$700,000
Active Under Contract
11 Days Online
8 Beds0 Baths0 SQFT
Active Under Contract

346 W 31st Street Chicago, IL 60616

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Fantastic Value-Add Investment 2-Flat Multi-unit Property with an in-law garden unit arrangement in Amour Square / Bridgeport! Each unit has 3 bedrooms and 1 bath with approximately 1, 050 square feet. Full finished basement has a 2 bedroom and 1 bath in-law apartment and utility room with shared laundry washer and dryer. Each apartment has separate utilities, central heat in all units, central air conditioning on floors 1 and 2. The 2.5 car garage allows for extra storage. Easy access to public transit, highway, White Sox stadium, Bridgeport restaurants, Arts District, grocery stores, Chinatown, downtown Loop and the lakefront. Below market rents for family occupied and long term tenants with all Leases ending June 30. Live in one unit and rent the others and maximize cash flow with market rate rents. Don't miss this opportunity to start your nest egg or add to your multiunit portfolio!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$11,312
  • HOA/Condo/Coop Fees$0
  • Days on Site10 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12068369
  • Home Size Source N/A
  • Year Built1984
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 2
  • Sewer Public Sewer
  • Basement Full
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Zoning MULTI
  • General Information None
  • Garage Detached
  • Rooms Total 16
  • Lot Size Less Than .25 Acre
  • Parking Total 2

Interior Features

  • Heating Natural GasElectric

Exterior Features

  • Waterfront Property No

Community Features

  • Township South Chicago
  • MLS Area CHI - Armour Square

Schools

School District
299
Elementary School
James Ward Elementary School
Middle School
Unknown
High School
Phillips Academy High School

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Monthly Payment (Est.)

$3,707
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