8611 Yates Boulevard, South Chicago, Chicago, Illinois 60617


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$160,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built: 1921
Property Taxes: $4,114
Days On Market: 2618
Lot Size: 0,00
Map
Street View

Description

FHA 203K offers accepted starting August 8th. Get your 203k paperwork prepped now so we can close in August. This gorgeous 3 unit on Yates Boulevard is a rare find. Each spacious unit features a living room, dining room, great kitchen space along with 2 generous bedrooms with plenty of closet space. With some cosmetic updating, each unit can rent for $1150/mo to $1200/mo. After repair value of this beauty is $340K. Ask me how I know, because I just sold $7829 S. Chappel & it was an identical building exactly 1 mile away. That property was sold before it hit the market and had multiple back up offers on it. This is perfect for an investor who wants to buy, renovate & hold, or buy renovate & sell. The formula for either strategy works. New boiler was installed in 2017. Hardwood flooring throughout all 3 units. City of Chicago Violations can be cured very easily. Seller has a porch specialist who can remedy the porch violations with plans and permits. Owned by Licensed Real Estate Broker

Property Specifics

Multi-unit
1921
Full
No
Cook
— / —
Lake Michigan
Public Sewer
10028319
21313240040000

Property History

DATE: EVENT: PRICE: SOURCE:
24 Aug, 2018 Sold $160,000 MRED MLS
28 Jul, 2018 Under contract $175,000 MRED MLS
24 Jul, 2018 Listed for sale $175,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
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: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Unfinished,Exterior Access

Other Specifics

3
5000
Not in DB

Tax History

Year Property Taxes
2018 $4,114

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Listing Provided By

Dream Spots Leasing Inc