4202 South Western Avenue
4202 South Western Avenue
$400,000
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Description
Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each...Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each add $900 a month to your earnings. ($4205/m Total) This property is in a neighborhood that's getting more valuable, so it's not just a buy; it's a smart move for growing your investment. With a strong income stream, it stands out as a great choice for anyone looking to invest in a growing area. Come see why this property could be a key part of your investment future. Book your visit today!
- Listed by Richard Harnik • First Midwest Realty LLC
- Listed by Noe Cervantes • First Midwest Realty LLC
Property Details for 4202 South Western Avenue
Area
CHI - Brighton Park
TownshipSouth Chicago
Location
LISTING UPDATED: 04/03/2024 12:06 AM
Property Details for 4202 South Western Avenue
Status | Active |
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MLS # | 12013790 |
Days on Market | 48 |
Taxes | $3,238 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1918 |
Lot Size | 0.07 AC / 2,921 SF |
County | Cook County |
Location
Building Information for 4202 South Western Avenue
Stories-Residences3Year Built1918Lot Size0.07 AC / 2,921 SF
Payment Calculator
$2,453 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4202 South Western Avenue
Property History for 4202 South Western Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4202 South Western Avenue
Taxable ValueLand$2,921Additions$11,128Total$14,049
Tax Record2022$2,890 ($241 / month)
Home Facts
Baths3.5Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories2Lot Size2,921 SqFtStyleMulti-Family Res (5+ Units)Year Built1916CountyCOOKAPN19-01-223-027
Schools near 4202 South Western Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
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Shields Elementary School PublicPK to 4 | ||
Shields Middle School Public5 to 8 | ||
Thomas Kelly College Preparatory Public9 to 12 | ||
Acero Chtr-Brighton Park Campus CharterK to 8 |
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.
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