Photo 1 of 1
$85,000
Sold on 2/23/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
3.00 |
0 |
$3,147.63 |
1915 |
On the market:
36 days
|
View full details, 15 photos, school info, and price history
Welcome to red-hot West Pullman! This is a great purchase for investors as a result of its multiple profitable exit strategy options! This huge multi-unit property can be renovated and kept as a multi-unit or renovated and converted into a large single-family home. Renovated sold comparable 2-unit properties within a square mile of this property sold for an average of $209,000 within the past 6 months. Renovated sold comparable single-family homes within a square mile of this property sold for an average of $207,000 within the past 6 months. If renovated and kept as a 2-unit, renovated 3-bedroom units can rent for up to $1,450 per month, that's $2,900 per month in monthly rental revenue! Unit #2 can also be duplex-ed up into the attic for an additional bedroom and even more rental income! If renovated and converted to a 6-bedroom single family home, it can rent as an SFH for up to $2,500 per month! 3 car garage! New duct work! Perfect location - walking distance to the Metra! Excellent block! Priced to sell so please act swiftly! Multiple offers received, highest and best called for. Seller will make a decision Tuesday, January 19th.
Listing courtesy of Michael Applegate, Straight-A Realty, LLC