8611 S Yates Blvd., Chicago, IL 60617

FHA 203K offers accepted starting August 8th. Get your 203k paperwork prepped now so we can close in August. This gorgeous 3 unit on Yates Boulevard is a rare find. Each spacious unit features a living room, dining room, great kitchen space along with 2 generous bedrooms with plenty of closet space. With some cosmetic updating, each unit can rent for $1150/mo to $1200/mo. After repair value of this beauty is $340K. Ask me how I know, because I just sold $7829 S. Chappel & it was an identical building exactly 1 mile away. That property was sold before it hit the market and had multiple back up offers on it. This is perfect for an investor who wants to buy, renovate & hold, or buy renovate & sell. The formula for either strategy works. New boiler was installed in 2017. Hardwood flooring throughout all 3 units. City of Chicago Violations can be cured very easily. Seller has a porch specialist who can remedy the porch violations with plans and permits. Owned by Licensed Real Estate Broker