Address
8046 S Ellis Avenue Chicago, IL
Price
$ 299,000
Property Attributes
  • MLS#11242137
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Chatham
  • NeighborhoodChatham
  • Zip60619
  • StyleMulti-Family
  • Year Built1923
  • Taxes$ 3400
  • Price$ 299,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8400
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Town Center Properties
Data Source:
Midwest Real Estate Data (MRED)
Property Description

A great opportunity for the savy investor or contractor. BR six flat ready to be completed. Roughed in plumbing, conduit, some ductwork and roof repaired plus sealed with Gaco silicone. Seller has plans to convert to 3 bed units w/ separate utilities. Could also potentially convert basements to add 2 more units. All you need to do is finish the work. Buy outright or seller may entertain partnerships. Buyer to assume any and all city items. Sold as-is. Cash or rehab only. Seller has done estimates for rental w/ sec 8 next year. Rates are $1460 for 3 beds and seller anticipated receiving around 105K in yearly gross rental income.

Price History
1/15/2022 Listed $350,000
2/17/2022 15% - $299,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick, Concrete
Contingency Attorney/Inspection
Cooling None
County Cook
Current Use Multi-Family
Days on Market 61
Directions 79st Street east to Ellis, south to location.
Electric Circuit Breakers
MLS Area CHI - Chatham
Possession Closing
Possible Use Condominium
Property Type Commercial Sale
Property Type Multi Family 5+
Roof Tar and Gravel
Standard Status Active Under Contract
Status Contingent
Stories 3
Street Name Ellis
Tax Annual Amount 3400
Tax Year 2020
Tenant Pays Electricity, Heat
Total Units 6
Township Hyde Park
Utilities Water-Municipal
Year Built 1923
Zoning MULTI

Interior Features

Basement Unfinished
Buyerofficeemail il.broker@exprealty.net
Street Suffix Avenue

Exterior Features

Building Area Total 8400
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 125X50
Lot Size Acres 0.14
Total Parking 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60619

Price
AVG $240K
$300K
Taxes
AVG $2,823
$3,400
Visits
AVG 51
84
Year Built
AVG 1930
1923
Walkscore
AVG 69
79
Data Provided by Walkscore ® not using MLS data

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