Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Fully Rented Income-producing all-brick two-flat in Chicago's Chatham area! Both units are currently occupied and generating a combined $2,400 per month in rental income. The first-floor unit offers 2 bedrooms, 1 bath, a separate living room and kitchen, plus pantry space. The second-floor unit features 4 bedrooms, 1 bath, separate living room and kitchen, and an enclosed rear porch. Each unit has its own furnace and hot water tank, with residents responsible for their individual utilities. The property also features wrought-iron fencing, a parking apron for convenient off-street parking, and a spacious backyard offering additional outdoor space for residents to enjoy. Both units are currently occupied by CHA-assisted residents on month-to-month tenancies. Property is being sold AS-IS with no representations or warranties by Seller. Please do not disturb residents. Showings by confirmed appointment only. A solid opportunity for an investor seeking an occupied multifamily property with income already in place.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 2
County: Cook
Listed By:
Full Circle Realty & Property Management LLC
773-602-1115
MRED MLS
MLS ID: 12772219
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705 E 93rd Street, Chicago, IL 60619.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $145,000 | $145,000 | $145,000 |
| Down Payment | $29,000 | $5,075 | $36,250 |
| Monthly Mortgage Amount | $762 | $923 | $932 |
| Taxes | $202 | $202 | $202 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $64 | $0 |
| Monthly Estimated Total | $1,064 | $1,289 | $1,234 |
Ray McDevitt
REALTOR®
Office: (563) 441-5228
Cell: (563) 940-0754
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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