Sold for $87,000 on 3/05/21
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 4 |
2 |
1920 |
1,772 ft2 |
0 |
$2,681 |
1193 days |
Attention all investors! Do we have an opportunity for you on this. Priced way below market value and ready for a quick sale. This property is corporate owned and used as a rental unit. There's currently a HCV (Section 8) renter who has been there for three years. Great tenant, any investor would be happy to own this guaranteed money maker. This property is being rented at $1400 a month. Get about a 17% cap rate on a cash for cash investment And with today's rates and a 40% cap rate with a conventional investment loan on the initial investment of 25% down payment. This property has 4 bedrooms, 2 full bathrooms and a full finished basement. This home was a full gut rehab inside and out with brand new everything, from hvac, roof, windows, appliances and more. Was also recently updated in 2017. This is one of three listed properties 6830 S. Prairie, 7145 S. Maplewood and 7632 Rhodes. Seller may consider a package deal if someone was interested in all three.
Listing courtesy of HomeSmart Realty Group
6830 S Prairie Ave. is a 1,772 ft2 single family home built in 1920, and is located in Chicago, IL, in the Grand Crossing neighborhood. It has 4 bedrooms and 2 bathrooms, and has annual property taxes of $2,681.
Marco Amidei
(888) 32-Marco (847) 630-4886
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