Residential Income for Sale: 836 N Keeler, Chicago, IL 60651 SOLD

10 beds
$400,000
$400,000
836 N Keeler, Chicago, IL 60651 SOLD
10 beds
$400,000
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Selling Price: $400,000
Original List Price: $415,000
Sold at 96.4% of list price
Sold Date: 08/14/2024

Type Residential Income
Beds 10
Lot Size 0.07 acres
Year Built 1897

City Chicago
County Cook
School District 299

MLS 11956127
Status Closed
Welcome to this exceptional investment opportunity! This meticulously maintained 3-unit building offers a prime arrangement for both investors seeking strong rental income and homeowners desiring supplemental revenue. The first-floor duplex boasts a generous layout featuring 4 bedrooms, 2 full baths, a convenient laundry room, and ample storage space, providing a comfortable dwelling for its occupants. Currently leased to a CHA tenant at $1,389 per month, this unit assures steady rental income. Ascending to the second floor, discover a charming 2-bedroom, 1-bath unit with a finished attic presenting a private entrance and an additional bathroom. Currently rented to a CHA tenant for $1,103 per month, the attic's separate entry offers a unique opportunity for increased rental yield. Both units enchant with hardwood floors and enclosed porches, enhancing their appeal and value. Nestled at the rear of the property stands a detached coach house, offering 2 bedrooms, 1 bath, and laundry facilities, presently leased for $1,100 per month. Each unit is currently on a month-to-month lease, providing flexibility for future plans. Noteworthy updates include new air condensers installed in all 3 units in 2018, ensuring efficient climate control. The coach house received a comprehensive renovation in 2018, featuring all-new hardwood floors, granite countertops, updated doors, bathrooms, and fresh paint. Additionally, new insulation was added in the coach house in 2020, enhancing energy efficiency. A recent upgrade, completed in November 2023, includes a new drain tile system with a lifetime transferable warranty, guaranteeing peace of mind for the property's structural integrity. Whether you opt to retain all tenants, securing a lucrative investment, or choose to occupy one of the units as a homeowner while benefiting from the rental income of the remaining units, this property offers versatility and financial opportunity. Take advantage of this chance to own a well-maintained property with a history of updates, strong rental income, and potential for increased returns. Schedule a viewing today!

Room Features

Basement Description Finished

Lot & Building Features

Heating Forced Air, Natural Gas
Parking Description None
Sewer Public Sewer
Tax Year 2022
Water Lake Michigan
Lot Dimensions 25X125 ft

Price History of 836 Keeler, Chicago, IL

Date Name Price Difference
05/28/2024 Price Adjustment $400,000 2.44%
04/28/2024 Price Adjustment $410,000 1.20%
12/31/1969 Listing Price $415,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Carol Molnar
Direct: 708-227-3388
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by YBRS Realty Inc., Sagar Shah
Sold by Keller Williams ONEChicago, Melanie Miller
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20%
1%
6.75%
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: YBRS Realty Inc.