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$ 330,000
Est. payment /mo
Active Under Contract
8205 S Houston AVE Chicago, IL 60617
6 Beds
4 Baths
UPDATED:
11/26/2024 07:11 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12215683
Bedrooms 6
Year Built 1895
Annual Tax Amount $1,051
Tax Year 2022
Lot Dimensions 25X125
Property Description
Calling all investors and savvy first-time buyers! This 4-unit property is your perfect opportunity to own a home that practically pays for itself. Imagine moving into a newly rehabbed 2-bed unit while collecting rent from the other three fully-occupied units, currently generating $3,400 per month in rental income. Your mortgage could be covered from day one! Located in an up-and-coming area, this property is just minutes from the beach, Tiger Woods' golf course, and the highly anticipated Obama Presidential Center, ensuring long-term value appreciation. Whether you're looking to build your real estate portfolio or become a homeowner-investor, this property has it all. The first-floor unit has just been updated and is ready for its new owner. Don't miss this chance to own a cash-flowing investment in a rapidly growing neighborhood. Schedule your viewing today and secure your future!
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Sweeney • Baird & Warner