Closed

$315,000

7229 Exchange Avenue, Chicago, IL 60649
3 Beds3 Baths0 sqft19 days
7229 Exchange Avenue·Chicago, IL 60649
3Bedrooms
3Bathrooms
0Sq Ft
2006Year Built
About This Home

This is an AMAZING opportunity to secure over $60K in equity! This newer construction townhome offers 14 ft ceilings and 3,000 sq. ft. of luxury at an affordable price. Inside, you'll find Italian marble countertops, stainless steel appliances, and a spacious master suite. The home boasts two balconies and a rooftop with stunning views of the lake and downtown. Additional features include two garage parking spaces and central air and heat. This property is ideal for both owner-occupants and investors, with low property taxes and no HOA fees. It's also a fantastic option for Airbnb or VRBO rentals; the previous owner earned up to $5,700 per month through short-term rentals. The seller is willing to provide closing cost assistance based on the offer presented. Don't miss out on this incredible opportunity! Property has recently been painted and updated within the last 2 weeks!

MLS# 12183606Listed October 8, 2024Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms6

Size & Structure

Living Area0 sqft
Stories3
Garage Spaces2
Fireplaces1
Year Built2006
Lot Size1161

Location

CountyCook
TownshipSouth Chicago
Zip Code60649

Financial

List Price$315,000
Annual Taxes (2022)$2,057
Monthly Tax Est.$171
Parcel #21301060570000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigerator

Flooring

Hardwood

Heating

Natural Gas

Cooling

Central Air

Basement

Crawl SpacePartial

Laundry

Upper Level

Fireplace

Electric
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Concrete Perimeter

Exterior Features

BalconyRoof Deck

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

150 Amp Service

Parking

ConcreteGarage Door OpenerOn SiteGarage OwnedAttachedGarage
HOA & Community

HOA Includes

None

Association Amenities

None
Tax & Financial
Annual Taxes
$2,057
Tax Year 2022
Monthly Tax Est.
$171
per month
Property Location

7229 Exchange Avenue, Chicago, IL 60649 — Cook County

$315,000
7229 Exchange Avenue
3 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
19 days on market
2-car garage
1 fireplace
1161
$2,057/yr taxes
$1,827
estimated monthly payment
Principal & Interest
$1,655/mo
Property Tax
$171/mo
$315,000
20% — $63,000
3%50%
6.875%
3%12%
Loan Amount
$252,000
Down Payment
$63,000

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

Listed by
Berg Properties
Agent: Scott Berg
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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