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9710 S Avenue L Avenue

Chicago, IL 60617
  • $449,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 11329466
UPDATED: 84 min ago
$449,000
  • 11
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1893
County:

School Ratings & Info

School District:
299

Description

The property consists of two 4-Bedroom, 2-Bath apartments and one 3-Bedroom, 1-Bath apartment. The property was 100% updated in 2021 including brand new electric, plumbing, hot water tanks, roof, porches, and individual furnaces. All of the apartments were also completely redone in 2021 and include a spacious layout with high ceilings. There is a three-car striped parking slab located directly behind the property. The property is currently fully occupied with a rent roll that totals $5,910 per month of which approximately 83% is paid by the Chicago Housing Authority (CHA). This opportunity gives an investor the chance to purchase a turn-key investment and cash flow for years to come. Photos taken before tenants moved in. Can be sold with Greystone 2-flat located at 5314 S. May. (MLS#11307214). Please note that Proof of Funds are required before showing. Please also note that this property likely will not work for a live-in buyer because of long term leases.

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© 2022 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 2022-05-22T07:57:58.277 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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9710 S Avenue L Avenue Chicago, IL 60617

  • Price: $449,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 84 min ago
  • MLS #: 11329466
11
Beds
0
Baths
0
½ Baths
0.07
Acres
1893
Built
Neighborhood:
Chi - East Side
County:
Cook
Area:
Chi - East Side
School District:
299
Property Description
The property consists of two 4-Bedroom, 2-Bath apartments and one 3-Bedroom, 1-Bath apartment. The property was 100% updated in 2021 including brand new electric, plumbing, hot water tanks, roof, porches, and individual furnaces. All of the apartments were also completely redone in 2021 and include a spacious layout with high ceilings. There is a three-car striped parking slab located directly behind the property. The property is currently fully occupied with a rent roll that totals $5,910 per month of which approximately 83% is paid by the Chicago Housing Authority (CHA). This opportunity gives an investor the chance to purchase a turn-key investment and cash flow for years to come. Photos taken before tenants moved in. Can be sold with Greystone 2-flat located at 5314 S. May. (MLS#11307214). Please note that Proof of Funds are required before showing. Please also note that this property likely will not work for a live-in buyer because of long term leases.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Is Parking Included In Price No Lot Size Standard Chicago Lot Multi Family Type 3 Flat Parking Details Space/S Parking Onsite Yes Parking Ownership N/A Parking Total 3 Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 11 Full Baths In Building 5 Half Baths In Building 0 Heating Natural Gas Rooms Total 20

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information Commuter BusInterstate Access Gross Income 70884 Mls Actual Status Active Net Operating Income 51267 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2021 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3339.29 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 70884 Township Hyde Park Type Two To Four Units Water Source Lake MichiganPublic Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Mainstreet Real Estate Service.


© 2022 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 2022-05-22T07:57:58.277 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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Chicago IL, 60614