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Darvel Desroches

Broker Associate

he closed over $78 million of real estate development projects, including a mixed-use student housing.

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314 E 70th Street

314 E 70th Street, Chicago, IL 60637

Turn Key Investor Special in the Woodlawn/Park Manor 60637 area close to the University of Chicago and the Obama Library. This huge brick 2 unit building consist of a 4 bedroom first floor apartment with rear enclosed porch and laundry hook up; and a 3 bedroom second floor apartment with a pantry. Both units were renovated in 2023 with newer appliances. Units are fully leased out with Section 8 tenants; tenants pay their own electricity and heat. Sit back, collect rent, and earn 10% annual return on your money while watching the area continue to appreciate in value. This property is perfect for the 1st time investor or an out of state investor looking to enter the hot 60637 neighborhood.

Features & Amenities

Interior

Total Bedrooms 7
Total Bathrooms 2

Exterior

Water Source Lake Michigan
Heat Type Natural Gas
Sewer Public Sewer

Area & Lot

Status For Sale
MLS® ID 12101007
Type Residential
Year Built 1915
School District 299

Financial

SALES PRICE $279,900
REAL ESTATE TAXES $2,881/yr

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