Phenomenal 6-unit all brick Multi Family in East Chatham is looking for a savvy investor. This property is an Investors Dream that has been gutted to the studs and is in need of creative ideas to transform this shell into a cashflow generating investment. All Buyers who are interested purchasing this building must abide by a regulatory agreement that will require that 51% of the units be kept at 80% AMI rents and income for a period of 10 years. In addition, this property is corporate owned and is being sold "As-Is", tax proration will be at 100%, no survey or disclosures will be provided to the buyer. All city violations (if any) will be the responsibility of the new owner. To submit your offer, please have your agent download the Bidders package found in the Additional Information tab on the MLS. All Buyers MUST show proof of funds to purchase as well as to Rehab! Don't miss out on this great opportunity. Call your broker and schedule a showing today! Let's GO!
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Property Details
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Listing History
11-18-2020
Listed at $90,000
01-21-2021
Status changed to Under Contract
03-19-2021
Status changed to Closed
03-17-2021
Sold at $75,000
Last Modified 3/19/21 9:57 AM
Nearby Transportation
Bus 4
0.1 mi
Bus 79
0.2 mi
Bus 3
0.6 mi
Bus 75
0.7 mi
Bus 30
0.8 mi
Bus 87
0.8 mi
Bus 28
0.9 mi
Bus 29
1.1 mi
Bus 71
1.2 mi
Bus 24
1.2 mi
Metra Electric
0.3 mi
Red Line
1.1 mi
I 90 East
0.9 mi
I 94 West
1.1 mi
I 94 East
1.2 mi
Hwy 57
2.6 mi
I 90 West
2.6 mi
Hwy 57
3.1 mi
For More Information
(312) 528-9200
For more information about 8026 S Drexel, Chicago, IL 60619 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by eXp 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.
