742 E 88th Street Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60619
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