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1016 East Division Street


West Town


Whether you’re considering selling or buying a multi-family property, the time is ripe for action.. Buyers can unlock New Opportunities with as low as 5% down (owner occupy) with the changing landscape in the multi-family space as the recent decision by Fannie Mae and Freddie Mac to lower the required down payment for owner-occupant purchases. The down payment requirement has dropped from 15%-25% to an astonishingly low 5% for 2-4 unit properties. This move has opened the doors for new buyers, creating a surge in demand for multi-family units in Chicago. Sellers looking to exit could be in a great position with this increased demand.

Property Type





Half Baths


Square Footage


Unit Count


Year Built



West Town

Multi Family

Property Details

Listing Agent:

Jason Rowland


Attention Investors, a full masonry 6-flat in Lombard. Each layout offers a large floorplan with eat-in kitchens, oversized bedrooms, and Hardwood floors. Four of the units have had kitchen and bath updates, so options to renovate the remaining two apartments exist. Separate gas meters & hot water heaters - tenants pay for their hot water & cooking gas. Unit mix offers Two 2bed/1bath and four 1bed/1bath apartments. Great location backing up to Prairie Path ** Garage and laundry draw additional income.

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