Don't miss this exceptional investment opportunity in the historically significant Greater Chatham community! This all-brick, 8-unit property is located in the Park Manor/Grand Crossing area, just 2 minutes from the Metra and close to parks and bike trails. With approximately 260 historic Chicago-style brick bungalows nearby, the neighborhood boasts unique charm and community spirit. Exciting developments are on the horizon, including the **20 million Xchange Chicago** tech training center opening in 2024, projected to create 100 jobs and provide a 70 million economic impact. The **Greater Chatham Initiative** is actively improving the area, ensuring robust growth. Recent updates include beautifully renovated hallways and back porches, enhancing the property's appeal. With a cash-on-cash return of **6.7**, a new rubber roof installed in 2019, and long-term tenants in place, this property is priced to sell and offers significant upside potential. Act quickly-this opportunity won't last long! Contact 8478816176 for access to the property, must provide financing info for showing .
Calling all Investors! Turn this 4 bed 2 bath home into a DREAM! Its waiting for you to finish it off. As-is sale.
Great investment opportunity with this all brick 2 flat with 4 units! This building was recently updated in 2019 with new kitchens, furnaces, new tile, new windows, new roof and more. It features two front & two rear units with beautiful hardwood floors. The front 2 units are 2 bd/1 bth and the rear two units are 1 bd/1 bth. Large basement with two laundry areas and lots of storage. First floor units have central HVAC and the second floor units have baseboard heating units. Two units are currently tenant occupied with the tenants looking to stay! One of the vacant units already has interest from a potential renter. This is truly the perfect investment/income opportunity! Large backyard and 2 exterior parking spaces. Close to public transit, major highways, restaurants, shopping and more. Schedule your showing today!
Solid brick building with 5 rooms and enclosed porch on each floor. Building rehabbed in 2023 New Roof in 2023, New electricals 2023, New Plumbing 2023, New Heating System in 2023. 1st floor is vacant. 2nd floor currently occupied Property is being sold as is, where is.
Calling all investors. Beautiful Brick Bungalow that has been completely renovated includes 5 bedrooms 3 baths. All new updated plumbing and electric. New Windows throughout. High End finishes in bathrooms. Full finished basement, including a family room. High End stainless steel appliances. Gated entry on property. Property is rented with great tenants. Tenant's lease ends September 30, 2024. Will move if buyer wants to occupy. This is a Must See!!!
Charming 3 bed / 2.1 bath brick ranch on a 12,000 sf lot with huge, private backyard. Large master bedroom with en suite half bath. Partially finished basement that includes full bath. Needs updating. All offer must include the fiduciary rider found in the additional info. BEING SOLD AS-IS
Don't be fooled by this building. There are two very large updated units. Second floor has just been updated, and first duplexes down to the basement. Huge primary suite on the second floor, with very generous room sizes. Tenants are in charge of their own utilities, except water. This is an oversized lot with a very large yard. Reasonably priced 2-unit that is very comfortable. Why rent when you can live here! First floor tenant would like to remain.
Welcome to King! If you like New this is for You! Perfect for living mortgage free or an income property. This multi-unit is completely renovated and updated with a modern look. This Property features a Duplex down 4 bedroom 2 full bathroom 1st Floor unit. The second unit is a 3 bedroom 1 bathroom gem with seperate laundry. Outside, the property features a detached 2-car garage and 3 parking pad, providing secure parking and additional storage space. The tastefully designed bathrooms feature modern fixtures and stylish finishes, adding a touch of luxury to your daily routine. Located in a desirable neighborhood, this renovated 2-flat brick building is a true gem waiting to be discovered. With its blend of timeless elegance and modern amenities, this property offers a wonderful place to become your home. Come experience the beauty and comfort of this meticulously renovated building - your perfect urban oasis awaits! **Frigidaire Stainless Steel Refrigerators, Stove, microwave, and New AC units will be installed prior to closing.
