Property Manager · Chicago, IL · Member since 2017 · 10 posts · 6 votes
2-units plus full attic and basement
Average rents in area $1,100 so your gross rent can be $2,200 or more. Make repairs and collect rent. Currently vacant, come see the potential. Duplex down to basement or up to attic for additional rent potential.
Just 3 blocks from Kennedy King College and the new Whole Foods. This area is being redeveloped and appreciating.
Taxes $3,114.51 per year
ARV $150K. Comparables - frame 2-flats within 1 mile:
5948 S Peoria St Chicago IL 60621 $156,000 sold 8/1/16 7006 S Normal Ave , Chicago, Illinois 60621 $149,350 active 5921 S Sangamon St , Chicago, Illinois 60621 $139,000 active
- We have equitable interest in the property and we are selling our contract. - Cash or private/ hard money only. - Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees. - Buyer will receive taxes prorated to 100 percent and free and clear title - Please do all your inspections and due diligence up front before contracting. - Proof of funds required for viewing
Daniel, this property is still available. I dont have any other multi-units to offer. Let me know if you are interested in this one. If you are ready to close quick, I can give you a break on price.