Tools
Size
8
Bedrooms
Financial
$330,000
Change Currency
$2,408
Annual taxes
Listing Details
Multi Family
Property type
1961
Year Built
10686077
Web Id
11991715
MLS ID
68
Days Posted
Description
8825 S Cottage Grove Avenue, Chicago, IL 60619
Presenting a remarkable investment opportunity in the vibrant Chatham neighborhood of Chicago. This multi-unit property, located on South Cottage Grove, offers a unique blend of comfort, convenience and potential. The building features two spacious units, each with its own distinct charm, and a bonus third unit on the lower level. Each unit is currently tenant-occupied on a month-to-month basis, ensuring immediate income potential for the new owner. Both units are rented at a competitive rate of $1,350.00 each, reflecting the desirability of the location and the quality of the living spaces. The lower level is rented at $1150.00/monthly. The property also boasts a convenient laundry hook-up situated on the first floor rear, adding an extra layer of convenience for tenants. This feature not only enhances the prospective appeal of the units but also offers a potential additional income stream for the owner. Investors will appreciate that the building is being offered for sale with a preference for conventional,FHA or cash transactions, facilitating a smooth and expedient transfer process. This multi-unit building represents an excellent opportunity for both seasoned investors and those looking to enter the real estate market. Its prime location in Chatham, coupled with its solid income potential, makes it a must-see on your property list.
This is an Active listing.
Broker Office Phone Number: 847-495-5000
Copyright © 2024Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 847-495-5000
Copyright © 2024Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Radiator
Price History
date | Price | variance | type |
---|---|---|---|
2/29/2024 | $330,000 | - | Listed |
Listing By: Homesmart Connect LLC via Data Source: Midwest Real Estate Data, LLC
listing agent: Aris Snell