Own a Duplex apartment building in Chicago's Southside Englewood Neighborhood and take advantage of a 9.9% Cap rate. The fully finished basement has two bedrooms, one bathroom, and coin laundry. As an investor or owner/occupant, you can benefit from the federal programmatic and tax advantages of being in the opportunity zone. Plus, the location is at the end of a cul-de-sac block right next to the 7th District Police Station, ensuring peace of mind. The property underwent rehab in 2020 and is well-maintained. Both units are fully leased under one-year contracts, with unit one having two bedrooms and one bathroom rented for $1250 monthly and unit two having three bedrooms and one bathroom for $1350 monthly. Each unit has beautifully finished hardwood floors, individual HVAC, in-building laundry services, and safe and secure access to Chicago's public transportation (CTA Bus/Green Line Train). The sale includes all appliances. Embrace the Resurgence of Value and Culture in Chicago's Greater Englewood Community while living in your new place with "Rise and Shine" paint colors. The community is actively reclaiming and beautifying its historic architecture and virtuous land. You can access fresh foods easily as Englewood Square is less than 5 minutes away. The square includes grocers that support local farms and produce providers, such as Woods Street Farm, a USDA-certified organic farm, and Goodness Greenness, one of the City's largest providers of certified organic produce.
