BEDS9
BATHS7 full
MLS#12771712
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Exterior Entry, Full, Walk-Out Access
Garage: 3
Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
Lot Size: 0.10 Acres
Roof Type: Asphalt
Taxes: $7,226
Year Built: 1926
Feature Descriptions
Exterior: Brick
Lot Dimensions: 35X125
Parcel#: 21311080320000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: Lake
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Smart Home Realty
Agency Phone: 630-870-1000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 1,810.19 per month $1,068.05 Principal & Interest $602.17 Property Tax $139.97 Homeowner's InsuranceChange Payment Information
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8010 S Phillips Avenue | MLS# 12771712
This multi-family property located at 8010 S Phillips Avenue, Chicago, IL 60617 is currently listed for sale with an asking price of $479,900. S Phillips Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.