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1908 W 48th Street

Chicago, IL 60609
  • $899,900
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 12272647
UPDATED: 56 min ago
$899,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1914
County:
Area:

School Ratings & Info

Description

Welcome to 1908 West 48th Street, a prime investment opportunity nestled in the vibrant city of Chicago. This expansive property features fifteen bedrooms and seven bathrooms, offering a versatile layout that caters to a variety of living arrangements. Each unit within this property is equipped with separate furnaces, hot water tanks, and electric meters, ensuring convenience and efficiency for both tenants and owners. The property is heated with gas and features a forced air system, providing a cozy atmosphere during the colder months. A full basement offers additional storage space or potential for further development. Recent renovations include a new roof and back porch, enhancing the property's durability and aesthetic appeal. The two-car garage offers secure parking, while the fenced-in yard provides a private outdoor space for relaxation or entertainment. This property is fully rented to reliable tenants, making it a turnkey investment ready to generate income from day one. Whether you're looking to expand your investment portfolio or seeking a property with strong rental potential, 1908 West 48th Street is an opportunity not to be missed. Schedule your showing today and discover the potential of this cash-flowing asset.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-21T09:00:36.893 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1908 W 48th Street Chicago, IL 60609

  • Price: $899,900
  • Status: Active
  • On Site: 36 Days
  • Updated: 56 min ago
  • MLS #: 12272647
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1914
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Welcome to 1908 West 48th Street, a prime investment opportunity nestled in the vibrant city of Chicago. This expansive property features fifteen bedrooms and seven bathrooms, offering a versatile layout that caters to a variety of living arrangements. Each unit within this property is equipped with separate furnaces, hot water tanks, and electric meters, ensuring convenience and efficiency for both tenants and owners. The property is heated with gas and features a forced air system, providing a cozy atmosphere during the colder months. A full basement offers additional storage space or potential for further development. Recent renovations include a new roof and back porch, enhancing the property's durability and aesthetic appeal. The two-car garage offers secure parking, while the fenced-in yard provides a private outdoor space for relaxation or entertainment. This property is fully rented to reliable tenants, making it a turnkey investment ready to generate income from day one. Whether you're looking to expand your investment portfolio or seeking a property with strong rental potential, 1908 West 48th Street is an opportunity not to be missed. Schedule your showing today and discover the potential of this cash-flowing asset.
Exterior Features

Exterior Building Type Brick Roof Composition

Interior Features

Basement Unfinished Fireplaces Total 0 Heat Ventilation Central Heat/Indiv Controls Number Of Ranges 7

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Circuit BreakersSeparate MetersService - 101 to 200 Amps Gross Income 111600 Gross Scheduled Income 111600 Insurance Expense 10675 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 94860 Operating Expense 16740 Tax Annual Amount 3182.08 Tax Year 2023 Tenant Pays ElectricityHeatHot Water Total Monthly Income 9300 Township Lake Type Multi Family 5+ Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 773-466-7150.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-21T09:00:36.893 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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