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$357,500

Beds
3
Baths
2.0
sq ft
1,300

812 S Miller St Unit 3N, Chicago, IL 60607

812 S Miller St Unit 3N

Chicago, IL 60607

  • 41 days on market
This is a prime investment opportunity in University Village/Little Italy, located just a block from the UIC campus. Unit 3N is a spacious 3-bedroom, 2-bath condo with 1,300 square feet of living space. The unit features premium finishes such as granite countertops, a fireplace, a pantry, and a charming Juliet balcony, all within an all-brick, Flexicore building with a newer roof. A parking space is also included. Currently rented to UIC students for $2,550 per month, this property provides reliable cash flow with a lease in place until July 31, 2025. Tenants pay all utilities, ensuring consistent and predictable income with minimal operating expenses. The unit's location near UIC ensures high demand, making it easy to rent year after year, and its proximity to local amenities adds to its appeal for both students and professionals. This is a turnkey investment requiring no immediate work, as the property is already tenant-occupied and income-producing. For investors looking to expand their portfolio, the adjacent Unit 3S, owned by the same seller, is also available for purchase. This presents a unique opportunity to secure two income-generating properties in a sought-after rental market.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$275

Year built

1988

Annual property taxes

$6,614.35

Monthly HOA fee

$378

Price History

01/12/2025
MRED

MRED #12269413

Listed
$357,500
-4.67%
08/04/2024
MRED

MRED #12046689

Removed
$375,000
06/15/2024
MRED

MRED #12046689

Price change
$375,000
-3.82%

Schools & Community

Neighborhood: 

University Village - Little Italy

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

299

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Status: Active

Tomo last checked: 02/22/2025 at 3:30 PM

Listing updated: 02/11/2025 at 3:14 AM

Listed by: Felicia Johnson, Baird & Warner Phone #: (708) 460-1400

MLS: MRED #12269413

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