Courtesy: HomeSmart Realty Group

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3707 S MICHIGAN Avenue, Chicago IL, 60653

(Active)

$349,900

6 beds, 3 baths

MLS# 12049861

Last Updated: 5/19/2024 8:04 AM

Description for 3707 S MICHIGAN Avenue Chicago, IL 60653

DON'T MISS AN OPPORTUNITY TO PURCHASE A LEGAL 2-UNIT BUILDING WITH AN ADDITIONAL GARDEN UNIT IN A RED HOT AREA. EACH UPDATED UNIT IN THIS BUILDING IS RENTAL READY AND FEATURES 3 BEDROOMS AND 1 FULL BATH. LOTS OF RECENT EXTERIOR / INTERIOR IMPROVEMENTS. THE GARDEN UNIT CAN BE USED TO RENT OUT FOR ADDITIONAL INCOME OR USED FOR IN-LAW LIVING AS WELL. SEPARATE UTILITIES INCLUDING 2 CENTRAL AC UNITS EACH FOR 1ST AND 2ND FLOOR UNITS. INVESTMENT RETURN ON ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT APARTMENTS IS EXTREMELY HIGH! IT'S ALSO A LUCRATIVE BUSINESS OPPORTUNITY FOR AIRBNB. PROPERTY IS CLOSE TO THE RED LINE AND GREEN LINE, GUARANTEED RATE FIELD - CHICAGO WHITE SOX, SOLDIER FIELD - CHICAGO BEARS, MCCORMICK PLACE, SHEDD AQUARIUM, ADLER PLANETARIUM, CHINATOWN, AND ALL MAJOR BEACHES. LOW REAL ESTATE TAXES & NO HOA FEES.

Price

Price: $349,900

County: Cook

Beds: 6

Baths: 3

MLS#: 12049861

Status: Active

Description

Listing Information

Property Type: Multi-Family, Other
Bedrooms:6	Bathrooms:3
Total Rooms:12	Year Built:1948	Construction:Brick

Town/Range/Sec:South Chicago//

Water:Public

Sewer:Public Sewer

Neighborhood

Room Information

Interior Features

Heating: Gas Heat, Forced Air

Basement:Finished, Full

Exterior / Lot Features

Exterior:Brick

Patio:Porch

Roof:Flat

Lot Dimensions:46X48

Zoning:MULTI

Driving Directions

CORNER OF MICHIGAN AVENUE AND EAST 37TH STREET.

Financial Considerations

Tax/Property ID: 17343150070000

Tax Amount: $3,950

Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60653 has a population of 2,781,445.

The median household income in Chicago, Illinois 60653 is $38,332. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60653 is 38 years.

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Courtesy: HomeSmart Realty Group

This content last refreshed on 5/19/2024 8:04 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Information is deemed reliable but is not guaranteed.

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