3-Unit Multi-Family in Avondale, Chicago

[Lakshmi Nikitha Duggirala]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Chicago.

Purchase price: $600,000
Cash invested: $27,000

HOUSE-HACK / OWNER-OCCUPIED!

This is a multi-unit building with two 2 bed, 1 bath units (1st floor and basement) and one 4 bed, 2 bath duplex (2nd floor and attic). I am currently renting out the duplex and the 2 bed, 1 bath on the first floor. The building was recently rennovated (finished a few months ago). Every floor has new appliances, granite countertops, new cabinets and in-unit laundry. There is an extra-wide lot in the back in which 3 - 4 cars can be parked.