$849,900 $4,562 est/mo Sourced by Back At You

8001 S Perry Avenue,Chicago, IL 60620

Chicago IL, 60620

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Description

Welcome to your next investment opportunity in the vibrant West Chatham area of Chicago! This impeccably maintained 10-unit building offers a prime chance to expand your portfolio while stepping into a turnkey operation. The current rents are below todays market value. Here's a glimpse into what this property has to offer. Property Description: Nestled in the heart of West Chatham, this 10-unit gem stands tall as a testament to enduring quality and care. Boasting a rich history of over 60 years under the stewardship of its current owners, this property exudes a sense of reliability and longevity. Key Features: Appliances Included: The convenience is built right in, as the property comes furnished with stoves and refrigerators provided by the owner, facilitating a seamless transition for new tenants. Underground Water Sprinkler System: Ensuring lush greenery year-round, the underground water sprinkler system keeps the lawn vibrant and welcoming, enhancing curb appeal. Recent Updates: With a roof installed just 3 years ago and windows replaced approximately 8 to 9 years ago, this building showcases modern functionality while preserving its timeless charm. Strategic Location: Situated near interstate highways and major transportation routes, tenants enjoy easy access to urban amenities and commuter convenience. Security Measures: From the gated front entrance with a wrought iron gate to the security gate at the rear, safety and peace of mind are prioritized at every turn. Community Spaces: The updated back porches provide a serene retreat for residents, while the spacious backyard offers a perfect setting for neighborly gatherings and fostering a sense of community. Investment Potential: This property presents an exceptional opportunity for savvy investors seeking to enhance their portfolio. With a solid foundation of long-term ownership, meticulous upkeep, and desirable amenities, it promises both immediate returns and long-term value appreciation. Don't miss out on the chance to make this meticulously maintained building a cornerstone of your real estate portfolio. Take the next step toward securing your future in the thriving West Chatham market today! Price reduced, motivated seller willing to contribute to the buyer's closing cost with a reasonable offer.

Details

MLS#12041404
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1929
Days On Site30
Listing Provided ByCharles Rutenberg Realty of IL | Sherman Tidwell

Features

Story(s)2
Units10
ZoningMULTI
Acreage8358.00

Market Activity 60620

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60620
AreaCHI Chatham
Listing VS Median (in 60620)
Price:
$849,900
low | high
Med:
$239,450
100% of Average
On Site:
30
low | high
Med:
7
100% of Average
Sourced by Back At You
Listing Updated: May 23, 2024 at 1:42:20 AM PDT