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2849 S Kolin Avenue Chicago, IL 60623 • Multi Unit - Multiple • Contingent

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Description

Turnkey 2-unit investment opportunity in the heart of Little Village-perfect for investors or owner-occupants looking to generate income in a high-demand rental area. This well-maintained property features separate utilities, individual furnaces, and central AC for each unit, making it both efficient and tenant-friendly. Major updates include roof (2019), furnaces (2019), central AC (2020), and a newer water heater (2025)-offering peace of mind and reduced maintenance moving forward. Located just minutes from the CTA Orange Line, providing direct access to Downtown Chicago and Midway Airport-a major draw for tenants and commuters. Conveniently near the vibrant 26th Street corridor, known for its shopping, dining, and local businesses, along with easy access to I-55 for seamless travel throughout the city. Surrounded by parks, schools, and everyday amenities, this property sits in a high-demand rental pocket with strong long-term growth potential.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
Listed By:
Realty of America, LLC 708-788-1900
MRED MLS
$320,000
Est. $2,080/mo
4beds
2baths
Contingent
BEDS4 BATHS2 full MLS#12621907
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299
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Melissa Bowman
 (309) 714-7018

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2849 S Kolin Avenue, Chicago, IL 60623.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $320,000$320,000$320,000
Down Payment $64,000$11,200$80,000
Monthly Mortgage Amount $1,535$1,884$1,961
Taxes $445$445$445
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$141$0
Monthly Estimated Total $2,080$2,570$2,506

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