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Listed by Joanna Lewkowiczof Boutique Home Realty
$ 184,900
Est. payment /mo
Active
7625 S Sangamon Street Chicago, IL 60620
8 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12507895
Bedrooms 8
Year Built 1910
Annual Tax Amount $2,953
Tax Year 2023
Lot Dimensions 32 X 124
Property Sub-Type Two to Four Units
Property Description
Attention investors, flippers, and owner-occupants! Here's your chance to acquire a solid two-flat with a duplexed first-floor unit and build instant equity. The spacious first-floor duplex offers five bedrooms and two full baths, remodeled about ten years ago. Unit upstairs is a 3 bedroom 1 bath. The property needs some repairs, TLC and cosmetic updates, but many big-ticket items have already been completed about 10 years ago including updated electric and copper plumbing, vinyl double-hung windows, glass block basement windows, separate utilities, and gas-forced air (GFA) furnaces with central AC meaning each unit has its own heating and cooling systems, ideal for separate tenant utility payments. Additional features include a rear porch built to code, security bars throughout, and recent complete tuckpointing. Property has a designated common area laundry room set up. Perfect for a rehab loan or value-add project, this property offers endless potential -live in one unit while you renovate the other or flip it for profit. Located in the up-and-coming Auburn Gresham neighborhood, one of Chicago's INVEST South/West priority communities, and near the 79th Street Corridor Plan, this area is seeing major investment and redevelopment with new mixed-use and retail projects on the rise. Don't miss this chance to invest in a growing community and unlock this property's full potential!
Location
State IL
County Cook
Community Sidewalks, Street Lights
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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