4216 W Monroe St
Chicago, IL 60624
Property Description
Investor Special!! Ever thought about owning your own investment property that cash flows over $58,000 a year and an NOI of over $46,000 a year? Well, look no more, presenting 4216 W. Monroe Street,100% Rehabbed ..!! Great Potential for an owner/occupant or investor. Units have been Newly Remolded and floor plans are very spacious. All mechanicals and windows have been updated in this Large Greystone 2-Unit + n- law arrangement unit building. Seller nor agent warrant legality of the in-law arrangement unit. There are 2 apartments with in-unit washers/dryers. All HUGE Units consisting of Hardwood Floors + 4 bedrooms + 1 bath + Living Room + Dining Room + 10 Feet + Ceilings. Turn-key ready for a new owner looking to live rent-free or an investor looking for a great income-producing investment! Each unit has individual heat – very low ownership expenses. Owner provided stoves + refrigerators + washer / dryers. The back porch is less than 8 years old + Newer Roof + Newer Windows. Spacious cement-covered backyard + Plenty of off-street parking. Property sold AS-IS Owner is a Real Estate Broker. Tenants’ rights during Covid-19 are observed. This Opportunity will be gone quickly, set up your exclusive showing, and good luck! Up to a 53.52% CASH ON CASH DEAL! 13.38% CAP RATE. No other deal like this right now! Priced to sell. Motivated Sellers. Must have pre-qualification letter proof of funds before showing. (Note – Buyer Premium of 1%)
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