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742 E 88th Street

Chicago, IL 60619
  • $125,000
  • STATUS: Active Under Contract
  • ON SITE: 137 Days
  • MLS #: 11942718
Under Contract
$125,000
  • 6
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

School District:
299

Description

Welcome to this incredible 2-flat property in the heart of Chatham, offering endless potential for a skilled contractor or handyman! The property has extensive termite damage: under the rear porch, in the support beams in the crawl space, and to the exterior sheathing on the south side of the house behind the kitchens. This property is located in the thriving 60619 zip code, which has seen a remarkable 12% increase in rent over the past year. If you're seeking a project that allows you to put your renovation skills to work, this is the perfect opportunity for you. This property presents an excellent investment prospect for those looking to capitalize on the rental market or individuals who want to live in one unit while renovating the other. Currently, both units are vacant, eagerly awaiting your vision. The first-floor unit showcases a spacious layout, featuring three bedrooms, two bathrooms, a generous living room, and a separate dining area. You'll find that both units have been primed for transformation with modern finishes and an abundance of natural light that permeates throughout. Situated on a generous lot, this property offers a sizable backyard and a two-car garage, providing convenient off-street parking for its future residents. Moreover, its location near public transportation, shopping centers, dining establishments, and entertainment options adds to the overall appeal. Additionally, families will appreciate the property's proximity to excellent schools, making it an ideal choice for those with children. This outstanding handyman special (termite damage in rear and under house) presents an exceptional investment opportunity that should not be overlooked. Don't hesitate to reach out to us today to schedule a showing and discover the untapped potential that awaits with this property.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-22T08:33:40.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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742 E 88th Street Chicago, IL 60619

  • Price: $125,000
  • Status: Active Under Contract
  • On Site: 137 Days
  • MLS #: 11942718
6
Beds
0
Baths
0
½ Baths
0.07
Acres
1895
Built
Neighborhood:
Chi - Chatham
County:
Cook
Area:
Chi - Chatham
School District:
299
Property Description
Welcome to this incredible 2-flat property in the heart of Chatham, offering endless potential for a skilled contractor or handyman! The property has extensive termite damage: under the rear porch, in the support beams in the crawl space, and to the exterior sheathing on the south side of the house behind the kitchens. This property is located in the thriving 60619 zip code, which has seen a remarkable 12% increase in rent over the past year. If you're seeking a project that allows you to put your renovation skills to work, this is the perfect opportunity for you. This property presents an excellent investment prospect for those looking to capitalize on the rental market or individuals who want to live in one unit while renovating the other. Currently, both units are vacant, eagerly awaiting your vision. The first-floor unit showcases a spacious layout, featuring three bedrooms, two bathrooms, a generous living room, and a separate dining area. You'll find that both units have been primed for transformation with modern finishes and an abundance of natural light that permeates throughout. Situated on a generous lot, this property offers a sizable backyard and a two-car garage, providing convenient off-street parking for its future residents. Moreover, its location near public transportation, shopping centers, dining establishments, and entertainment options adds to the overall appeal. Additionally, families will appreciate the property's proximity to excellent schools, making it an ideal choice for those with children. This outstanding handyman special (termite damage in rear and under house) presents an exceptional investment opportunity that should not be overlooked. Don't hesitate to reach out to us today to schedule a showing and discover the untapped potential that awaits with this property.
Exterior Features

Exterior Building Type Aluminum SidingVinyl Siding Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Fenced YardSidewalksStreetlights Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Garage Parking Total 2 Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 13

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2015 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1809.8 Tax Year 2021 Total Numberof Unitsin Building 2 Township Hyde Park Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Pearson Realty Group: 773-325-2800.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-22T08:33:40.79 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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