7408 S Emerald Avenue
Englewood, Chicago, IL 60621
$374,999
Description
7408 S Emerald Avenue,
Chicago,
IL
60621
Great Investment Opportunity! Solid Brick 4 Unit Building with 2 car detached brick garage and full, unfinished basement! Two - 2 bedroom units and two - 1 bedroom units - all with large living and dining rooms! Units 2 and 4 are currently rented month to month and Unit 3 is rented to a long term Section 8 tenant. Unit 1 is currently vacant. Unit1 has been recently painted and refreshed and units 2 and 4 were updated in 2020 with refinished hardwood floors, fixtures and interior paint! Water heater and furnace were replaced in 2022! Unit 1 needs updates/repairs. Rents haven't been increased since 2019 and could be substantially increased! SELLER IS SENDING NOTICES TO INCREASE CURRENT RENTS AND RENT THE VACANT UNITS AND NEW MONTHLY RENT IS EXPECTED TO Increase to 4,045. The seller will accept offer contingent on providing updated leases. Being sold As Is.
This is an Active listing.
Broker Office Phone Number: 708-798-1111
Copyright © 2024Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Asphalt Shingle Roof
- Garage
Listing By: Keller Williams Preferred via Data Source: Midwest Real Estate Data, LLC
Multi Family
Property type
Price History
| date | price | variance | type |
|---|
| 9/27/2024 | $374,999 | 6.25 % | decreased |
| 6/20/2024 | $400,000 | - | Listed |
listing agent: Harry Ventimiglia
