Photo 1 of 1
$230,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
11 |
0.00 |
0 |
$5,015.09 |
1904 |
On the market:
8 days
short-sale
|
View full details, 15 photos, school info, and price history
This property would make a great rehab project. The home needs a full gut rehab to the studs but it will make for a great investment property one day. It features 3-units; the first floor unit is a duplex down unit. It also has a 2-car detached garage. This home is close to schools, Jewel, University of Chicago, public transportation, parks, and much more. IMPORTANT NOTES: First, the property will not be trashed out prior to closing. Second, this is an as-is, where-is sale. Third, the buyer is responsible for a $4,000 short-sale fee and a $1,500 title lien fee; the total amount is $5,500; this amount is non-refundable. Fourth, your offer is subject to lender approval. The short-sale process has just begun and patience is required. Fifth, one of the units has not paid their rent since September; the buyer will be buying this property with all tenants in place and the buyer will need to file an eviction on any and all non-performing tenants. Sixth, the owner will not pay for a survey. Seventh, cash only due to its condition. Eighth, the assessed value increased 37.03%; the upcoming property tax bill will be about $7,834 per year with a homeowners exemption.
Listing courtesy of Peter Drossos, Peter Drossos Real Estate