812 South Miller #3S, Chicago IL 60607
$357,500

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Property Description

This is a PRIME INVESTMENT opportunity in University Village/Little Italy, located just a block from the UIC campus. Unit 3S 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 3N, 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.

Features & Information

Key Details

  • List Price $357,500
  • Property Taxes 6617.51
  • Unit Floor Level 4
  • Square Feet 1300
  • Price/ Sq. Ft. $275
  • Year Built 1988
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 6
  • Master Bedroom

  • Master Bath F
  • Room Size 10X14
  • Bedroom 2

  • Room Size 10X13
  • Floor Level Main Level
  • Flooring Hardwood
  • Bedroom 3

  • Room Size 10X11
  • Floor Level Main Level
  • Flooring Hardwood
  • Living Room

  • Room Size 17X20
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size COMBO
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 8X10
  • Kitchen Type Galley
  • Floor Level Main Level
  • Flooring Hardwood

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, Disposal
  • Heating & Cooling

  • Heating Type Gas, Forced Air
  • Fireplace

  • # of Fireplaces 1
  • Type of Fireplace Wood Burning

Exterior Features

  • Parking

  • Parking Space/s
  • # of Cars 1
  • Parking Details Assigned Spaces,Off Alley

Building Information

  • Number of Units 7
  • Age of Building 31-40 Years
  • Exterior Construction Brick
  • Common Area Amenities Coin Laundry
  • Pets

  • Pets Allowed? N

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Taylor Street To Miller North To Home
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 6617.51
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17174200621006

Utilities

  • Sewer Sewer-Publ

Listed by Felicia Johnson for Baird & Warner | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 1/21/2025 10:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore University Village

Italian ice,the origins of the hotdog and backpack-toting college students are just a sampling of the rich cultural backdrop of this near southwest side Chicago setting.University Village/Little Italy is a union of two separate communities that have merged as one, bringing the best of both worlds to a single Chicago neighborhood. The University of Illinois Chicago campus instills a collegiate sensibility with faculty and students milling about, while the blocks of Little Italy present a much quainter appeal with friendly front stoops occupied by groups of neighbors gathered to chat. Much anticipated Little Italy street festivals and holiday parades give community members even more reason to congregate, along with throngs of other Chicagoans who come to partake in the fun. Lying catty-corner to the Chicago Loop, this neighborhood's proximity to the bustling city center is convenient, without marring the area's characteristic Old World charm. A quick ride on the Blue Line Eltrain or a short trip on the Eisenhower Expressway will get you right downtown in minutes.

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