Chicago, IL 60619 1061 E 80TH Street

Pending
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Presented By: Be Realty, LLC
  • MLS# 12069258
  • 05/28/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 4

Home Details

Introducing a prime investment opportunity in the heart of the East Chatham neighborhood of Chicago. This multifamily property boasts a 2,976 square foot, low-rise building with four units, on an oversized 4,500 SF triangular shaped lot. The building, originally built in 1966, was thoughtfully renovated in 2015 including upgraded kitchens with modern backsplash. Currently at 75% occupancy with a fourth unit that was recently refreshed and is now ready for a new tenant. This property presents strong income potential with room for growth. With its strategic location and attractive features, this multifamily residence represents an enticing prospect for those seeking to expand their investment portfolio in the thriving Chicago real estate market. Property is being sold As-Is. POF required prior to any showing.
Presented By: Be Realty, LLC

Interior Features for 1061 E 80TH Street

Bedrooms

Bedrooms Possible8
Total Bedrooms8

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementNone
BasementNone
Total Number of Units4

Other Rooms

Room TypeUtility Room-1st Floor

General for 1061 E 80TH Street

Additional Parcels Y/NNo
CityChicago
Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved
CountyCook
Days on Market7
Directions79TH EAST TO GREENWOOD, SOUTH TO PROPERTY
Electric Expense732
Elementary School District299
Fuel Expense490
Gross Income45600
HeatingNatural Gas, Radiant, Zoned
High School District299
Insurance Expense2000
MLS AreaCHI - Chatham
Middle/Junior School District299
Net Operating Income29532
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusPending
StatusPending
Tax Annual Amount3290.69
Tax Year2022
Total Rooms16
TownshipHyde Park
Trash Expense100
Water Sewer Expense500
Waterfront Y/NNo
Year Built1966
ZoningMULTI

Exterior for 1061 E 80TH Street

ExteriorBrick
Foundation DetailsBlock, Concrete Perimeter
Lot Dimensions45X130
Parking FeaturesOff Street
Total Parking4
Water SourceLake Michigan, Public

Additional Details

Price History

Worth Clark

Price $298,000
MLS#12069258
List Date 05/28/2024
Property Type Pending
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