Avenue
Status | Closed |
---|---|
MLS # | 11834368 |
Days on Market | 59 |
Taxes | $2,614 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1959 |
Lot Size | 0.06 AC / 2,793 SF |
County | Cook County |
Location
Building Information for 122 North Menard Avenue
Stories-Residences4Year Built1959Building Size-Lot Size0.06 AC / 2,793 SF
Payment Calculator
$2,837 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 122 North Menard Avenue
Property History for 122 North Menard Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 122 North Menard Avenue
Taxable ValueLand$3,044Additions$9,955Total$12,999
Tax Record2022$2,674 ($223 / month)
Home Facts
Baths3Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories2Lot Size3,205 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN16-08-414-033
Schools near 122 North Menard Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ellington Elementary School PublicPK to 8 | ||
Austin College and Career Acad High School Public9 to 12 | ||
Catalyst Circle Rock Elementary School CharterK to 8 | ||
Austin Bus & Entrepreneurship High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.