1030 West Oakdale Avenue
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.
Occupied and currently leased now . exp. 6/30/23 exp. 7/31/23. Leasable as is but could increase rents significantly with moderate rehab. On a beautiful block could be transformed into a single family or knock down and build new. Floor plans under addl information.