$229,500
Active
10 Days Online
8 Beds0 Baths0 SQFT
Active

1421 E 69th Place Chicago, IL 60637

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This property for sale is a multi-unit apartment building of approx 3844 SF on the land 6176 SF. It is located in the highly sought-after Woodlawn area. Constructed entirely of durable brick, this building boasts four units that have the potential to yield significant returns in a market with high rental demand. New windows on front, clean up 2023, providing a solid foundation for the new owner's plans. However, it's important to note that the property needs extensive rehabilitation to become livable. The current layout of the building includes four apartments and full unfinished basement, but the new owner can make modifications to suit their own vision. The property has permits available, allowing the new owner to take over from the seller and create a space with eight or ten bedrooms and four or five baths once the rehabilitation is complete. The motivated seller is offering the property "As-Is Conditions, " and interested buyers should contact the listing broker for more information, including any available drawings and permits. Comparable properties in the area have an average price of $765K, indicating that this property offers a potentially lucrative investment opportunity. However, interested buyers should be prepared to invest significant time and resources to make the property habitable. This is an excellent opportunity to own a prime real estate property in a hot market, so don't miss out on the chance to make this investment. Contact the listing broker today for more information on this property with excellent potential once rehab is complete. PLEASE NOTE: Property have Two PIN numbers. "As-Is Conditions" Buyer needs to do their own Due-Diligence.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$2,816
  • HOA/Condo/Coop Fees$0
  • Days on Site10 Days
  • MLS StatusActive
  • MLS ID Number11771780
  • Home Size Source N/A
  • Year Built1910
  • Lot Size0.14 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 4
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.14
  • Water Public
  • Property Sub Type Multi Family
  • General Information None
  • Rooms Total 16
  • Lot Size Less Than .25 Acre
  • Parking Total 4

Interior Features

  • Heating Natural Gas

Exterior Features

  • Waterfront Property No

Community Features

  • Township Hyde Park
  • MLS Area CHI - South Shore

Schools

School District
130
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,224
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