3-Bedroom Ranch Style Home with Strong Investment Potential in Austin Neighborhood

  • $244,900
  • $350,000/ARV
5XXX West Adams Street, Chicago, IL, USA
Available

3-Bedroom Ranch Style Home with Strong Investment Potential in Austin Neighborhood

5XXX West Adams Street, Chicago, IL, USA
  • $244,900
  • $350,000/ARV

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 2.5
  • Bathrooms
  • 1452
  • sqft

Description

Charming Investment Property in the Historic Austin Neighborhood of Chicago!

Located at 5XXX W Adams St, Chicago, IL 60644, this property is nestled in the vibrant Austin neighborhood on the West Side of Chicago. Known for its historic architecture and strong community presence, Austin offers a unique blend of urban living and residential charm.


💸 Financial Overview:

  • Asking Price: $244,900
  • Current Rent: $1,300/month (Tenant is month-to-month)

🏠 Property Features:

This home offers a great opportunity for investors or buyers looking to customize and add value:

  • Bedrooms: Spacious 3-bedroom layout, ideal for families or tenants seeking comfortable living spaces.
  • Bathrooms: 2.5 bathrooms, providing convenience and ample space for residents.
  • Kitchen: The kitchen has minor cosmetic updates but remains mostly original, offering potential for modern upgrades.
  • Heating and Cooling: The property has no central air conditioning, an original furnace, and a water tank replaced in the last five years.
  • Drainage System: Equipped with a reliable drainage system to prevent flooding and water damage.

🏢 Tenant Occupancy:

The property is currently tenant-occupied on a month-to-month basis, generating rental income of $1,300 per month. The property can be delivered with the tenant in place or vacant, depending on the buyer’s preference. This flexibility makes it an attractive option for both investors and potential homeowners.


🏡 Neighborhood Benefits:

  • Located in the Austin neighborhood, one of Chicago’s largest and most historic communities, known for its beautiful architecture and vibrant culture.
  • Close proximity to local amenities, including schools, parks, shopping centers, and public transportation, providing convenient access to downtown Chicago and surrounding areas.
  • A strong sense of community and an active neighborhood presence, making it a welcoming environment for families and individuals alike.

Don’t miss out on this charming investment opportunity in the Austin neighborhood of Chicago! Whether you’re looking for a rental income property or a home to personalize, this property offers great potential.

For Inquiries and Viewing Requests, Call Now: (773) 985-7343


Learn more about Austin’s community: Click Here!
Explore other investment opportunities: Click Here!

  • Address 5XXX West Adams Street, Chicago, IL, USA
  • City Chicago
  • State/county Illinois
  • Zip/Postal Code 60644
  • Country United States

Similar Listings

Compare listings

Compare
NRP
  • NRP