Closed

$49,500

8726 Escanaba Avenue, Chicago, IL 60617
8 Beds4 Baths31 days
8726 Escanaba Avenue·Chicago, IL 60617
8Bedrooms
4Bathrooms
1900Year Built
About This Home

Are you looking for consistent passive income!? Then buy this 4 unit multi-family property ASAP! Don't miss out on the opportunity to purchase, renovate and rent out this cash flow machine in South Chicago for a steal! Much of the hard work has already been completed for you! This 4 unit located in the South Chicago neighborhood will produce approximately $4,000 per month in gross revenue after the property is renovated and each unit is rented! Tenants will pay their own electric and gas! At this price you cant lose! Fun fact - 2018 set a new record for commercial/multifamily lending! Multifamily properties led the list of investments in what was a record year of commercial and multifamily lending. Don't miss out on your opportunity! Property has a double lot!

MLS# 10343326Listed April 13, 2019Residential IncomeA-Frame
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Year Built1900
Lot Size0.070 acres

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$49,500
Annual Taxes (2017)$3,711
Monthly Tax Est.$309
Parcel #26062000280000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedExterior EntryFullWalk-Out Access
Exterior & Lot

Construction

Aluminum SidingVinyl SidingFrame

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic
HOA & Community

Community Features

CurbsGatedSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$3,711
Tax Year 2017
Monthly Tax Est.
$309
per month
Property Location

8726 Escanaba Avenue, Chicago, IL 60617Cook County

$49,500
8726 Escanaba Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
31 days on market
0.070 acres
$3,711/yr taxes
$569
estimated monthly payment
Principal & Interest
$260/mo
Property Tax
$309/mo
$49,500
20% — $9,900
3%50%
6.875%
3%12%
Loan Amount
$39,600
Down Payment
$9,900

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

Listed by
Straight-A Realty, LLC
Agent: Michael Applegate
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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