Heads up, investors! This property is a cash flow machine, giving you over 10% Cash on Cash Return. You get $2,600/month from CHA rent, and the tenant pays for all the utilities, even water. Your only costs? Taxes and Insurance. Renovated in 2023, it's got everything new: basement, bathroom, paint, appliances, AC, and washer and dryer. Hardwood floors all over, with the windows, roof, and tuck pointing in top shape. It's real passive income, no fluff.
Property Map
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Property Details
Rooms
Room
Level
Flooring
Size
Living Room
Main
Hardwood
16X13
Dining Room
Main
Hardwood
10X12
Kitchen
Main
Vinyl
11X10
Family Room
Lower
Vinyl
16X13
Laundry
Lower
Vinyl
4X6
Master Bedroom
Second
Hardwood
13X11
Bedroom 2
Second
Hardwood
10X11
Bedroom 3
Second
12X10
Bedroom 4
Basement
17X11
Utilities
Heating Natural Gas, Forced Air
Cooling Central Air
Water Lake Michigan, Public
Sewer Public Sewer
Additional Information
Interior Features
Hardwood Floors
Exterior Features
Porch, Storms/Screens
Schools
Morgan Park High School (299)
Payment Calculator
Listing History
03-15-2024
Listed at $245,500
03-19-2024
Price decreased by $5,500 to $240,000
04-16-2024
Status changed to Cancelled
Last Modified 4/16/24 11:51 AM
Nearby Transportation
Bus 112
0.3 mi
Bus 111
0.3 mi
Bus 9
0.6 mi
Bus 108
0.6 mi
Bus 8A
0.6 mi
Bus 103
0.7 mi
Bus 115
0.8 mi
Rock Island
0.6 mi
Hwy 57
0.4 mi
Hwy 57
0.5 mi
I 94 East
1.9 mi
I 94 West
2.1 mi
I 294 South
4.8 mi
I 294 North
4.9 mi
For More Information
(312) 528-9200
For more information about 1248 W 108th, Chicago, IL 60643 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Compass
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.