$357,500
812 S Miller Street #3N
Chicago, IL, 60607
This is a prime investment opportunity in University Village/Little Italy, located just a block from the UIC campus. Unit 3N is a spacious 3-bedroom, 2-bath condo with 1,300 square feet of living space. The unit features premium finishes such as granite countertops, a fireplace, a pantry, and a charming Juliet balcony, all within an all-brick, Flexicore building with a newer roof. A parking space is also included. Currently rented to UIC students for $2,550 per month, this property provides reliable cash flow with a lease in place until July 31, 2025. Tenants pay all utilities, ensuring consistent and predictable income with minimal operating expenses. The unit’s location near UIC ensures high demand, making it easy to rent year after year, and its proximity to local amenities adds to its appeal for both students and professionals. This is a turnkey investment requiring no immediate work, as the property is already tenant-occupied and income-producing. For investors looking to expand their portfolio, the adjacent Unit 3S, owned by the same seller, is also available for purchase. This presents a unique opportunity to secure two income-generating properties in a sought-after rental market.
Property Details
Price:
$357,500
MLS #:
MRD12269413
Status:
Active
Beds:
3
Baths:
2
Address:
812 S Miller Street #3N
Type:
Condo
Neighborhood:
CHI – Near West Side
City:
Chicago
Listed Date:
Jan 12, 2025
State:
IL
Finished Sq Ft:
1,300
ZIP:
60607
Year Built:
1988
Schools
School District:
299
Interior
Appliances
Range, Microwave, Dishwasher, Refrigerator, Disposal
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas, Forced Air
Laundry Features
Common Area
Exterior
Parking Features
Assigned
Parking Spots
1
Roof
Asphalt
Financial
HOA Fee
$378
HOA Frequency
Monthly
HOA Includes
Water, Parking, Insurance, Exterior Maintenance, Scavenger, Snow Removal
Tax Year
2023
Taxes
$6,614
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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812 S Miller Street #3N
Chicago, IL
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