🔥🏠 MFH Investment Opportunity in Chicago IL (Englewood) 🎯📢

5 Bed x 2 Bath Available on South Peoria Street, Chicago, IL. 60621

Asking Price- $152,000

ARV ~ $350,000

SQFT- 2,190

Year Built: 1915

Notes-

• Brick exterior with flat roof
• 2-car garage (located at the back)
• First floor: 2 beds/1 bath; Second floor: 3 beds/1 bath
• Needs renovation
• Located in the Englewood neighborhood of Chicago

This 2-unit brick building located on S Peoria St, Chicago, IL 60621 is a solid investment opportunity in need of renovation. The building features a total of 5 bedrooms and 2 bathrooms. The first floor contains 2 bedrooms and 1 bathroom, while the second floor consists of 3 bedrooms and 1 bathroom. With a total of 2,190 square feet, this property offers significant space for both residential living or rental income. A flat roof and brick exterior add to the durability of the building's structure. There is a 2-car garage located at the rear of the property, providing convenient parking for occupants.

The building requires a renovation, which offers the potential to modernize and increase the value. The property is situated in the Englewood neighborhood of Chicago, an area that has seen ongoing efforts for community development and investment. With easy access to public transportation, schools, and parks, the area has a mix of single-family homes and multi-unit buildings, making it a prime location for rental properties or multi-family living.

The renovation will allow for customization, potentially increasing the ARV for rental income or resale in a neighborhood that has seen growth initiatives.

Don't miss out !! 📢📝🎯💰🚀

Comps-

7028 S Sangamon St, Chicago, IL, 60621- $330k
6927 S Peoria St, Chicago, IL, 60621- $395k
6940 S Green St # 2, Chicago, IL, 60621- $389k

Closing will be on or before 09.27.24

Please contact me directly for more questions.

Jake Zec
TruOffer
708-847-6558
jake@truoffer.co