Home For Sale In Chicago, Illinois

David Mishel (tan) Top Agent Network

This listing was posted on RealtyWW.

$349,888

Home For Sale In Chicago, Illinois

Price:

$349,888

Home Loan:

Mortgage Rates are Still Low - Free Quote Now

BR/BA:

7 BA

Location:

8927 S Muskegon Ave, Chicago, IL

Description:

((Motivated Sellers just Dropped the price!)) Decent looking property with some Great Value Add, (still needs a bit of work)... ((8 unit / But its a Legal 6 unit and There's 2 Buildings on the property)). The property is located in South Chicago directly across the street from Bessemer Park with a great swimming pool and tennis courts and right around the corner from Baker College Prep. Several units have been renovated being unit 1B, 2B, 3A, 3B and the coach house units. All the decks have been updated and are to code. The building has some newer windows that have been installed over the past few years. The property does not have any violations and will pass all inspections. All utilities are separate and paid for by the tenants. The building is sitting at a decent cap rate of 7.14% now and that's with only 4 of the 8 units rented and occupied. If all units are rented and occupied the cap rate would be at least a solid 11% conservatively. ((48 HOURS NOTICE IS REQUIRED FOR ALL SHOWINGS PER ILLINOIS TENANTS RIGHTS))For more details: https://realtyww.info/homes_chicago-d523258/for-sale_i69850985

Property Type:

Single-Family Houses

Amenities:

Pool, Tennis

Posted:

March 26 on RealtyWW

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8927 S Muskegon Ave | Chicago IL | 7216318644

Home For Sale In Chicago, Illinois

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