Closed

$85,000

7225 Woodlawn Avenue, Chicago, IL 60619
3 Beds0 Baths9 days
7225 Woodlawn Avenue·Chicago, IL 60619
3Bedrooms
0Bathrooms
1910Year Built
About This Home

Located in highly sought after south Woodlawn community this building is a blank slate waiting for its artist to bring back to life! The building is situated on a large corner lot and features an all brick exterior with a fenced yard! The building was at one time a legal three unit and has been stripped completely on the interior and is just a shell. There is no flooring, no walls, nothing on the interior, three stories of brick with the interior needing to be finished. Former owner did replace the roof and did some tuckpointing to the property, buyer will assume the repairs but the potential is endless. WE are seeing renovated values in the mid $300K range, make 3 bedrooms per unit and create a cash cow or duplex the first floor unit to the basement and make one of the units an owners unit while watching your equity soar! The location is hard to beat, close to Skyway, Lake and public transportation, there is so much potential with this building and at this price will not last long.

MLS# 12107263Listed July 10, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms0
Total Rooms3

Size & Structure

Year Built1910
Lot Size35 X 100

Location

CountyCook
TownshipHyde Park
Zip Code60619

Financial

List Price$85,000
Annual Taxes (2022)$379
Monthly Tax Est.$32
Parcel #20262080140000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic
Tax & Financial
Annual Taxes
$379
Tax Year 2022
Monthly Tax Est.
$32
per month
Property Location

7225 Woodlawn Avenue, Chicago, IL 60619Cook County

$85,000
7225 Woodlawn Avenue
3 bd0 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
35 X 100
$379/yr taxes
$478
estimated monthly payment
Principal & Interest
$447/mo
Property Tax
$32/mo
$85,000
20% — $17,000
3%50%
6.875%
3%12%
Loan Amount
$68,000
Down Payment
$17,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Properties
Agent: Ryan Smith
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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