742 E 88th Street

Chicago,IL 60619

$ 125000

6 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 11942718

Bedrooms 6

Year Built 1895

Annual Tax Amount $1,809

Tax Year 2021

Lot Size 3,049 Sqft

Lot Dimensions 48X125

Property Description

Welcome to this incredible 2-flat property in the heart of Chatham, offering endless potential for a skilled contractor or handyman! The property has extensive termite damage: under the rear porch, in the support beams in the crawl space, and to the exterior sheathing on the south side of the house behind the kitchens. This property is located in the thriving 60619 zip code, which has seen a remarkable 12% increase in rent over the past year. If you're seeking a project that allows you to put your renovation skills to work, this is the perfect opportunity for you. This property presents an excellent investment prospect for those looking to capitalize on the rental market or individuals who want to live in one unit while renovating the other. Currently, both units are vacant, eagerly awaiting your vision. The first-floor unit showcases a spacious layout, featuring three bedrooms, two bathrooms, a generous living room, and a separate dining area. You'll find that both units have been primed for transformation with modern finishes and an abundance of natural light that permeates throughout. Situated on a generous lot, this property offers a sizable backyard and a two-car garage, providing convenient off-street parking for its future residents. Moreover, its location near public transportation, shopping centers, dining establishments, and entertainment options adds to the overall appeal. Additionally, families will appreciate the property's proximity to excellent schools, making it an ideal choice for those with children. This outstanding handyman special (termite damage in rear and under house) presents an exceptional investment opportunity that should not be overlooked. Don't hesitate to reach out to us today to schedule a showing and discover the untapped potential that awaits with this property.

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas,Forced Air

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

View Y/N true

Building

Lot Description Fenced Yard,Sidewalks,Streetlights

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299,299,299

Others

Ownership Fee Simple

Special Listing Condition None

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