Located in the east Burnside community this charming cape cod is a gem waiting to be polished! Situated on a wide double lot, this home offers an expansive floor plan with 3 bedrooms, formal living room, formal dining room and a spacious kitchen. The basement is finished and offers a second bathroom along with a family room and den! The home can be renovated and brought back to life while building equity or renovate the home and rent out as the property creates passive cash flow, either way this is a win win situation! The home is on a quiet block steps from Stony Island, close to train, skyway and Dan Ryan! This home will not last long at this value, get inside to appreciate all this home has to offer!
Well maintained 3bed 2bath brick ranch. Newer improvements include kitchen cabinets and counter tops, furnace and air condition as well as a tankless hot water heater. Property offer neutral colors so you can add you own stamp to the property. Come take a look if you are looking to get into the Chatham area at a low price!!! This home is not far from public transportation and major expressways.
Welcome to your next investment opportunity in the community of Grand Crossing! This multi-family 2-unit property has been thoughtfully updated to reflect today's most sought-after home designs and decorating trends. The first-floor unit is a standout feature, duplexed down to include full access to a partially finished basement. Imagine the possibilities of attracting tenants looking for extra room for a home office, gym or entertainment area. This "add value area" provides enhanced living space and also creates the potential for higher rental income, making it an attractive option for both buyers and investors. Each unit delivers two comfortable bedrooms and one modern bathroom, completely redesigned kitchens with entire appliance package, making these units truly move-in and rental ready. Both units have separate heating and electrical systems, meaning tenants are responsible for their own utilities-an added benefit for landlords looking to simplify management and minimize expenses. The detached 2-car garage will also provide additional income potential, as well as private parking options for tenants. The property is perfectly poised to generate income immediately-just add tenants! Whether you're looking to expand your investment portfolio or find a new home with rental income potential, this property checks all the boxes. Don't miss out on this incredible opportunity, schedule your viewing today and envision the possibilities!
Beautiful multi-family brick building with six units, located in the historic Chatham. All six apartments in the building feature formal dining room, large bedrooms and living rooms. The building includes (3) one bedroom/ one bathroom units and (3) two bedrooms/ one bathroom units. The full size basement comes with an extra storage for each unit, a party room with wet bar, an additional room and a half bathroom that could be used for additional income. The property comes with 4 car garage that can be rented and generate extra income. Decent size backyard for tenants to enjoy in the warm weather. Conveniently located close to shopping area, public transportation, schools and parks while being tucked away on a beautiful tree lined street. Sold AS IS !
THIS HOME SHOWS VERY WELL. NEW A/C, NEW WATER HEATER, NEW APPLIANCES THROUGHOUT! JUST BECAUSE THERE ARE NO PICTURES I WOULD NOT PASS THIS HOME UP ON VIEWING. Discover the opportunity to own a meticulously cared-for brick raised ranch in the heart of Chatman, Chicago. Known for its rich history, strong sense of community, and well-maintained homes, Chatman is a vibrant neighborhood that offers the perfect blend of urban convenience and suburban tranquility.This charming residence features 4 spacious bedrooms, with two located above grade and two below grade, providing ample space for family living or guests. The current occupant, who maintains a month-to-month lease, has uniquely cared for this home, ensuring it is in excellent condition.Step inside to find an inviting eat-in kitchen, perfect for family meals and entertaining.The combined living and dining area offers a cozy and versatile space for relaxation and gatherings.The basement includes two additional bedrooms, a bathroom, and a convenient laundry room, making it ideal for extended family living or extra privacy.The detached garage, surrounded by a privacy fence, adds an extra layer of security and convenience. This home is ideally situated near public transportation, with close proximity to bus lines, making your commute around Chicago a breeze.Don't miss this chance to own a beautiful raised ranch in the welcoming community of Chatman. Schedule a showing today and experience all that this lovely home has to offer!
****Priced to sale **this property has appraised above asking price! ****Investment Opportunity*** Updates ** NEEDED This property is eligible for a 203k loan, which allows for the financing of both the purchase and renovation costs. The perfect blend of charm and functionality in this spacious 2- flat brick multi-family home. 2 car detached garage - Property - SOLD AS IS - ...
