$255,000
$299,900
15.0%For more information regarding the value of a property, please contact us for a free consultation.
8,887 SqFt
SOLD DATE : 12/17/2020
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,887 sqft
Price per Sqft $28
MLS Listing ID 10936926
Sold Date 12/17/20
Year Built 1909
Annual Tax Amount $4,431
Tax Year 2019
Lot Size 6,098 Sqft
Lot Dimensions 51 X 123
Property Sub-Type Multi Family 5+
Property Description
Located in the heart of Woodlawn, there is not an opportunity such as this on the entire south side and this is one you will not want to pass on! This building is a true 6 unit building, first floor unit on the north side is duplexed into the basement unit, would be a great owners unit while collecting amazing cash flow from the other units. The large center entrance splits the building allowing each unit to truly use the most of the space. Each unit is a full floor unit, large classic living room with decorative fireplaces, sun drenched sun rooms in each unit as well as formal dining room with built ins that provide an extra level of character in each unit. There are two bedrooms in all units, large dining rooms, nice size kitchens and four of the 6 units have separate furnaces, individual heat in each unit! Huge value add! The basement on the south side of the building is great for storage and coin laundry, the building is a diamond in the ruff and will need a buyer who has the vision to bring this back to the original glory days! The location should not be overlooked, less than 4 blocks from Washington Park, minutes from University of Chicago, minutes from Jackson Park and the lakefront, blocks from the Dan Ryan and Red Line! this building offers tremendous upside, amazing cash flow potential, repairs are needed, this is an as-is sale but opportunity does not knock like this very often! Get inside as it will not sit on the market for long at this value!
Location
State IL
County Cook
Area Chi - Woodlawn
Zoning MULTI
Interior
Fireplaces Number 6
Fireplace Y
Exterior
Roof Type Tar and Gravel
Building
Level or Stories 3
Structure Type Brick
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Bought with Nicholas Trovas • Re/Max Properties
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