8611 Yates Boulevard, South Chicago, Chicago, Illinois 60617
$160,000
Sold
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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 |
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 | |
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1921 | |
Full | |
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No | |
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Cook | |
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— / — | |
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Lake Michigan | |
Public Sewer | |
10028319 | |
21313240040000 |
Property History
DATE: | EVENT: | PRICE: | SOURCE: |
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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 |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished,Exterior Access
Other Specifics
3 | |
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5000 | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2018 | $4,114 |
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Listing Provided By
Dream Spots Leasing Inc