223-233 North Kolmar Avenue, Chicago, IL

$825,000

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About 223-233 North Kolmar Avenue

Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer back porch that enhance both energy efficiency and curb appeal. The property features spacious two-bedroom, one-bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

Features of 223-233 North Kolmar Avenue

MLS® # 12495709
Price $825,000
Bathrooms 0.00
Acres 0.00
Year Built 1927
Type Commercial Sale
Sub-Type Multi Family 5+
Status New

Community Information

Address 223-233 North Kolmar Avenue
Area CHI - West Garfield Park
City Chicago
County Cook
State IL
Zip Code 60624

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement Yes
Basement Partially Finished

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 6
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway HomeServices American Heritage
Contact Infonahagent@yourpad.com

Listing Map

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