Motivated Seller! This over-sized brick 2 unit in Auburn Gresham is one of the largest 2-flats in the entire neighborhood from a square footage perspective! This jumbo 2-flat is 3,272 square feet and includes a sizable unfinished basement! Each unit features 3 bedrooms,1 bathroom, living room and dining room! Auburn Gresham is a rapidly appreciating Chicago-land neighborhood with tons of investment activity! Huge equity upside here! Rehabbed sold comparable brick 2-unit properties within a square mile sold for an average of $322,000 within the past 6 months! This building provides so many options for a new buyer - fix and rent or renovate and flip! After renovated each 3-bedroom unit can rent for up to $1,400 per month! Looking for more cash flow!? - add an additional bedroom to each unit and duplex the first-floor unit with the basement! 1 car brick garage! Located on a great block! Great for a 203k buyer! Live in one unit and let your tenant pay most of your mortgage payment! Bring your renovation ideas! Take a tour! Make an offer! Won't last long!
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Property Details
Utilities
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Water Lake Michigan
Sewer Sewer-Storm
Additional Information
Parking
Garage On Site, Owned
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Listing History
05-26-2020
Listed at $239,000
06-14-2020
Status changed to Under Contract
08-01-2020
Status changed to Active
08-10-2020
Price decreased by $24,000 to $215,000
08-14-2020
Status changed to Under Contract
08-19-2020
Status changed to Active
08-20-2020
Status changed to Under Contract
10-21-2020
Status changed to Closed
10-21-2020
Sold at $200,000
Last Modified 10/21/20 7:33 PM
Nearby Transportation
Bus 79
< 0.1 mi
Bus 169
0.2 mi
Bus 8
0.2 mi
Bus 8A
0.3 mi
Bus 44
0.3 mi
Bus 75
0.4 mi
Bus 24
0.7 mi
Bus 9
0.8 mi
Bus X9
0.8 mi
Bus 87
1.1 mi
Bus 29
1.2 mi
Bus 67
1.2 mi
Rock Island
1.0 mi
Red Line
1.2 mi
I 94 East
1.2 mi
I 94 West
1.2 mi
I 90 East
2.0 mi
I 90 West
2.2 mi
Hwy 57
2.5 mi
Hwy 57
2.6 mi
For More Information
(312) 528-9200
For more information about 7835 S Morgan, Chicago, IL 60620 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Straight-A Realty, LLC
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.
