742 E 88th Street Chicago, IL $ 125,000
742 E 88th Street
$ 125,000
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742 E 88th Street

Chicago, IL, 60619
$ 125,000
Bedrooms6 Baths3.0 Sq 2,400

Monthly Estimate*

$ 873

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Multi-Family Home for sale in Chicago, IL

for $125,000 with 6 bedrooms and 3 full baths. This 2,400 square foot home was built in 1895 on a lot size of 0.07.

Welcome to this incredible 2-flat property in the heart of Chatham, offering endless potential for a skilled contractor or handyman! The property has extensive termite damage: under the rear porch, in the support beams in the crawl space, and to the exterior sheathing on the south side of the house behind the kitchens. This property is located in the thriving 60619 zip code, which has seen a remarkable 12% increase in rent over the past year. If you're seeking a project that allows you to put your renovation skills to work, this is the perfect opportunity for you. This property presents an excellent investment prospect for those looking to capitalize on the rental market or individuals who want to live in one unit while renovating the other. Currently, both units are vacant, eagerly awaiting your vision. The first-floor unit showcases a spacious layout, featuring three bedrooms, two bathrooms, a generous living room, and a separate dining area. You'll find that both units have been primed for transformation with modern finishes and an abundance of natural light that permeates throughout. Situated on a generous lot, this property offers a sizable backyard and a two-car garage, providing convenient off-street parking for its future residents. Moreover, its location near public transportation, shopping centers, dining establishments, and entertainment options adds to the overall appeal. Additionally, families will appreciate the property's proximity to excellent schools, making it an ideal choice for those with children. This outstanding handyman special (termite damage in rear and under house) presents an exceptional investment opportunity that should not be overlooked. Don't hesitate to reach out to us today to schedule a showing and discover the untapped potential that awaits with this property.

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Multi-Family Contingent

Price

$ 125,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,809

Style

Lot Size

0.07

Year Built

1895

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11942718

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Garage Spaces 2
Year Built 1895
Township Hyde Park
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 13
Status Contingent
Directions KING DRIVE NORTH/SOUTH TO 88TH ST EAST TO PROPERTY ADDRESS.
City Chicago
High School District 299
MLS Area CHI - Chatham
Waterfront Y/N N
Street Name 88th
Tax Annual Amount 1809.8
Days on Market 66
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None None
Street Suffix Street
Total Bedrooms 6
Total Baths 3
Bedrooms Possible 6
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Lot Features Fenced Yard Sidewalks Streetlights
Water Source Public
Total Parking 2
Lot Dimensions 48X125
Lot Size Acres 0.07
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Aluminum Siding Vinyl Siding
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* Excluded Features
List By
Pearson Realty Group

Broker

Robert@pearsonrealtygroup.com

Email

Affordability Calculator

$1,024
Per Month
85%
15%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$151
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2023$125,000 Listed Price

Map


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742 E 88th Street, Chicago, IL, 60619 is a Multi-Family Home for sale at $125,000 with 2,400 sqft and a lot size of 0.07. 742 E 88th Street has 6 bedrooms, 3.0 baths, and was built in 1895. The property's zip code is 60619 which is in Chicago, IL