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Listed by Charis Romanachof Black Label Realty Co.
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Est. payment /mo
4 Beds
6,098 Sqft Lot
Open House
Sat Oct 17, 11:00am - 1:00pm
Sun Oct 18, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12785191
Style Ranch
Bedrooms 4
Year Built 1950
Annual Tax Amount $9,250
Tax Year 2025
Lot Size 6,098 Sqft
Lot Dimensions 6525
Property Sub-Type Two to Four Units
Property Description
WELCOME TO 1125 WADSWORTH AVE: A TURNKEY, FULL RENTED 2-UNIT INVESTMENT BRICK HOME with a total of 4 bedrooms and 3 bathrooms. Come see this exceptional opportunity to own an updated, income-producing brick, two-unit property featuring a spacious 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit. With a proven history of consistent occupancy and established, reliable tenants, this property offers investors immediate rental income, minimal anticipated maintenance, and excellent long-term investment potential. Extensively renovated within the last five years, both units feature updated kitchens with stainless steel appliances, three remodeled bathrooms, updated flooring, windows, doors, trim, drywall, insulation, plumbing, and electrical systems. Major capital improvements include two furnaces, two central AC units, two water heaters, updated electrical panels, roof, soffits, fascia, and gutters, all installed within the last five years. Separately metered utilities help streamline property management and minimize owner expenses. Each unit also features its own full basement providing generous storage and potential for future expansion. Additional highlights include a 1.5-car garage with updated doors and a beautiful fireplace in one of the units as well. Whether you're expanding an established portfolio or purchasing your first multifamily investment, this property checks the boxes: consistent rental history, dependable tenants, substantial capital improvements, and separate utilities. An excellent opportunity to acquire a well-maintained, income-producing asset without the hassle of a major renovation. **EASY TO SHOW WITH 24 HOURS' NOTICE!** VA & FHA READY! See additional listing information for current rent rolls.**
Location
State IL
County Lake
Community Curbs, Sidewalks, Street Lights
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 1.5
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 187, 187, 187
Others
Ownership Fee Simple
Special Listing Condition None
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