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Listed by Damaris Santiagoof Manage Chicago, Inc.
$105,000
Est. payment /mo
3 Beds
1 Bath
714 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 714 sqft
Price per Sqft $147
MLS Listing ID 12518755
Bedrooms 3
Full Baths 1
Year Built 1895
Annual Tax Amount $953
Tax Year 2023
Lot Dimensions 3050
Property Sub-Type Detached Single
Property Description
Excellent investment opportunity in the rapidly appreciating Woodlawn neighborhood. This 3-bedroom frame home is currently occupied with market-rate tenants paying $1,500 per month, though they are only making partial payments and may require future eviction or rental enforcement. Easy show making this a straightforward transition for an investor. The property is priced well under market value, offering substantial upside for a buyer willing to apply a little administrative and property management effort. With values climbing in this area, this home has huge equity potential and can become a strong cash-flowing asset with proper management. Sold as-is. This is a great deal in a high-demand neighborhood - it will not last long.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Cooling None
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Story 1 Story
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 299, 299, 299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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