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27
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4
Votes
Felicia Bell
  • Commercial Real Estate Agent
  • Chicago, IL
4
Votes |
27
Posts

2-Flat Rehab in Chicago For Only $35,000!

Felicia Bell
  • Commercial Real Estate Agent
  • Chicago, IL
Posted Sep 13 2014, 08:55

Gorgeous 2-flat next to the Gary Comer Center (home of the South Shore Drill Team) is ready for rehab. 

The Deal: 

- Easily rent both units for $1,500 or sell to a landlord OR owner occupant
- $150,000 after repair value
- $70,000 repair estimate

***********************Asking price is only $35,000***********************

**************Owner Also Willing To Partner on the Deal**************

Click link below for photos

http://postlets.com/s/7136-s-ingleside-ave-chicago-il-60619/12276556

GREAT location!
* Next to Gary Comer Center and Gary Comer College Prep charter school
* Police station at 71st and Cottage Grove is 3 blocks away
* Easy access to major streets (Cottage Grove, Stony Island) and expressways (Dan Ryan, Lake Shore Drive)

HUGE Property!
* Both 3-bed / 1-bath units are huge, with large bay windows, spacious bedrooms and vintage charm
* Siding is in great condition...roof is in stable condition
* Newer porch is to code
* Separately metered utilities
* Needs new kitchens and bathrooms
* Basement is ready for coin operated laundry
* 2-car garage in great condition

Check out the South Shore Drill Team in action...your potential customers!!
https://www.youtube.com/v/q9K-AF7NxAQ

http://vimeo.com/71999406 Show less