BOOMING AREA!! Rarely available LEGAL 3 flat (per zoning certificate) that will need EXTENSIVE renovations on top floors. Potential usage for a 4th income producing ADU in the future when/if it expands into more areas - Includes - 2 BR 1 bath simplex on first floor with radiant in floor heating in the main room is updated. second floor: "duplex-up" or could be a totally separate unit, with total 4 BR and 2 bath total, 2 bed lower and 2 bed upper, also has a kitchenette area acting as an "In Law" suite, 3rd unit is in the rear of the building, 1 bed 1 bath with new roof on rear building but will need new roof on main building and the boilers for the building will also need to be replaced as their end of life. Current tenants paying WAY below market rents and both month to month - Neighboring Pilsen and Bridgeport, hot rentals, great investment in a building with a ton of character and new facade in 2009 - updates to two of the units and those two are rent ready. Updated concrete work. Not far off 55, plenty of privacy on this street. Building needs TLC!! 203K would work great as BLDG will likely not pass FHA without needing repairs
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Property Details
Utilities
Heating Radiator(s)
Cooling
Water Public
Sewer Public Sewer
Additional Information
Exterior Features
Patio, Breezeway
Schools
Kelly High School (299), Evergreen Academy Elementary Sch (299), Everett Elementary School (299)
Payment Calculator
Listing History
07-07-2021
Listed at $345,000
07-13-2021
Status changed to Under Contract
07-17-2021
Status changed to Active
09-05-2021
Status changed to Expired
Last Modified 9/5/21 12:05 AM
Nearby Transportation
Bus 50
0.1 mi
Bus 62
0.2 mi
Bus 35
0.3 mi
Bus 49
0.3 mi
Bus 39
0.4 mi
Bus X49
0.5 mi
Bus 9
0.6 mi
Bus 31
0.7 mi
Bus X9
0.7 mi
Bus 60
0.8 mi
Bus 94
0.9 mi
Bus 21
1.2 mi
Orange Line
0.4 mi
I 55 South
0.2 mi
I 55 North
0.2 mi
I 90 East
2.2 mi
I 94 East
2.2 mi
I 90 West
2.3 mi
I 94 West
2.3 mi
I 290 East
2.8 mi
I 290 West
2.9 mi
For More Information
(312) 528-9200
For more information about 3240 S Hoyne, Chicago, IL 60608 contact Corcoran Urban Real Estate.
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Listing provided by Coldwell Banker Realty
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