About 621 Lake Street
BACK ON MARKET AT NO FAULT OF THE SELLER! Exceptional investment opportunity with owner-occupant potential! This well-maintained 4-unit property features spacious 2 bedroom, 1 bathroom units and offers the rare advantage of one unit being delivered vacant at closing - perfect for an owner occupant or for maximizing rental income at current market rates. Property highlights include a newer roof, two newer water heaters, and ample off-street parking with 8 dedicated spaces. With strong upside potential through rent increases to market value, this asset is ideal for both seasoned investors and buyers looking to live in one unit while generating income from the others. This property is being sold as-is.
Features of 621 Lake Street
| MLS® # | 12657689 |
|---|---|
| Price | $500,000 |
| Bedrooms | 7 |
| Bathrooms | 0.00 |
| Acres | 0.10 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Contingent |
| Taxes | $5,812 |
Community Information
| Address | 621 Lake Street |
|---|---|
| Area | Maywood |
| City | Maywood |
| County | Cook |
| State | IL |
| Zip Code | 60153 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Assigned, Off Street, Driveway, Yes, Owned |
| Is Waterfront | No |
| New Construction | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Corner Lot |
School Information
| District | 209 |
|---|
Additional Information
| Days on Market | 57 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams ONEChicago |
|---|