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$ 360,000
Est. payment /mo
New
843 N Waller AVE Chicago, IL 60651
7 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12622520
Style Victorian
Bedrooms 7
Year Built 1868
Annual Tax Amount $4,009
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
Rare Triple-Threat Victorian in the Heart of Austin's Revitalization! Positioned in a rapidly developing pocket where rehab activity is surging, this grand 3-unit frame building is the ultimate strategic asset for investors or "house-hackers." The property offers a versatile, high-demand unit mix: a massive 3BD/2BTH, a 2BD/2BTH, and a 2BD/1BTH. Architectural Soul & Investor Efficiency: Step into units defined by soaring high ceilings, gleaming hardwood floors, and formal dining rooms in the primary levels that evoke timeless Victorian character. While the aesthetic is classic, the mechanicals are optimized for maximum cash flow. Featuring newer, separate heating and hot water units, tenants pay all their own electric and gas, keeping your owner expenses predictable and your margins high. The Financial Edge: With exceptionally low taxes to dramatically boost your NOI from day one, this building is a powerhouse for any portfolio. Perfectly situated for commuters with CTA service and School Bus access steps away, it offers the convenience tenants crave. Capitalize on the neighborhood's upward momentum and active rehab corridor. Whether you are looking for a high-performing addition to your holdings or a stunning primary residence that pays for itself, this is the one. Properties of this scale and mechanical condition are a rarity-schedule your showing today before the opportunity is gone!
Location
State IL
County Cook
Area Chi - Austin
Body of Water VINTAGE
Rooms
Basement Unfinished, Full
Interior
Heating Steam, Radiator(s)
Fireplace N
Exterior
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Fady Ishak of REMAX Legends