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    8602 S Aberdeen Street

    Chicago, IL 60620
    • $595,000
    • STATUS: Active
    • ON SITE: 297 Days
    • MLS #: 10959267
    UPDATED: 77 min ago
    $595,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,144
      SQFT
    • $97
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1921
    County:

    School Ratings & Info

    Description

    VALUE ADD OPPORTUNITY! Excellent and quiet location in Gresham. Building has been 80% rehabbed already. 2 units have been gut rehabbed with 4 more units to go that require cosmetic updates. Good building mix with all 6 units being large 2 bedrooms. Perfect for an investor to come in and finish cosmetic updates, and then increase rents. Gorgeous and Well Maintained Brick 6 Unit Building Nestled on a Corner Lot in residential Area! New Electrical Service, laundry room, and 2 new common hallways. Exterior Updates Include Newer Rear Porch, Newer Vinyl Windows, Tuck-Pointing and roof. The Property is Fully Occupied with Long Term Tenants with plenty of opportunity to increase rents through renovation process. The property is located in the City of Chicago Opportunity Zone!! Huge Upside Potential for any Seasoned Investor! Serious Inquiries Only - Must provide proof of funds or financing for showing.

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    © 2021 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 2021-10-21T23:01:00.103 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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    8602 S Aberdeen Street Chicago, IL 60620

    • Price: $595,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: 10959267
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,144
    SQFT
    $97
    $/SQFT
    1921
    Built
    Neighborhood:
    Chi - Auburn Gresham
    County:
    Cook
    Area:
    Chi - Auburn Gresham
    Property Description
    VALUE ADD OPPORTUNITY! Excellent and quiet location in Gresham. Building has been 80% rehabbed already. 2 units have been gut rehabbed with 4 more units to go that require cosmetic updates. Good building mix with all 6 units being large 2 bedrooms. Perfect for an investor to come in and finish cosmetic updates, and then increase rents. Gorgeous and Well Maintained Brick 6 Unit Building Nestled on a Corner Lot in residential Area! New Electrical Service, laundry room, and 2 new common hallways. Exterior Updates Include Newer Rear Porch, Newer Vinyl Windows, Tuck-Pointing and roof. The Property is Fully Occupied with Long Term Tenants with plenty of opportunity to increase rents through renovation process. The property is located in the City of Chicago Opportunity Zone!! Huge Upside Potential for any Seasoned Investor! Serious Inquiries Only - Must provide proof of funds or financing for showing.
    Exterior Features

    Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Curbs And GuttersLighting/ExteriorSecurity EntranceSidewalks Parking Total 2 Roof Rubber Roof Structure Flat

    Interior Features

    Basement UnfinishedExterior Access Cooling None Heat Ventilation Central Bldg HeatGas Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

    Property Features

    Additional Parcels YN No Approximate Age Older Association Fee Includes None Building Area Total 6144 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Fire Extinguisher/SCarbon Monoxide Detector(S) Gross Income 65712 Gross Scheduled Income 67512 Insurance Expense 3060 Maintenance Expense 1500 Net Operating Income 41652 Operating Expense 25860 Ownership Types IndividualLimited Liability Corp Possible Use Multi-Family Tax Annual Amount 4789 Tax Year 2019 Tenant Pays ElectricityOther Total Monthly Income 5476 Township South Chicago Type Multi Family 5+ Utilities Water-Municipal Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Halsted Taylor Real Estate.


    © 2021 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 2021-10-21T23:01:00.103 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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    4112C Fieldstone Road
    Champaign IL, 61822