$700,000
184 N Lamon Avenue
Chicago, IL, 60644
Don’t miss out on this NEW 3 unit building (Built in 2022 ) that was built and designed as condos. Custom kitchen cabinets with Quartz counter tops and custom glass back splash. Hardwood floors, and custom lighting. All units have washer/dryer, water heaters and ceiling fans. Whirlpool and GE Appliances. Building has 3 parking spaces in rear of building. Building owner is using a unique rental plan (SRO) of renting out each bedroom to medical workers/student, Amazon and state workers. As of April 1, 2024 the building is generating $6100 in income per month, with the potential to generate $8,500 per month using the present plan when all bedroom are full. Buyer can convert units to full unit rentals or sell as condos. Close to shopping and interstate. Income and expenses are from September thru February 2024. Need 24hrs to show.
Property Details
Price:
$700,000
MLS #:
MRD11965790
Status:
Active
Beds:
8
Baths:
5
Address:
184 N Lamon Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Jan 26, 2024
State:
IL
ZIP:
60644
Year Built:
2022
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Parking Features
Unassigned, Off Alley, Alley Access
Parking Spots
3
Financial
Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Tax Year
2022
Taxes
$1,589
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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184 N Lamon Avenue
Chicago, IL
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