8559 S Escanaba Avenue , Chicago, IL 60617
Chicago, IL 60617
Description
ABSOLUTE STEAL! Great investment opportunity for First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that can provide you with a positive CASH FLOW! This property has potential to profit over 100k in equity after some TLC. Layout = (2) 2 Bedrooms + (2) 3 Bedrooms --- One with 12 Ft Ceilings. Unfinished basement with endless possibility for a Common Laundry Area or additional Storage. Off Street Parking w/ a 2 car parking pad in the rear. Total Rental Income of approx. 5,000+/month + 60,000+/Year. The property is located 5 minutes walking distance from the newly built South Chicago Dispensary, the Metra train, 10 minutes walking distance from Rainbow beach, located near schools, retail shopping and local markets. Just a few blocks away from major economic developments unfolding in the area. Perfect opportunity to invest in a thriving market. Research: THE PSI QUANTUM CAMPUS PROJECT SET TO BE LOCATED AT THE FORMER USX SITE CHICAGO'S SOUTH SIDE. THE INVERTCHICAGO
Details
| MLS# | 12303839 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1913 |
| Days On Site | 14 |
| Listing Provided By | Coldwell Banker Realty | Shuatequa Johnson |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
Market Activity 60617
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| School District | 299 |
| Elementary School | 299 |
| Middle School | 299 |
| High School | 299 |
| Listing VS Median (In 60617) | |
Price: $365,000 low | high Med: $209,450 On site: 14 low | high Med: 77 | |