Beautiful spacious rehabbed 3 bedroom 1 bath brick duplex/townhome in the West Chesterfield subdivision is a must see! Features a modern kitchen w/tile back-splash, shaker kitchen cabinets, new countertops, bathroom w/modern fixtures and tile, new roof, new windows, new wood doors, laminate floors and carpet, new electric panel and service, new hot water heater in 2019, newer furnace, fenced yard and patio. Property located a short distance to the CTA transportation center on 95th St. Also near shopping and expressways. Stainless steel appliances will stay. Low taxes, and no HOA! 24Hr notice for all showing, Do not contact occupants
Step into this recently remodeled two-story home where every detail has been meticulously cared for. The interior boasts newer windows, 6 panel doors, fresh carpeting, new blinds, and tastefully painted throughout creating a modern and welcoming atmosphere. Newer furnace and AC condenser was installed in 2018. The main floor features a sunlit living room, formal dining room perfect for entertaining, and a completely remodeled eat in kitchen. The stunning kitchen was upgraded in 2018 with all new cabinets, counters, ceramic floors, brand new stainless steel appliances, island, and a pantry for ample storage. Cozy up in the family room by the gas fireplace or enjoy the convenience of the main floor laundry and a half bath. Upstairs, the primary bedroom impresses with double walk in closets, accompanied by two additional bedrooms and a fully remodeled hall bath. The unfinished look out basement has plenty of natural lighting and extra high ceilings. Outside, relax on or entertain on the brand new oversize deck installed in 2023. The sprawling deck is overlooking the spacious yard and 2 car detached garage. This home is a true gem, combining modern updates with comfort and style. Don't miss the opportunity to make it yours!
A rarely available and highly anticipated 3-unit brick with a full basement property in the heart of Chatham is awaiting its new owner. This robust building features a large floor plan; complete with a kitchen, living room separate dining room, bathroom, and 2 spacious bedrooms. There is an opportunity to add a 3rd bedroom. The mechanicals of this property have been well maintained including the windows, hot water tank, and boiler which heats all three units. An enclosed back porch provides additional storage space for each unit and a spacious 2-car garage making this property one of the most attractive opportunities in the neighborhood. Take advantage of this AS-IS value-add opportunity and carve out your next flip or buy-and-hold investment.
This beautifully rehabbed and well-maintained 4 bedrooms, 3 full bathrooms home in the Chatham community can be yours today! As you step into the home, on the first level, you'll be pleasantly greeted with an open floor plan with great functionality, hardwood floors, and natural light beaming throughout. The living room flows into the beautiful chefs' kitchen with shaker cabinetry, modern hardware & appliances, plenty of counterspace and a spacious seated island to enjoy a home cooked meal with additional separate dining. The master suite is separate from all others on the second level, with a sitting area and a master bath with separate shower and bathtub. The shower panel tower system with rainfall waterfall shower head and massage body jets, creates a soothing atmosphere and is the perfect space to unwind after a long day at work! Enjoy family & friends in the finished lower level with a bedroom and full bathroom. Perfect for in-laws and guests when visiting. Did I mentioned this home is situated on a double lot with well-manicured landscaping, privacy fence, easy access to the 2.5 car garage & enormous backyard? No need to book a venue. This is the perfect place to host & entertain family and friends in the summertime. There's so much more! Come see for yourself! Schedule your showing today!
STUNNING CORNER 3 BEDROOM BRICK HOME WITH STAINLESS STEEL KITCHEN, HARDWOOD FLOORS AND A BEAUTIFUL FINISHED BASEMENT W/STUDIO. HUGE LOT, HUGE REAR YARD PERFECT FOR YOU AND YOUR FAMILY!! GREAT LOCATION NEAR SHOPPING AND EASY ACCESS TO TRANSPORTATION! SEE THIS HOME TODAY!!
