




Property Attributes
- MLS#10614411
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - South Shore
- NeighborhoodSouth Shore
- Zip60649
- Style
- Year Built1920
- Taxes2909
- Price$ 65,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5058
Listing Provided Courtesy Of:
Straight-A Realty, LLC
Property Description
South Shore is one of hottest neighborhoods for investors in the entire nation! According to Crain's Chicago Business in an article published on 1/15/2020, a Wisconsin investor just purchased a massive quantity of apartments in South Shore for $18 million dollars! "This deal shows how the rising South Shore apartment market is allowing investors to buy, renovate and then sell buildings at much higher prices than they paid for the properties." This 5-unit residential mixed use includes 4 two bed, one bath apartments and a sizable store front that have the potential to generate $6,000 per month in total rental income! This property qualifies as residential mixed use so feel free to reach out to your FHA 203k consultant! The projected after-repair-value of this property once renovated is approximately $365,000! Please act swiftly before the Venture Capital firms gobble this one up!
Price History | |
---|---|
1/20/2020 | Listed $70,000 |
8/3/2020 | 8% - $65,000 |
General Features
Contingency | Attorney/Inspection |
---|---|
Property Type | Mixed Use |
Property Type | Commercial Sale |
Roof | Membrane |
Standard Status | Active Under Contract |
Zoning | COMMR |
Exterior Features
Building Area Total | 5058 |
---|---|
Exterior | Brick |
Lot Dimensions | 25X125 |
Room Details
Room | Dimensions | Level | Flooring | Details |
---|---|---|---|---|
Dining Room | ||||
Family Room | ||||
Living Room | ||||
Master Bedroom |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool