Closed

$159,000

9151 Luella Avenue, Chicago, IL 60617
5 Beds2 Baths206 days
9151 Luella Avenue·Chicago, IL 60617
5Bedrooms
2Bathrooms
1892Year Built
About This Home

Welcome to an incredible renovation and investment opportunity in highly sought after Calumet Heights! This two-unit property holds tremendous potential for both investors and owner occupants looking to maximize their returns. The first floor offers a cozy 2-bedroom, 1-bath layout, while the second floor boasts a spacious 3-bedroom, 1-bath configuration. Imagine the possibilities of duplexing down the first floor to create an even more expansive living space or utilizing a dormer in the attic space and duplexing up the second floor! This rare gem presents the perfect chance for house hacking, where you can live in one unit and rent out the other, effectively reducing your living expenses and building equity simultaneously. For investors, this property promises fantastic rental income potential in any market. Whether you're a seasoned investor or just starting your real estate journey, renovation financing, hard money and cash are welcome, making it easier to transform this property into your dream income-generating asset. Don't miss this golden opportunity to enter the real estate market or expand your investment portfolio. Embrace the benefits of owning in this desirable location and experience the rewards of smart investing. Act now and unlock the full potential of this Calumet Heights gem!

MLS# 11840153Listed July 23, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms11

Size & Structure

Garage Spaces2
Year Built1892
Lot Size25 X125

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$159,000
Annual Taxes (2021)$1,765
Monthly Tax Est.$147
Parcel #25014050210000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedFull
Exterior & Lot

Construction

Aluminum Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$1,765
Tax Year 2021
Monthly Tax Est.
$147
per month
Property Location

9151 Luella Avenue, Chicago, IL 60617Cook County

$159,000
9151 Luella Avenue
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
206 days on market
2-car garage
25 X125
$1,765/yr taxes
$983
estimated monthly payment
Principal & Interest
$836/mo
Property Tax
$147/mo
$159,000
20% — $31,800
3%50%
6.875%
3%12%
Loan Amount
$127,200
Down Payment
$31,800

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

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

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