$250,000
Active Under Contract
14 Days Online
5 Beds0 Baths0 SQFT
Active Under Contract

2856 S Emerald Avenue Chicago, IL 60616

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**Best and Final deadline to submit offers is Sunday 12pm. **Presenting a rare investment opportunity in the thriving Bridgeport area: a legally zoned multi-unit property poised for development. Currently structured as a two-flat, this offering is sold "as is" and represents an outstanding prospect for new construction given the age and condition of the existing building. The front unit, generating a steady income of $1, 000 per month on a month-to-month lease, is complemented by a vacant rear unit, ready for your vision and transformation. Situated on a desirable block brimming with potential, this property invites the astute investor to capitalize on the dynamic local real estate market. With its competitive pricing, this opportunity is not to be missed. Act swiftly to harness the possibilities of this prime development site. Your strategic investment awaits. All remaining contents will stay.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$4,492
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12045126
  • Home Size Source N/A
  • Year Built1885
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Off Street
  • Parking Spaces 2
  • Sewer Public SewerSewer- Storm
  • Basement FullEnglish
  • Water PublicLake Michigan
  • Property Sub Type Multi Family
  • Zoning MULTI
  • General Information School Bus ServiceCommuter BusCommuter Train
  • Rooms Total 12
  • Lot Size Less Than .25 Acre
  • Parking Total 2

Interior Features

  • Heating Natural GasForced AirRadiantSep Heating Systems - 2+

Exterior Features

  • Waterfront Property No

Community Features

  • Township South Chicago
  • Community Features ParkTennis Court(s)SidewalksStreet LightsStreet Paved
  • MLS Area CHI - Bridgeport

Schools

School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,333
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