Active
812 S Miller Street Unit: 3N
Chicago IL, 60607
$357,500
$275.00 per sqft
Active
3 Beds
2 Baths
1,300 sqft
Condos
Built in 1988
Courtesy of Baird & Warner
This is a prime investment opportunity in University Village/Little Italy, located just a block from the UIC campus. Unit 3N is a spacious 3-bedroom, 2-bath condo with 1,300 square feet of living space. The unit features premium finishes such as granite countertops, a fireplace, a pantry, and a charming Juliet balcony, all within an all-brick, Flexicore building with a newer roof. A parking space is also included. Currently rented to UIC students for $2,550 per month, this property provides reliable cash flow with a lease in place until July 31, 2025. Tenants pay all utilities, ensuring consistent and predictable income with minimal operating expenses. The unit's location near UIC ensures high demand, making it easy to rent year after year, and its proximity to local amenities adds to its appeal for both students and professionals. This is a turnkey investment requiring no immediate work, as the property is already tenant-occupied and income-producing. For investors looking to expand their portfolio, the adjacent Unit 3S, owned by the same seller, is also available for purchase. This presents a unique opportunity to secure two income-generating properties in a sought-after rental market.
12269413
MLSⓇ ID
January 12, 2025
Listed
January 18, 2025
Updated
Map
812 S Miller Street Unit: 3N
Chicago IL, 60607
Interior Features
Total Stories
4
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Appliances
Range, Microwave, Dishwasher, Refrigerator, Disposal
Laundry Description
Common Area
Fireplace
Yes
Fireplace Description
Wood Burning
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas, Forced Air
Exterior/Building Features
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - Near West Side
Taxes
$6,614
Tax Frequency
Annually
Days on Market
7
Association Fee
$280
Association Fee Frequency
Monthly
Association Amenities
Coin Laundry
Garage
No
Parking
Assigned
Parking Total
1
View
No
County
Cook
Municipality
West Chicago
Water Source
Lake Michigan
Pool
No
Courtesy of Baird & Warner, Felicia Johnson,
Listing Contact: 708-935-9897
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Data last updated 6:36 AM UTC, 1/18/2025