Oak Lawn, IL 60453,4014 W 103rd ST
Oak Lawn, IL 60453,4014 W 103rd ST
Oak Lawn, IL 60453,4014 W 103rd ST
Oak Lawn, IL 60453,4014 W 103rd ST
Oak Lawn, IL 60453,4014 W 103rd ST
Oak Lawn, IL 60453,4014 W 103rd ST
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$818,000

$931,500

12.2%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 06/12/2024

Key Details

Sold Price $818,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11944298

Sold Date 06/12/24

Year Built 1964

Annual Tax Amount $15,084

Tax Year 2022

Lot Dimensions 101X81

Property Sub-Type Multi Family 5+

Property Description

Seize the opportunity to acquire a stunning nine-unit, all-brick apartment building nestled in the esteemed suburb of Oak Lawn.Comprising one studio apartment and eight one-bedroom units, this property boasts fully owned Washer and Dryer facilities, providing an additional income stream. With rents currently below market rates, this presents an ideal prospect for a value-added acquisition.Rents can be substantially raised with modernizing units or explore the potential of transforming these units into lucrative Airbnb accommodations, offering an additional avenue to maximize income and capitalize on the thriving short-term rental market. The boiler, installed within the last five years, ensures efficient heating. Furthermore, consider the option to combine this property with the available 16-unit offering at 4525 W 95th MLS #: 11946462 maximizing potential with agency debt and plottage benefits. Broker owned.

Location

State IL

County Cook

Area Oak Lawn

Zoning MULTI

Interior

Fireplace N

Building

Level or Stories 2

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Robert Drafke • Concentric Realty, Inc
Bought with Jake Fugman • eXp Realty, LLC
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