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321 South Washtenaw Avenue Chicago, IL 60612

Sponsored
For Sale
$875,000

New construction, 3x 2bd/2ba units. Excellent rental potential.

Property size:
3,600 SF

Description

Added:
Jan 17, 2025
Days on Market:
362
This exceptional investment opportunity presents a newly constructed (2022) three-unit multifamily property located in the vibrant East Garfield Park neighborhood of Chicago, Illinois, at 321 South Washtenaw Avenue, zip code 60612. Each of the three units boasts two bedrooms and two bathrooms, offering comfortable and modern living spaces. High-quality finishes are evident throughout, including stainless steel appliances and elegant quartz countertops in each kitchen. Residents will appreciate the convenience of in-unit laundry facilities, eliminating the need for shared laundry spaces. Furthermore, each unit is equipped with its own water heater and high-efficiency furnace with air conditioning, ensuring individual climate control and energy efficiency. The property sits on a lot of approximately 0.08 acres, providing ample space for the building. The total building size is 3600 square feet. This property is ideal for investors seeking a strong return on investment in a rapidly developing area. The property's modern amenities and desirable location make it highly attractive to renters, promising consistent occupancy and rental income. This turnkey investment is ready for immediate occupancy and income generation.

Property Features for 321 South Washtenaw Avenue

General Information

Property type
Multifamily properties
Square Feet
3,600 SF
Price / Square Foot
$243
Elevators
N/A
Lot Size
3,600 SF

Building Details

Buildings
1
Stories
3
Units
3

HighLights

  • Brand new 3‑unit multifamily building in East Garfield Park, Chicago.
  • Each unit boasts 2 bedrooms, 2 bathrooms, and in‑unit laundry.
  • Modern finishes include stainless steel appliances and quartz countertops.
Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

City
Chicago
State
Illinois

FAQs

What type of property is this?
Multifamily property - New construction, 3x 2bd/2ba units. Excellent rental potential.
Where is this multifamily property located?
The property is located at 321 South Washtenaw Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Brand new 3-unit multifamily building in East Garfield Park, Chicago.; Each unit boasts 2 bedrooms, 2 bathrooms, and in-unit laundry.; Modern finishes include stainless steel appliances and quartz countertops.
More about this property
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