[$104k] Investment Property in Chicago, Auburn Gresham – Brick 2-Unit – ARV $315k

Address: 7536 S Sangamon St Chicago, IL 60620

Asking price: $104,000
After repair value: $315,000

4 Bedrooms

2 Bathrooms

2,212 Sq.Ft.

3,720 Sq.Ft. Lot

2-Car Garage

Built in 1913

Type: Brick 2-unit 

Basement: unfinished can be finished to add beds and bath.
 
After rehab value: $315,000
Rehab: gut rehab
 
Occupancy: occupied can be vacant at closing
 
Rents for up to: $2,700 per month after rehabbed with finished basement.
 
Taxes: $2,604 per year
 

Investment property in Auburn Gresham area, Chicago, IL. Only $104,000. Estimated after repair value $315,000.

Brick 2-unit with 4 beds, 2 baths, 2212 sq feet, 2 car garage, unfinished basement.

Property needs gut rehab, and basement can finished to add 2 beds and 1 full bath.

Rehabbed sold comparables in Auburn Gresham area of Chicago IL sold within 1/2 mile away and in the last 6 months average $315,000.

Property can be rented for $2700 per month after rehabbed. 

 
Sold Comparables in Auburn Gresham area Chicago IL sold in last 6 months within 1/2 mile away. Click on sold comparable to view more detail
 
7800 S Green St Chicago, IL 60620 $295,000 Last Sold May 7, 2020, 5 Beds 3 Baths 2,293 Sq. Ft.
 
7931 S Ada St #1 Chicago, IL 60620 $320,000 Last sold June 26, 2020, 6 Beds 2 Baths 2,472 Sq. Ft
 
7500 S PEORIA St Chicago, IL 60620 $325,000 Sold August 19, 2020, 6 Beds 3 Baths 2280 Sq. Ft
 
7938 S Justine St #2 Chicago, IL 60620 $315,000 Last Sold August 6, 2020 5 Beds 2 Baths 2,400 Sq. Ft.
 
PENDING 8108 S Justine St Chicago, IL 60620 $324,900 Listed at Price 5 Beds 3 Baths 2216 Sq. Ft: 
 
Estimated After Repair Value $315,000
 
For showings and more details on properties contact:
Act Fast! 
This will be gone Fast. The first one with a signed contract and earnest money gets the deal.
 
We have an equitable interest in the property and we are selling our contract. 
 

Cash or private/ hard money only. We have affiliated lenders ready to lend contact us.

Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated to 100 percent and free and clear title.

Please do all your inspections and due diligence up front before contracting.

Realtors add your commission to the price.

Proof of funds required for viewing.

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