Attention develpers -this is a prime value-add GREYSTONE opportunity with substantial upside. This oversized building is currently configured as a 2-unit property duplexed to the basement. The property features a total of 9 bedrooms and 3 bathrooms, providing an ideal layout for maximizing rental income once completed with ARV easily in the $400k range. Major progress has already been made, including: Framing completed, Partial plumbing, electrical, and ductwork installed. The true value lies in its flexibility and income potential: Convert to a 3-unit to significantly increase cash flow and overall valuation. Once completed, the property has the potential to generate substantial monthly rental income of over $5k per month, making it an excellent candidate for a long-term hold or profitable resale. Property is being sold as-is. Bring your vision and unlock the full potential of this high-yield asset.
Listed By
Agency Name: Blue Door Dave Inc
Agency Phone: 312-344-1487
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 518.00 per month $333.61 Principal & Interest $140.67 Property Tax $43.72 Homeowner's Insurance
6120 S Green Street | MLS# 12603460
This multi-family property located at 6120 S Green Street, Chicago, IL 60621 is currently listed for sale with an asking price of $149,900. S Green Street is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.