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4126 West Newport , CHICAGO, IL 60641

Kilbourn Park

Sold
Price: $475,000
Bed: 9
Bath: 4
Taxes: $$5731
Market Time: 6 days
Year Built: 1912
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Description:

Great income property in South Old Irving Park neighborhood. Live rent free or add a great income property to your portfolio. Rehabbed in 2012 with new kitchens and bathrooms, it has nice finishes throughout. Though owner does not warrant legality of garden unit, it is leased through 2/17 at $1150/mo. 1st floor is leased thru 1/17 at $1350/mo. 2nd floor unit duplexes up to a 3rd floor. With 5BR / 2BA, the current owners unit would lease for $2500/mo. Fully leased the home would produce $5000/mo in gross rents plus addl revenue from the 2 garage spaces. 10.7% cap rate! Don't miss out.

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