CASH COW IN CHICAGO SECTION 8 GEM READY TO START CASH FLOWING

Chicago, IL, 60643
Sold
Listed at: October 3rd, 2024
Price
$120,000
ARV
$200,000
Gross Margin
$80,000
Sq. Footage
1400
Type
Single-Family
Parking
Driveway
Year build
1925
Lot size
0.07 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Attention Investors looking to pick up a cash cow in the 60643 zip code of chicago. This property is currently tenant occupied at $1300 per month and the tenant is willing to go up to $1500 to stay on a month to month deal. Section 8 Pays up to $3000 per month. Key fetaures include:

-4 bedrooms

-1 1/12 bathroms

-1400 sq ft of living

-Porperty is currently tenant occupied but can be delivered vacant

-this property is in great shape and in rental condition small touch ups can be added but not much work needed

-ssection 8 can pay up to $3000 per month in this pocket

-only asking $120,000

very little work needed if any

ARV around $200,000

🔥Contact me today at (586)556-1365 to set up a walk-through and to submit your highest and best offer🔥

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

● Buyer pays all closing costs

● Get in touch with us now!

Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.

Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Dominic Lafata

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Disposition manager