Chicago Investment Opportunity: Multi-Family Renovation Ready!

  • $59,000
  • $250,000/ARV
104XX S Michigan Ave, Chicago, IL 60628, USA
Available

Chicago Investment Opportunity: Multi-Family Renovation Ready!

104XX S Michigan Ave, Chicago, IL 60628, USA
  • $59,000
  • $250,000/ARV

Overview

Property ID: 19065
  • Residential
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1,600
  • sqft

Description

Promising Multi-Family Investment in Chicago, IL

Embark on a rewarding investment journey with this off-market multi-family property nestled in the community-oriented ambiance of Chicago, IL. With a listing price of $59,000, this dual-unit domicile, each hosting 2 bedrooms and 1 bathroom, unfolds a lucrative venture for the astute investor.


šŸ’ø Financial Snapshot:
  • After Repair Value (ARV): $245,000 ā€“ $250,000
  • Rehabilitation Estimate: $60,000 ā€“ $70,000

šŸ“ Rehab Checklist:
  • Interior Revamping: Upgrade the interiors to modern standards.
  • Exterior Beautification: A fresh coat of paint and landscaping to elevate curb appeal.
  • Appliance Update: Modern appliances to complete the home.

āœ… Core Features:
  • Spacious Layout: Ample room for tenant comfort and satisfaction.
  • Sturdy Construction: Frame construction ensuring a solid foundation.
  • Basement Space: Additional space for storage or potential living expansion.

šŸ’° Market Dynamics:
  • 348 W 109th St, Chicago, IL 60628 sold for $255,000
  • 139 W 109th St, Chicago, IL 60628 sold for $245,000
  • 1053 W 104th St, Chicago, IL 60628 sold for $260,000

The recent comparable sales in the vicinity underscore a potential for a rewarding ROI, making this a savvy investment move.


Visiting the Property: Reach out to us to schedule your exclusive viewing before heading to the property.

For Any Questions Or Further Interest Please Call: (773) 985-7343


Other hot deals we have: Click Here!
Learn more about this neighborhood here: Click Here!

Details

Updated on April 8, 2024 at 5:26 pm
  • Property ID: 19065
  • Price: $59,000
  • Property Size: 1,600 sqft
  • Bedrooms: 4
  • Bathrooms: 2
  • Property Type: Residential
  • Property Status: Available
  • Address 104XX S Michigan Ave, Chicago, IL 60628, USA
  • City Chicago
  • State/county Illinois
  • Zip/Postal Code 60628
  • Country United States

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