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11814 S Hale Avenue Chicago, IL 60643 Multi Unit - Multiple New

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  • 11814 S Hale Avenue , Chicago, IL 60643 Main Photo

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Description

Exceptional investment opportunity in the highly sought after Morgan Park/Beverly/19th Ward area, located within a CHA Mobility Zone. This legal three unit has been beautifully maintained and offers strong, consistent cash flow. The first and second floor units each feature two bedrooms plus a bonus room, spacious living rooms, large eat in kitchens, crown molding, and hardwood floors. The second floor unit also includes a private balcony. Both units are approximately 1,200 sq ft. The 1 bedroom garden apartment offers a fully equipped kitchen, dedicated eating area, comfortable living room, and approximately 800 sq ft of living space. Each unit is equipped with individual HVAC, central air, and separate water heaters. Major updates include new windows, plumbing, and electrical systems (2016), plus new furnaces (one installed in 2022 and two in 2025). Additional features include three rear parking spaces and coin operated laundry in the basement. The property is fully occupied and performing well. Broker owned.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
High School: Morgan Park High School
Listed By:
Coldwell Banker Realty 708-424-4000
MRED MLS
$499,999
Est. $3,208/mo
5beds
3baths
New to the Market New
BEDS5 BATHS3 full MLS#12613457
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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11814 S Hale Avenue , Chicago, IL 60643.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $499,999$499,999$499,999
Down Payment $100,000$17,500$125,000
Monthly Mortgage Amount $2,366$2,943$3,039
Taxes $696$696$696
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,208$4,005$3,881

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