250 24th Place

    Chicago, IL 60616
    • $849,000
    • STATUS: Active Under Contract
    • ON SITE: 52 days
    • MLS #: 10121289
    Under Contract
    $849,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,991
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1886
    County:

    School Ratings & Info

    Description

    Excellent 16 bedrooms, 8 baths investment opportunity in Chinatown/East Pilsen/South Loop area. 6 units with 2 bedrooms/1bath plus two units with 2 bedrooms/1 bath garden units. Garden units finished in 2008 with separate ingress/egress. Proximity to downtown, expressways, CTA Redline, IIT campus and proposed new 62-acre South Loop neighborhood. Perfect for the savvy investor to add equity by updating the existing units to maximize income. Ne roof, parapet wall, porch, and tuckpointing in 2013. First floor front and rear units can easily be duplex down to garden units for additional living space. Located on quiet tree-lined street across from Sun-Yet Park. Priced below market for a quick sale. Owner will consider all reasonable offers. 48 hours' notice and bank pre-approval or POF required for showings. Seller is accepting highest and best offers until November 1, 2018. MLS #10121289

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T23:49:52.587.

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    www.tsgre.com/homes/88839658

    250 24th Place Chicago, IL 60616

    • Price: $849,000
    • Status: Active Under Contract
    • MLS #: 10121289
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    4,991
    SQFT
    $170
    $/SQFT
    1886
    Built
    Neighborhood:
    Chi - Armour Square
    County:
    Cook
    Area:
    Chi - Armour Square
    Property Description
    Excellent 16 bedrooms, 8 baths investment opportunity in Chinatown/East Pilsen/South Loop area. 6 units with 2 bedrooms/1bath plus two units with 2 bedrooms/1 bath garden units. Garden units finished in 2008 with separate ingress/egress. Proximity to downtown, expressways, CTA Redline, IIT campus and proposed new 62-acre South Loop neighborhood. Perfect for the savvy investor to add equity by updating the existing units to maximize income. Ne roof, parapet wall, porch, and tuckpointing in 2013. First floor front and rear units can easily be duplex down to garden units for additional living space. Located on quiet tree-lined street across from Sun-Yet Park. Priced below market for a quick sale. Owner will consider all reasonable offers. 48 hours' notice and bank pre-approval or POF required for showings. Seller is accepting highest and best offers until November 1, 2018. MLS #10121289
    Exterior Features

    Construction Brick Foundation Stone Frontage Access City Street Lot Dimensions 25 X 125 Lot Sq Ft 3125 Number Of Parking Spaces 0 Roof Structure Flat

    Interior Features

    Air Conditioning None Basement Description Finished Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 0 Number Of Fireplaces 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Full Bathrooms Type5 1 Number Of Ranges 8 Number Of Refrigs 8 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 2 Number Of Rooms Unit2 0 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 8 Number Of Units Apt Type2 0 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 0 Repairs Decor Expense 500

    Property Features

    Age Older Assessment Includes None Built Before1978 YN Yes Contingency Flag Attorney/Inspection Current Use Residential-Multi-Family Electric Expense Source Owner Projection Electrical Service 0-100 Amps120V Power Electricity Expense 0 Expense Year 2017 Exterior Building Type Brick Fuel Expense 0 Fuel Expense Source Owner Projection Green Supporting Documents No Gross Rental Income Amount 5000 Heat Ventilation ElectricGas Insurance Expense 2500 Insurance Expense Source Owner Projection Janitor Expense 0 Janitor Expense Source Owner Projection Known Encumbrances None Known Monthly Income Max1 850 Net Oper Income Amount 45735 Number Of Window Ac 8 Other Expense Source Owner Projection Other Expenses 0 Owners Assoc YN No Possession Closing Potential Use Residential-Multi-Family Tax Year 2017 Taxes 9265 Tenant Pays ElectricHeat Total Annual Exp 5000 Total Annual Expense Source Owner Projection Total Annual Income 60000 Total Monthly Income 5000 Township South Chicago Type Multi Family Flats Utilities To Site Sanitary Sewer To SiteWater-Municipal Washer Dryer Lsd YN No Water Expense 1500 Water Expense Source Owner Projection Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Metro Realty Inc..


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T23:49:52.587.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647