OFF MARKET SOUTH CHICAGO BRICK 2 UNIT (Zoned as a Single Family Home) Available

  • $89,000
  • 4 beds
  • 2-3 baths baths
  • 1984 sqft

This HOT South Chicago Area, Brick 2 unit with 4bedrooms and 2 baths (according to county record) has loads of potential! The partial basement has room for 2 additional rooms and possibly 1 additional bath when brought up to code. Renovate to sell for large profits or to rent out for a cash out Refi and monthly cash flow!

  • Brick building with recently installed roof
  • Medium Renovation
  • Beds 4-6Beds (duplexed down)
  • 2 Baths
  • Rents are approximately $1,25-$1,200 (2 bedrooms)
  • Rents are approximately $1,400-$1,529 (4-6bedrooms)
  • Average After Repaired Value $302,475 (High Comp $329,000 see below)
  • Asking $89,000
Sold Properties
Order MLS # Stat Address List Price Sold Pr Clsd Dt # Beds in Bldg Baths LMT MT
11123215 CLSD 3346 E 91st St $300,000 $300,000 09/28/2021 7 0 6 6
11297141 CLSD 8720 S Muskegon Ave $299,900 $310,000 03/18/2022 6 2 10 10
11323290 CLSD 8449 S Brandon Ave $329,900 $329,900 04/07/2022 7 2.3 5 5
11223057 CLSD 2830 E 93 St $299,900 $270,000 01/04/2022 5 2 49 49

Statistics Total Properties: 4
List Price Sold Pr # Beds in Bldg Baths LMT MT
Minimum $299,900 $270,000 5 0 5 5
Maximum $329,900 $329,900 7 2.3 49 49
Average $307,425 $302,475 6 2 18 18
Sold properties closed averaging 98.39% of their Final List Price (FLP).
This reflects a 1.61% difference between property sale prices and their FLP’s.
Price:
$89,000
Address:
8830 S. Exchange Ave
Chicago, IL 60617
Square Feet:
1984
Lot Size:
3475
Bedrooms:
4
Bathrooms:
2-3 baths
Terms:
Assignment of Contract
Property Type:
Apartment
Basement:
Partial (maybe able to duplex to the first floor)
Const. Type:
Brick

Call (888) 611-9351 for more details

Property Location