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8701 S Houston Avenue

Chicago, IL 60617
  • $230,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 11741324
$230,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1913
County:

School Ratings & Info

Description

CALLING ALL INVESTORS! You don't want to miss out on this amazing investment opportunity! This mixed use property features a bar space that can be used as a restaurant, laundromat, bar, night club, and so much more with renovation! It also features 5 units, 3 which are move in ready and habitable, and 2 that have been gutted already and ready for your finishing touches! This property has the income potential OF A LIFETIME. With some renovations and TLC, this can be worth at least triple the listed value! Whats better than purchasing a building with plenty of equity before even starting renovations?! Did I mention? This property is in such a convenient location! Want to rent out the units AND the commercial space? You can do JUST THAT! Don't miss out on this amazing opportunity, schedule your tour T O D A Y! This building is being sold as is.

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© 2023 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 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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8701 S Houston Avenue Chicago, IL 60617

  • Price: $230,000
  • Status: Active
  • On Site: 79 Days
  • MLS #: 11741324
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
Chi - South Chicago
County:
Cook
Area:
Chi - South Chicago
Property Description
CALLING ALL INVESTORS! You don't want to miss out on this amazing investment opportunity! This mixed use property features a bar space that can be used as a restaurant, laundromat, bar, night club, and so much more with renovation! It also features 5 units, 3 which are move in ready and habitable, and 2 that have been gutted already and ready for your finishing touches! This property has the income potential OF A LIFETIME. With some renovations and TLC, this can be worth at least triple the listed value! Whats better than purchasing a building with plenty of equity before even starting renovations?! Did I mention? This property is in such a convenient location! Want to rent out the units AND the commercial space? You can do JUST THAT! Don't miss out on this amazing opportunity, schedule your tour T O D A Y! This building is being sold as is.
Exterior Features

Exterior Building Type BrickFrame Foundation Details Brick/MortarConcrete Perimeter Outdoor Parking 1-5 Spaces Parking Total 2

Interior Features

Cooling Window Unit(S) Flooring TileVariesVinylWood Heat Ventilation Central Heat/Indiv Controls Number Of Dishwashers 0 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4500 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Other Geographic Locale Chicago South Gross Income 60000 Gross Scheduled Income 57600 Insurance Expense 0 Location Corner Mls Actual Status Active Number Of Tenants 1 Ownership Types Individual Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 1210 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 4800 Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Exp Realty, Llc: 888-574-9405.


© 2023 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 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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