7947 Escanaba Avenue, South Chicago, Chicago, Illinois 60617


$387,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 9
Baths: 0
Year Built: 2006
Property Taxes: $2,246
Days On Market: 1546
Lot Size: 0,00
Map
Street View

Description

PERFECT WAY TO START THE YEAR, INSTANT RENTAL INCOME!!!***Attention...Investors Looking For Instant ROI...Look No Further!!!If You Want To Score - Airbnb (average $300-$500 per night for area) It!!! There's Unbelievable Income Potential!!!Also, YOU Can LIVE IN IT FOR FREE WHILE TENANTS TAKE CARE OF EXPENSES in remaining units -1ST & 2ND FLOOR UNITS ARE VACANT! You Decide Which Option Works Best for You. It's Turn key Ready To Meet Your Goals!!! This Like New (less then 20 yrs old)-Partially Leased Southshore Building Has Finishes That Don't Disappoint & It's a couple of minutes from the beach - Lake Michigan!!! You won't have to worry about common things (plumbing, electrical, roof-replaced in 2021***, etc.) that wear out with those so called "totally rehabbed" - 100 year old buildings. This GIGANTIC - BRICK 3 UNIT Building has 3 BEDROOMS in each unit, 1 BATH AND - An IN UNIT LAUNDRY HOOK UP for occupant's convenience. All Kitchens have STAINLESS STEEL APPLIANCES (REFRIGERATOR, OVEN/RANGE STOVE AND MICROWAVE). These luxury units also have individually controlled Central Air (HVAC systems). There's a combination of Hardwood & ceramic flooring, with some bedrooms that have carpeting for those that prefer. The Third FLOOR unit has INCREDIBLE SPACE WITH CATHREDAL CEILINGS, with a PRIVATE ENTRANCE from the main hallway that gives a duplex/penthouse feel. All units have individual Rear Deck Areas perfect for responsible entertaining considering the back porch system is STEEL. This is a GREAT INVESTMENT FOR RENTAL INCOME (market could yield more then currently receiving based on current rents), Airbnb OR A CONDO CONVERSION! LOW TAXES! ***IN THIS LOW INVENTORY, HIGH DEMAND MARKET THIS WON'T LAST. HURRY FOR YOUR CHANCE TO OWN THIS, Schedule your showing NOW!!!

Property Specifics

Multi-unit
2006
No
0
Cook
— / —
11280641
21312020530000

Property History

DATE: EVENT: PRICE: SOURCE:
22 Jan, 2019 Sold $302,000 MRED MLS
4 Dec, 2018 Under contract $295,000 MRED MLS
Last price change $290,000 MRED MLS
27 Sep, 2018 Listed for sale $295,000 MRED MLS
6 May, 2022 Sold $387,000 MRED MLS
1 Mar, 2022 Under contract $399,900 MRED MLS
3 Dec, 2021 Listed for sale $399,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Other

Other Specifics

25X125
Not in DB

Tax History

Year Property Taxes
2019 $1,058
2022 $2,246

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Listing Provided By

CCB Realty Group, LLC