Elegant and Expansive
Welcome to 350 E 74th, a multi-family home located in the historic Park Manor neighborhood of Chicago, IL. Built in 1922, this spacious residence features 4 units, each with 3 bedrooms and 1.5 bathrooms, totaling 4,272 square feet of living space on a 5,796 square-foot lot. The sturdy masonry foundation ensures lasting durability, making this property a prime choice for families and investors alike.
Community Highlights
The Park Manor neighborhood offers a rich array of amenities and local attractions. Residents can enjoy outdoor activities at Meyering Park, indulge in local culinary favorites at Lem’s Bar-B-Q and Maxwell Street Polish, and conveniently shop at the nearby ALDI. Additionally, the neighborhood boasts historical charm with landmarks such as Al Capone’s Chicago Manor, adding unique cultural flavor to the area.
Investment Potential
350 E 74th presents a robust investment opportunity, with an expected yearly income of 9.49%. Priced at $586,264 and featuring a $10,000 renovation budget, this property is positioned for significant returns. The renovation budget will cover necessary updates, enhancing the property’s appeal and market value.
Proximity to other RealT properties like 8003 S Ingleside and 618 E 79th ensures efficient resource sharing and streamlined management, optimizing overall investment performance and profitability.
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