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    3240 S Hoyne Avenue

    Chicago, IL 60608
    • $345,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 11210655
    UPDATED: 43 min ago
    $345,000
    • 7
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Information

    Elementary School:
    High School:
    School District:
    299

    Description

    BOOMING AREA!! Rarely available LEGAL 3 flat (per zoning certificate) that will need EXTENSIVE renovations on top floors. Potential usage for a 4th income producing ADU in the future when/if it expands into more areas - Includes - 2 BR 1 bath simplex on first floor with radiant in floor heating in the main room is updated. second floor: "duplex-up" or could be a totally separate unit, with total 4 BR and 2 bath total, 2 bed lower and 2 bed upper, also has a kitchenette area acting as an "In Law" suite, 3rd unit is in the rear of the building, 1 bed 1 bath with new roof on rear building but will need new roof on main building and the boilers for the building will also need to be replaced as their end of life. Current tenants paying WAY below market rents and both month to month - Neighboring Pilsen and Bridgeport, hot rentals, great investment in a building with a ton of character and new facade in 2009 - updates to two of the units and those two are rent ready. Updated concrete work. Not far off 55, plenty of privacy on this street. Building needs TLC!! 203K would work great as BLDG will likely not pass FHA without needing repairs

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-09-23T22:01:14.78 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3240 S Hoyne Avenue Chicago, IL 60608

    • Price: $345,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 11210655
    7
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1890
    Built
    Neighborhood:
    Chi - Mckinley Park
    County:
    Cook
    Area:
    Chi - Mckinley Park
    Elementary School:
    Everett Elementary School
    Middle School:
    Evergreen Academy Elementary Sch
    High School:
    Kelly High School
    School District:
    299
    Property Description
    BOOMING AREA!! Rarely available LEGAL 3 flat (per zoning certificate) that will need EXTENSIVE renovations on top floors. Potential usage for a 4th income producing ADU in the future when/if it expands into more areas - Includes - 2 BR 1 bath simplex on first floor with radiant in floor heating in the main room is updated. second floor: "duplex-up" or could be a totally separate unit, with total 4 BR and 2 bath total, 2 bed lower and 2 bed upper, also has a kitchenette area acting as an "In Law" suite, 3rd unit is in the rear of the building, 1 bed 1 bath with new roof on rear building but will need new roof on main building and the boilers for the building will also need to be replaced as their end of life. Current tenants paying WAY below market rents and both month to month - Neighboring Pilsen and Bridgeport, hot rentals, great investment in a building with a ton of character and new facade in 2009 - updates to two of the units and those two are rent ready. Updated concrete work. Not far off 55, plenty of privacy on this street. Building needs TLC!! 203K would work great as BLDG will likely not pass FHA without needing repairs
    Exterior Features

    Exterior Building Type Brick Exterior Features PatioBreezeway Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking None Parking Details None Roof Asphalt Waterfront YN No

    Interior Features

    Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 4 Half Baths In Building 0 Heating Radiator(S) Rooms Total 14

    Property Features

    Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4686.9 Tax Year 2019 Total Numberof Unitsin Building 3 Township South Chicago Type Two To Four Units Water Source Public Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-09-23T22:01:14.78 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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