ClosedPrice Reduced

$225,000

$235,000
7342 Sangamon Street, Chicago, IL 60621
6 Beds2 Baths252 days
7342 Sangamon Street·Chicago, IL 60621
6Bedrooms
2Bathrooms
1895Year Built
About This Home

This exceptional investment opportunity has become available again due to the buyer's financing falling through. Take advantage of this fully rehabilitated 2-unit building that offers a multitude of benefits. The property consists of two 3-bedroom, 1-bathroom units, each equipped with appliances, including a washer and dryer. Recently installed in 2022, the HVAC system provides individual heating and central air conditioning for each unit, ensuring comfort and efficiency. These units have been thoughtfully modernized with upgraded fixtures and contemporary finishes. Enjoy the elegance of the space as the abundant natural light shines through the cascading windows and bounces off the beautiful, hardwood floors. Distinctive features include separate front entrances and rear exits for both units, as well as a convenient 2-car parking pad. The walkout basement offers ample storage for the owner or tenants. Recently vacated by tenants, the units have been refreshed, making this building truly turnkey. It's ideal for an investor looking to rent out both units or a new homeowner who wants to live in one unit while earning rental income from the other, helping to offset the mortgage. The property has already undergone an FHA appraisal with no repair requirements, streamlining the process for prospective buyers. Don't miss this opportunity - schedule a viewing today to explore all that this property has to offer!

MLS# 11760802Listed April 17, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms12

Size & Structure

Year Built1895
Lot Size0.070 acres

Location

CountyCook
TownshipLake
Zip Code60621

Financial

List Price$225,000
Original Price$235,000
Annual Taxes (2021)$336
Monthly Tax Est.$28
Parcel #20292200380000
Interior Features

Heating

Natural Gas

Basement

UnfinishedWalk-Out Access
Exterior & Lot

Construction

Aluminum SidingVinyl SidingSteel Siding

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Off AlleyOn SiteOwned
Tax & Financial
Annual Taxes
$336
Tax Year 2021
Monthly Tax Est.
$28
per month
Price Reduced by $10,000
Original list price: $235,000
Property Location

7342 Sangamon Street, Chicago, IL 60621Cook County

$225,000
7342 Sangamon Street
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
252 days on market
0.070 acres
$336/yr taxes
Price reduced $10,000
$1,210
estimated monthly payment
Principal & Interest
$1,182/mo
Property Tax
$28/mo
$225,000
20% — $45,000
3%50%
6.875%
3%12%
Loan Amount
$180,000
Down Payment
$45,000

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

Listed by
Real People Realty
Agent: Marsha Green
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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