8157 S Chappel AVE Pending

Chicago,IL 60617

$ 300000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12304313

Year Built 1928

Annual Tax Amount $7,971

Tax Year 2023

Lot Dimensions 50X123

Property Sub-Type Multi Family 5+

Property Description

EXCELLENT INVESTMENT OPPORTUNITY TO PURCHASE CORNER LOT YELLOW BRICK 8 UNIT APARTMENT BUILDING IN SOUGHT AFTER SOUTH SHORE AREA. THERE ARE 8 LARGE ONE BEDROOM UNITS, TWO UNITS IN THE PROPERTY WAS TOTALLY GUTTED AND CLEANOUT DUE TO FIRE DAMAGE, TWO UNITS HAVE SMOKE DAMAGE, BUT REMAINING FOUR UNITS ARE IN GOOD CONDITION, BRAND NEW REAR PORCH, NEWER WINDOWS, PROPERTY BEING SOLD AS-IS, SELLER WILL NOT DO ANY ADDITIONAL CLEANOUT OF UNITS, BUYERS AND AGENTS MUST SIGN HOLD HARMLESS WAIVER BEFORE ENTERING PROPERTY DUE TO FIRE DAMAGE. HIGHLY MOTIVATED SELLER, INVESTORS THIS WILL NOT LAST, UNITS WERE RENTED BELOW RENTAL RATE IN THE MARKET AREA.

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

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