Property Address: 5032 S Prairie Ave, Chicago, IL 60615
- Neighborhood: South Side
- Township: Hyde Park
Asking Price: $119,900
Type: 2 Units Brick Multi-Family with full basement
- First Floor - 3 bed - 1 bath - Vacant
- Second Floor - 3 bed - 1 bath $1,000
- Basement - Open floor (Could be converted into 3rd unit)
Lot Size: 24 x 161 ft
This property is located in the corner of Hyde Park where all the Check out this Cash Flowing brick 2 units with high equity in Chicago, IL. One unit currently occupied with $1,000 in rent monthly.
Don't let this deal get out of your hands. There are only 4 available properties on the market within half mile radius and this is the best out of the 4.
This property is priced to sell, with ARV over $250,000 and there is enough equity to rehab, 100% refinance and hold this deal and still cash flow.
Drive by without disturbing tenants, or call/email to schedule a full walk through.
Sold comps are within .5 miles from the subject property and have been sold within the last 12 months.
Here are some 2 Units Comps:
- 4743 S Wabash Ave , Chicago, IL 60615 - Sold on 12/2015 for $320K
- 4823 S Calumet Ave , Chicago, IL 60615 - Sold on 05/2016 for $196K
Here are some 3 Units Comps:
- 5431 S Indiana Ave , Chicago, IL 60615 - Sold on 08/2015 for $265K
Please contact me directly for more pictures.
For more info call Sam at 847.752.4757
This is a wholesale deal. Do your due diligence before making an offer.
- The first one with a signed contract and earnest money gets the deal.
- Buyer pays ALL closing costs. Buyer will receive taxes prorated to 100 percent and free and clear title
- Please due all your inspections and due diligence up front before contracting.
- Realtors add whatever fee you want.
- Proof of funds required for viewing.
- Do you know someone that would buy this deal please forward this email we do compensate for referrals
- Do you need money? We have lenders ready to lend. Call us for more details
- This is an IRA Qualified investment