Photos: https://www.dropbox.com/scl/fo/hgbd4iu7uu35o0nxuvzzf/h?rlkey=zqjtk4wauxih3exrewnirukyn&dl=0
Recently sold
3 unit – 3516 Springdale Ave sold 1/23/2024 $240,000 (worse condition)
2 unit – 3517 W Forest Park Ave sold 3/17/2023 $199,000 (full gut rehab)
2 unit – 3611 Fairview Ave sold 7/12/2023 $190,000 (full gut rehab)
2 unit – 3503 W Forest Park Ave sold 8/4/2023 sold $290,000 (similar condition)
Buy and hold investors don't miss out on this opportunity! This property boast 2 massive 2 bedroom 1 bathroom units. Each unit can easily be converted to 3 bedrooms. 1st floor unit will be vacant at closing as the seller currently occupies that unit. 2nd floor tenant pays $1,100 a month (under market rent). Each unit can easily bring in $1,400-$1,600 a month with some updates. With some cosmetic renovations this property should gross north of $3,000 a month.
