Welcome to your next investment opportunity -- fix-and-flip or rehab-and-hold. You'll do well either way with this brick two-flat in the up-and-coming Gage Park area conveniently located between two Orange Line stops (Western and Kedzie), schools (CPS, Rufino Tamayo charter elementary and Mansueto charter High School) and shopping. Building is habitable but needs rehab. Longtime owner has taken building's condition into account and has priced it to sell -- AS-IS. Owner will not make repairs. After-repaired-value should be $375,000+. Suitable for 203k or conventional rehab loans. Will not pass FHA. Taxes don't reflect exemptions but homeowner's and senior exemptions have been applied for, as well as certificate of error. Units have some vintage touches such as built-in china cabinet in second-floor kitchen, as well as walk-in closet in each unit. Basement offers plenty of storage space in addition to laundry room but ceiling height is less than 7.5 feet. RS-3 zoning.
Property Map
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Property Details
Utilities
Heating Natural Gas, Baseboard
Cooling
Water Lake Michigan, Public
Sewer Public Sewer, Sewer-Storm
Additional Information
Exterior Features
Cable Access
Sub/Complex
West Eldson
Parking
3 Parking Spaces, Off Alley, Owned, Parking included in price
Schools
Gage Park High School (299), Nightingale Elementary School (299)
Payment Calculator
Listing History
09-21-2022
Listed at $197,500
09-27-2022
Status changed to Under Contract
09-28-2022
Status changed to Active
10-03-2022
Status changed to Under Contract
11-23-2022
Status changed to Closed
11-23-2022
Sold at $165,000
Last Modified 11/23/22 10:16 AM
Nearby Transportation
Bus 51
0.1 mi
Bus 94
0.1 mi
Bus 47
0.4 mi
Bus X49
0.5 mi
Bus 49
0.5 mi
Bus 48
0.5 mi
Bus 52A
0.5 mi
Bus 52
0.5 mi
Bus 55
0.6 mi
Bus 62
1.0 mi
Bus 59
1.1 mi
Orange Line
0.5 mi
I 55 North
1.9 mi
I 55 South
2.0 mi
I 90 East
3.1 mi
I 94 East
3.1 mi
I 90 West
3.3 mi
I 94 West
3.3 mi
For More Information
(312) 528-9200
For more information about 5014 S Fairfield, Chicago, IL 60632 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Coldwell Banker Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
