Home Details for 256 N Keeler Avenue

Outstanding investment opportunity! This 6-unit apartment building features 2 three-bedroom/1 bath units and 4 two-bedroom/1 bath units, all well-maintained and fully leased. Each apartment is equipped with its own furnace, central (rooftop) A/C, and hot water tank - tenants are responsible for their own utility costs - making this a low-expense, high-yield property. Tenants pay for their own internet and cable. Highlights: Consistent occupancy: Several tenants in place 5+ years, with only one turnover in the past year. All units include carpeted bedrooms and owner-supplied stoves and refrigerators. Roof: Modified bitumen (torch-down) roof, 4 years old, under warranty. Exterior: One porch replaced 3 years ago. Lower level: Flexible common area with shower and fireplace, perfect for a lounge, gym, or additional tenant amenity. Located: Across from Tilton Grade School and only 1.5 blocks from the Pulaski Green Line EL stop, offering easy commuter access and family-friendly surroundings. Investment Advantages: The property lies within both an Illinois Empowerment Zone and a Federal Enterprise Zone, providing potential tax exemptions on building materials and equipment, utility cost exemptions, and investment tax credits - all enhancing your return on investment. All together this is a stable, income-generating property in a desirable, transit-accessible location - easy to manage and ready to perform from day one! The sale will be "AS IS"

• Basement

  • Partially Finished
  • Bath/Stubbed

• Utilities

  • Water Available