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$ 749,000
Est. payment /mo
Active
816 S Leavitt ST Chicago, IL 60612
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12315681
Bedrooms 6
Year Built 1885
Annual Tax Amount $8,475
Tax Year 2023
Lot Dimensions 125 X 25
Property Sub-Type Two to Four Units
Property Description
Welcome to 816 S Leavitt St., currently zoned as a single family which has been used as a remarkable 3 unit building. HOT Tri-taylor area, historical Medical Center District. This property presents a unique opportunity for both investors and developers looking to capitalize on its excellent location and potential for expansion. The main building boasts a variety of features that make it an attractive investment. Recently updated, turn key for airbnb. new furnace, newer kitchens and bathrooms. The property's prime location in the historical Medical Center offers a wealth of advantages. With its proximity to the highway, commuting becomes a breeze, allowing for convenient travel to surrounding areas. The Medical Center itself holds historical significance, imbuing the neighborhood with a rich cultural heritage and an attractive ambiance. This coveted locale is known for its charming streets, unique architecture, and vibrant community and many parks nearby.this expansion potential allows for increased rental income or the option to occupy one unit while generating rental revenue from the others. Such flexibility makes this property a versatile and lucrative investment opportunity. Investing in this area is particularly enticing due to its reputation as a great rental area. The demand for rental properties remains high, ensuring a consistent stream of potential tenants seeking accommodation. exciting longterm future developments by United center and nearby gateway projects make the area extrememly attractive, this property offers both immediate returns and long-term investment value. Secure your stake in this prime real estate opportunity today.
Location
State IL
County Cook
Area Chi - Near West Side
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Irving Elementary School
Middle Schools Irving Elementary School
High Schools Manley Career Academy High Schoo
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Jenny Fultz • Jin's Group Corporation LTD
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