8726 Escanaba Avenue, South Chicago, Chicago, Illinois 60617


$50,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1900
Property Taxes: $3,711
Days On Market: 2356
Lot Size: 0,07
Map
Street View

Description

Are you looking for consistent passive income!? Then buy this 4 unit multi-family property ASAP! Don't miss out on the opportunity to purchase, renovate and rent out this cash flow machine in South Chicago for a steal! Much of the hard work has already been completed for you! This 4 unit located in the South Chicago neighborhood will produce approximately $4,000 per month in gross revenue after the property is renovated and each unit is rented! Tenants will pay their own electric and gas! At this price you cant lose! Fun fact - 2018 set a new record for commercial/multifamily lending! Multifamily properties led the list of investments in what was a record year of commercial and multifamily lending. Don't miss out on your opportunity! Property has a double lot!

Property Specifics

Multi-unit
1900
4-UNIT
No
0.07
Cook
— / —
10343326
26062000280000

Property History

DATE: EVENT: PRICE: SOURCE:
21 Feb, 2008 Sold $73,500 MRED MLS
31 Jan, 2008 Under contract $79,900 MRED MLS
Last price change $95,500 MRED MLS
30 Jul, 2007 Listed for sale $159,900 MRED MLS
28 Mar, 2016 Sold $30,000 MRED MLS
25 Feb, 2016 Under contract $32,500 MRED MLS
18 Feb, 2016 Listed for sale $32,500 MRED MLS
28 May, 2019 Sold $50,000 MRED MLS
13 May, 2019 Under contract $49,500 MRED MLS
13 Apr, 2019 Listed for sale $49,500 MRED MLS
19 Oct, 2022 Sold $389,000 MRED MLS
8 Sep, 2022 Under contract $425,000 MRED MLS
Last price change $435,000 MRED MLS
6 Jun, 2022 Listed for sale $445,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
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: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

3475
Not in DB

Tax History

Year Property Taxes
2008 $2,127
2016 $2,984
2019 $3,711
2022 $1,735

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Listing Provided By

Straight-A Realty, LLC