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8046 S Ellis Avenue Chicago, IL 60619
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Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,400 sqft
Price per Sqft $32
MLS Listing ID 11795800
Sold Date 09/01/23
Year Built 1923
Annual Tax Amount $4,423
Tax Year 2021
Lot Size 6,098 Sqft
Lot Dimensions 125X50
Property Description
CHATHAM 6 UNIT! A great opportunity for the savvy investor or contractor. All brick six flat ready to be finished. Demo has been done. 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 or condo. Could also potentially convert basements to add 2 more units. All you need to do is finish the work. Buyer to assume any and all city items. Sold as-is. Cash or rehab only. Rental rates for 3 bedroom rehabbed units are going for $1500 monthly which yields 108K in yearly gross rental income. Come see it today!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Fireplace Y
Exterior
Utilities Available Water-Municipal
View Y/N true
Roof Type Tar and Gravel
Building
Foundation Concrete Perimeter
Structure Type Brick, Concrete
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Bought with Sharie Jackson • eXp Realty, LLC
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