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$245,000
Est. payment /mo
7 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12527592
Bedrooms 7
Year Built 1912
Annual Tax Amount $2,004
Tax Year 2023
Lot Dimensions 6650
Property Sub-Type Two to Four Units
Property Description
Value-Add 2-Family Opportunity - Cash Buyers Preferred for Fast Close!Don't miss this excellent short sale opportunity to add a high-potential 2-family property to your portfolio. Ideal for serious investors ready to close quickly!Property Highlights:Layout: Two-family setup featuring separate heating systems for each unit.Value-Add Potential: Needs cosmetic updates on both the first and second floors-a prime opportunity to add instant equity.Expandable Space: Full basement with the option for the first-floor unit to duplex down, dramatically increasing living space and potential rental income.Strong Returns: Outstanding income and appreciation potential in a solid location.Terms & Sale Details:Short Sale Transaction: Subject to bank approval. Buyer Preference: Cash buyers who can close quickly are strongly preferred due to short sale timeline constraints.Condition: Sold strictly AS-IS.Serious inquiries only. Contact us today for more details or to schedule a showing before it's gone! Note: Both units are vacant.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Crystal Smith of ERA Partners