$595,000

322 S Kostner Avenue, Chicago, IL 60624

7 beds |
3 baths

Multi-Family Home
Built in 1907
—— sqft lot
2 car garage
$——/sqft
Listed 28 days ago

Property Description

Step into one of West Garfield Park's most strategic investment opportunities. This turn-key legal 3-unit offers immediate income potential and long-term appreciation upside, positioned in the heart of a targeted residential & commercial redevelopment zone where over 30 new multi-unit projects are slated to break ground next year. Each apartment has been expertly renovated with the modern finishes, new kitchens and baths, updated mechanicals, and separate utilities-providing a truly move-in ready low-maintenance experience. Perfect for owner-occupants using FHA or Conventional financing, or investors seeking a strong, cash flowing asset in a neighborhood on the rise. Highlights: *Fully renovated, inspection ready 3-unit building *Separate utilities & updated systems throughout *Strong rent potential supported by area comps *Minutes from CTA, I-290 & major West Side development corridors *Future new-construction projects will continue to elevate neighborhood value. Back on the market-not because of the property, but because of the buyer. Previous financing fell through: seller is now focused on qualified, ready-to-close buyers. Seller is a licensed developer with multiple new builds planned nearby, positioning this property at the forefront of West Garfield Park's transformation. Own now, benefit later. This is your chance to secure a fully renovated, income-producing property before the next wave of appreciation hits. Showing by appointment only. Pre-Approvals required.

Listing Status:: Active
Listing Office:: Hometown Real Estate Group LLC : 708-945-0924
Listing Agent:: Lawanda Gooden : 708-945-0924
MLS ID:: 12494016

Basement: FinishedFullWalk-Out Access
Heating: Natural Gas

Parking: YesGarage OwnedDetachedGarageParking spaces: 2

Originating MLS: mred
School District: 299
County: Cook

Zoning: 16151200450000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Lawanda Gooden, Hometown Real Estate Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hefferan Elementary School

4409 W Wilcox St, Chicago, IL, 60624

Grades PK-8

0.16 miles away

Hefferan Elementary School

4409 W Wilcox St, Chicago, IL, 60624

Grades PK-8

0.16 miles away

Legal Preparatory Academy Charter High School

4319 W Washington Blvd, Chicago, IL, 60624

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.