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OPPORTUNITY KNOCKS! A great opportunity for an investor in the quickly developing neighborhood of Calumet Park! Don't miss out on this fully stabilized and well maintained 2-flat frame building with long term tenants. Unit #1 is a 5 bed, 2 bath duplexed apartment and Unit #2 is a 2 bed, 1 bath apartment. Units are being rented below market value. Applying cosmetic upgrades would enable the new owner to maximize cash flow - receiving up to $1,100 for a renovated 2 bedroom unit and up to $1,700 for the duplexed 5 bedroom unit, that's $2,800 per month in gross rental income! Other notable features include a huge fenced backyard and spacious bedrooms, newer water heater, and newer HVAC. Located at the end of a roundabout, eliminating heavy through traffic. Near recreational parks, public transportation and retail. ALL UNITS ARE FULLY OCCUPIED - please do not disturb the tenants. Units are perfect opportunity for Section 8! Please act swiftly as this opportunity will not last long!

Property Details of 12311 South Peoria Street

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Listed by Michael Applegate of Straight-A Realty, LLC

Based on information submitted to MRED  as of March 7, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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