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5001 Magoun Avenue East Chicago, IN 46312
9 Beds
4 Baths
7,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Sub
MLS Listing ID 829086
Bedrooms 9
Full Baths 4
Year Built 1900
Annual Tax Amount $3,586
Tax Year 2023
Lot Size 7,000 Sqft
Property Sub-Type Quadruplex
Property Description
This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With updated interiors, recent tenant placement, and professional management practices, 5001 Magoun Avenue offers investors a turnkey, income-producing asset with steady cash flow and reduced operational risk.
Location
State IN
County Lake
Rooms
Basement Unfinished
Interior
Interior Features Other
Heating Baseboard, Individual Unit, Other, Natural Gas
Cooling Other
Fireplace No
Appliance Gas Range, Refrigerator
Exterior
Exterior Feature Other
Parking Features Driveway
Garage Spaces 2.0
Building
Lot Description Back Yard, Front Yard, Corner Lot
Others
Acceptable Financing Cash, VA Loan, Conventional
Listing Terms Cash, VA Loan, Conventional
Virtual Tour https://my.matterport.com/show/?m=9PEKWNKLcQU&mls=1
Listed by Listing Leaders