Estate sale! This spacious Georgian home is a blank canvas awaiting your creative vision! The first floor features a generous living area and dining room, both with original hardwood floors beneath the carpeting. The living room is adorned with a brick-surround fireplace and built-in cabinets on either side. The dining room provides access to the kitchen and a back deck. A half bathroom with beautiful original yellow tiles completes the first floor. Upstairs, you'll discover three sizable bedrooms and a full bathroom with unique vintage pink tiles. The home offers plenty of storage throughout, in addition to a fully finished basement that includes a fireplace, home bar, and washer/dryer. One of the standout features of this property is the backyard. The electrical panel has been update with 220 service. Conveniently located near public transit, I-94, schools, and parks, this estate sale property is being sold as-is. Don't miss your chance to own this gem!
This homes make you feel happy from the moment you open the door. Fresh warm colors on the walls, beautiful tile has been chosen throughout. The original hardwood floors have been restored. The basement has been finishes with a bedroom plenty of entertaining space, laundry room and a full bathroom. The backyard has a ton of space for you and your friends and family to enjoy. You are also close to a park and public transportation. This 3 bedroom 2 bath home is ready for you. Schedule an appointment to come and view soon.
Property Overview: Units: 12 two-bedroom, one-bathroom units HVAC: Individually metered for heating and cooling HUD Fair Market Rent (2024): $1,410 for the 60619 zip code Investment Potential: Pro Forma Net Operating Income: $128,885, representing a cap rate of 10.97% and a GRM of 6.28 Neighborhood Insights: Chatham is renowned for its stable residential character and vibrant local economy. This community is experiencing economic growth and increased housing demand, making it an attractive area for real estate investment. The property's location within this thriving neighborhood enhances its appeal and potential for long-term appreciation. Detailed Unit Breakdown: Unit Mix: 12 two-bedroom/one-bathroom units Economic Performance: Purchase Price: $1,175,000 Current Cap Rate: 8.72% This strong cap rate indicates a favorable yield compared to typical residential investment properties in the area. Current Net Operating Income (NOI): $102,475 annually Reflects efficient management and strong profitability. Current Gross Rent Multiplier (GRM): 7.22 Demonstrates significant rental income potential relative to market value. The property at 8321 S. Drexel Ave. represents a unique and promising investment opportunity in the Chicago real estate market. With a strategic location in the growing Chatham neighborhood and solid financial performance, this asset offers an ideal blend of risk mitigation and potential for high returns. The individually metered HVAC systems enhance tenant satisfaction and operational efficiency. This investment is an excellent choice for investors focused on long-term wealth accumulation in the multifamily housing sector.
Two units, 6 rooms in each. Total of 6 bedrooms. Unit 1 is occupied. Unit 2 is vacant. PLEASE DO NOT DISTURB THE TENANTS. Before a showing will be scheduled we will require a pre approval or a proof of funds. See Brokers Remarks. The property taxes do not represent a Homeowner Exemption. FHA Accepted!
Vacant lot on residential block
LARGE BRICK 2 FLAT LOCATED IN THE GREATER GRAND CROSSING NEIGHBORHOOD OF THE CITY. ON A LARGE LOT WITH DETACHED TWO-CAR GARAGE. GREAT LOCATION NEAR CTA, METRA, AND EXPRESSWAYS. REMODELED 2 FLAT WITH (2) 2 BEDROOM, 1 BATH UNITS. THIS PROPERTY OFFERS ALL THE BELLS AND WHISTLES BEAUTIFUL NEUTRAL DECOR, INDIVIDUAL HEATING WITH NEW FURNACES, UPDATED LIGHT FIXTURES, UPDATED BATHS, LARGE REAR PATIO FOR RELAXING ON WARM DAYS AND PRIVATE YARD FOR THOSE FAMILY GATHERINGS. SOLD AS-IS
The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60619 has a population of 2,742,119. Chicago 60619 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois 60619 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60619 is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.