Chicago, IL 60617 8205 S Houston Avenue
$327,500



1 more


Presented By: Baird & Warner
Home Details
Attention First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that practically pays for itself! Imagine living in your newly rehabbed 2-bedroom unit while collecting rental income from the other three fully-occupied units, currently generating $3,400 per month. Your mortgage could be covered from day one, allowing you to enjoy the benefits of homeownership AND investment simultaneously! Located in a rapidly growing area, this property is just minutes from the beach, the prestigious Tiger Woods Golf Course, and the highly anticipated Obama Presidential Center, making it a prime location for long-term value appreciation. Whether you're looking to live in one unit and earn rental income, or take your first step into real estate investing, this property offers endless possibilities. The first-floor unit has just been updated and is ready for its new owner. With the remaining units fully rented and providing steady cash flow, this is the perfect opportunity to start building wealth in a high-demand neighborhood. Don't wait - this opportunity won't last long! Schedule your viewing today and take the first step toward securing your future with this cash-flowing investment!
Presented By: Baird & Warner
Interior Features for 8205 S Houston Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementUnfinished, Exterior Entry, Partial
Total Number of Units4
General for 8205 S Houston Avenue
Additional Parcels Y/NNo
CityChicago
Community FeaturesCurbs, Gated, Sidewalks, Street Lights, Street Paved
Construction MaterialsFrame
ContingencyAttorney/Inspection
CountyCook
DirectionsFROM DAN RYAN XWAY TO 83RD EAST TO PROPERTY
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - South Chicago
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount1051
Tax Year2022
Total Rooms20
TownshipSouth Chicago
Trash Expense0
Waterfront Y/NNo
Year Built1895
ZoningMULTI
Exterior for 8205 S Houston Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions25X125
Total Parking0
Water SourceLake Michigan
Additional Details
Price History
