Address
2442 E 79th Street Chicago, IL
Price
$ 65,000
Property Attributes
  • MLS#10614411
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Shore
  • NeighborhoodSouth Shore
  • Zip60649
  • Style
  • Year Built1920
  • Taxes2909
  • Price$ 65,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5058
Listing Provided Courtesy Of:
Straight-A Realty, LLC
Property Description

South Shore is one of hottest neighborhoods for investors in the entire nation! According to Crain's Chicago Business in an article published on 1/15/2020, a Wisconsin investor just purchased a massive quantity of apartments in South Shore for $18 million dollars! "This deal shows how the rising South Shore apartment market is allowing investors to buy, renovate and then sell buildings at much higher prices than they paid for the properties." This 5-unit residential mixed use includes 4 two bed, one bath apartments and a sizable store front that have the potential to generate $6,000 per month in total rental income! This property qualifies as residential mixed use so feel free to reach out to your FHA 203k consultant! The projected after-repair-value of this property once renovated is approximately $365,000! Please act swiftly before the Venture Capital firms gobble this one up!

Price History
1/20/2020 Listed $70,000
8/3/2020 8% - $65,000

General Features

Property Type Mixed Use
Property Type Commercial Sale
Roof Membrane
Standard Status Active Under Contract
Zoning COMMR

Exterior Features

Building Area Total 5058
Exterior Brick
Lot Dimensions 25X125

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60649

Price
AVG $230K
$70K
Taxes
AVG $3,677
$2,909
Visits
AVG 57
121
Year Built
AVG 1931
1920
Walkscore
AVG 63
75
Data Provided by Walkscore ® not using MLS data