2542 South Albany Avenue, Chicago, IL

$749,000

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6

Beds

4

Baths

0.06

Acres

About 2542 South Albany Avenue

True FULL Gut Rehab down to the studs, on a lovely tree lined street in booming East Little Village. All units with modern, high end finishes; stainless steel appliances, quartz counters, in unit laundry, and hardwood floors throughout. The basement is also prepped to add 2 first floor units. Seller will build these 2 units out for an additional fee of $75,000/unit after closing in a massive value add opportunity. As a legal 6-unit with market rents (all current rents are massively under market) the proforma monthly income should be $7,500.

Features of 2542 South Albany Avenue

MLS® # 11940951
Price $749,000
Bedrooms 6
Bathrooms 4.00
Acres 0.06
Year Built 1897
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 2542 South Albany Avenue
Area CHI - South Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 158
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMain Street Real Estate Group

Listing Map