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2028 S 3RD AVE MAYWOOD, IL 60153
- Townhouse or Condo / Resale (MLS)
Property Details for 2028 S 3RD AVE, MAYWOOD, IL 60153
Features
- Lot Size: 7980 sq. ft.
- Total Units: 2
- Total Rooms: 5
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Stories: 150
- Roof Type: Asphalt
- Heating: 24
- Construction Type: Frame
- Exterior Walls: Masonry
Facts
- Year Built: 01/01/1925
- Property ID: 884985132
- MLS Number: 12133750
- Parcel Number: 15-14-321-021-0000
- Property Type: Townhouse or Condo
- County: COOK
- Legal Description: (STANNARDS) (SECOND) ADD TO (MAYWOOD) SUB OF EH OF SW SEC 14-39-12
- Listing Status: Active
Pre-Foreclosure Info
- Date Defaulted Lien: 05/14/2024
- Recording Date: 05/14/2024
- Recording Year: 2024
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. LOCATION LOCATION LOCATION! Family owned for over 40 years. OVERSIZED 60 foot wide lot with double wide driveway and 2 car garage. Building will be vacant for closing to the new owners . Available for quick closing. This2-flat investment property with a possible 3rd unit in the basement offers a unique opportunity for homeowners and investors seeking additional rental income or a space for extended family members. This 2-flat investment property with a basement unit has the potential for multiple streams of rental income. The two main units of the property, located on the first and second floors, can be rented out to tenants, generating consistent cash flow. Additionally, the basement unit, also known as an in-law suite, can serve as a separate living space for extended family members or be rented out to generate additional income. From a long-term investment perspective, this type of property offers the potential for equity growth and appreciation. As the property value increases over time, the homeowner or investor can benefit from capital appreciation. The potential for multiple streams of rental income, the flexibility of an in-law suite, and the potential for long-term appreciation make this type of property an attractive investment option.
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Property Brokerage:
Dream Town Realty
7280 W Devon Ave.
Chicago
IL
60631
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.