Are you looking for an investment property that offers a stable rental income with long-term tenants? Look no further than this Illinois Investment Property for Sale!
Located in a great location close to Chinatown with public transportation, this property is a great opportunity for investors looking for a property that is already generating income. The property is currently occupied by tenants who have signed a 2-year lease and are paying a monthly rent of $1950 in cash. The lease is set to expire on 07/31/2024, which means the investor can enjoy stable rental income for years to come.
The property is a spacious and bright 3-bedroom, 2-bathroom unit with hardwood floors, central AC/Heat, and full appliances. The bedrooms are well-lit and offer ample space for comfortable living. The kitchen is equipped with all necessary appliances, including a refrigerator, stove, microwave, and dishwasher. The living room is spacious and perfect for entertaining guests or relaxing with family.
In addition to the great interior features of the property, the location is also a major selling point. The property is within walking distance to the Red line and Orange line, CTA Bus, and offers easy access to all major highways. This makes it convenient for tenants who need to commute to work or travel to various parts of the city. Additionally, the property is close to restaurants, grocery stores, and other amenities, making it a convenient and desirable location for tenants.
Another major benefit of this property is that it is located in the Healy Elementary School District, which is known for its excellent education system. This means the property is perfect for families with young children who are looking for a safe and convenient place to call home.
Overall, this Illinois Investment Property for Sale is an excellent opportunity for investors looking for a stable rental income with long-term tenants. With its convenient location, spacious and bright interior, and great amenities, this property is a must-see for any serious investor. Don’t miss out on this great opportunity!
2543 S Wallace Street, Chicago, IL 60616