6830 Prairie Avenue, Greater Grand Crossing, Chicago, Illinois 60637
$87,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,772 |
| Cost/Sqft: | $51 |
| Beds: | 4 |
| Baths: | 2 |
| Year Built: | 1920 |
| Property Taxes: | $2,681 |
| Days On Market: | 2110 |
| Lot Size: | 0,10 |
Description
Attention all investors! Do we have an opportunity for you on this. Priced way below market value and ready for a quick sale. This property is corporate owned and used as a rental unit. There's currently a HCV (Section 8) renter who has been there for three years. Great tenant, any investor would be happy to own this guaranteed money maker. This property is being rented at $1400 a month. Get about a 17% cap rate on a cash for cash investment And with today's rates and a 40% cap rate with a conventional investment loan on the initial investment of 25% down payment. This property has 4 bedrooms, 2 full bathrooms and a full finished basement. This home was a full gut rehab inside and out with brand new everything, from hvac, roof, windows, appliances and more. Was also recently updated in 2017. This is one of three listed properties 6830 S. Prairie, 7145 S. Maplewood and 7632 Rhodes. Seller may consider a package deal if someone was interested in all three.
Property Specifics
| Single Family | |
| — | |
| Bungalow | |
| 1920 | |
| Full, English | |
| Brick | |
| — | |
| — | |
| No | |
| 0.1 |
| Cook | |
| — | |
| 0 / Not Applicable | |
| None | |
| Lake Michigan | |
| Public Sewer | |
| None | |
| Natural Gas | |
| 10973978 | |
| 20223090320000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 10 Feb, 2011 | Sold | $13,500 | MRED MLS |
| 31 Dec, 2010 | Under contract | $14,850 | MRED MLS |
| 13 Dec, 2010 | Listed for sale | $14,850 | MRED MLS |
| 5 Mar, 2021 | Sold | $87,000 | MRED MLS |
| 4 Feb, 2021 | Under contract | $90,000 | MRED MLS |
| 19 Jan, 2021 | Listed for sale | $90,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 1
Rooms: No additional rooms
Other Specifics
| — | |
| — | |
| None | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 25 X 125 | |
| — | |
| None | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2011 | $1,897 |
| 2021 | $2,681 |
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Listing Provided By
HomeSmart Realty Group
