334 W 29th Street,Chicago, IL 60616
Chicago, IL 60616
Description
Prime 6-Unit Investment Property in the Heart of Armour Square, Near Chinatown. Exceptional opportunity to own a solid, six-unit building ideally located in Armour Square, just minutes from the vibrant Chinatown neighborhood. The front building comprises five units: a spacious first-floor space, two units on the second floor, and two additional units on the third floor. A separate, remodeled coach house at the rear of the property serves as the sixth unit. Two of the units, including the coach house, have been tastefully renovated. The remaining units are occupied by long-term tenants and may benefit from future updates, offering excellent value-add potential. Conveniently situated within walking distance of James Ward Elementary School, and close to Downtown Chicago, major highways, and public transportation. This is a good chance to invest in a high-demand area with strong rental appeal and long-term growth prospects. Don't miss this outstanding investment opportunity and contact us today to schedule a tour!
Details
| MLS # | 12672468 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1892 |
| Days On Site | 130 |
| Listing Provided By | Mango Realty Group | Man Ching Ng |
Features
| Story(s) | 3 |
|---|---|
| Units | 6 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Fireplaces Total | 0 |
Exterior
| Foundation Details | Concrete Perimeter |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 12811.34 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60616 |
| Area | CHI Armour Square |
| Listing VS Median (in 60616) | |
Price: $988,000 low | high Med: $277,000 On site: 130 low | high Med: 11 | |
Market Activity 60616
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60616 |
| Area | CHI Armour Square |
| Listing VS Median (in 60616) | |
Price: $988,000 low | high Med: $277,000 On site: 130 low | high Med: 11 | |
