8736 Buffalo Avenue, South Chicago, Chicago, Illinois 60617
$305,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 16 |
| Baths: | 0 |
| Year Built: | 1894 |
| Property Taxes: | $2,605 |
| Days On Market: | 3499 |
| Lot Size: | 0,08 |
Description
Huge price reduction! A real investment property here. 2.75+ dscr, 14% IRR/caps. Impossible to find. Right in the middle of mccaffery interests southworx development. Contained fire on 2nd floor in 2012 allowed for remodeling of entire premises. Have ALL records. $250k invested. 4th unit is 4bd/2bth Coach House remodeled in 2009, and new HVAC added in 2012. Main bldg-condo (rental) quality upgrades throughout each unit, NEW TPO commercial 4mil membrane 30 year roof, parapet walls/tiling/limestone, new tuckpointing, HVAC, plumb/elec 200amp, carpentry, kitchen/baths, hardwood, commercial black aluminum front window/regular windows all around, huge basement with coin laundry, 4 individual storage rooms for tenants, workshop and bath for owner, nice back yard, great community and charter school 1 block away, new metra station one block away. Agent owned for 8 years. Never a vacancy. CHA HCV program pays $1250.00 per unit main building/$1450 on coach indicated by current data
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1894 | |
| Full | |
| — | |
| No | |
| 0.08 |
| Cook | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 09204230 | |
| 26051000360000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Mar, 2008 | Sold | $194,000 | MRED MLS |
| 13 Feb, 2008 | Under contract | $195,900 | MRED MLS |
| 1 Feb, 2008 | Listed for sale | $195,900 | MRED MLS |
| 11 Jan, 2017 | Sold | $305,000 | MRED MLS |
| 1 Sep, 2016 | Under contract | $339,900 | MRED MLS |
| — | Last price change | $379,900 | MRED MLS |
| 21 Apr, 2016 | Listed for sale | $379,900 | MRED MLS |
| 11 Dec, 2019 | Sold | $319,900 | MRED MLS |
| 25 Oct, 2019 | Under contract | $319,900 | MRED MLS |
| 18 Sep, 2019 | Listed for sale | $319,900 | MRED MLS |
Room Specifics
Total Bedrooms: 16
Bedrooms Above Ground: 16
Bedrooms Below Ground: 0
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Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: —
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Basement Description: Partially Finished,Exterior Access
Other Specifics
| — | |
| — | |
| — | |
| Balcony, Deck, Patio, Breezeway | |
| Fenced Yard | |
| 30X165 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2008 | $2,467 |
| 2017 | $2,605 |
| 2019 | $5,886 |
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Listing Provided By
Berkshire Hathaway HomeServices KoenigRubloff
