Chicago, IL 60617,8157 S Chappel Avenue
Chicago, IL 60617,8157 S Chappel Avenue
Chicago, IL 60617,8157 S Chappel Avenue
Chicago, IL 60617,8157 S Chappel Avenue
Chicago, IL 60617,8157 S Chappel Avenue
Chicago, IL 60617,8157 S Chappel Avenue
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$250,000

$300,000

16.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/31/2025

Key Details

Sold Price $250,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12304313

Sold Date 03/31/25

Year Built 1928

Annual Tax Amount $7,971

Tax Year 2023

Lot Dimensions 50X123

Property Sub-Type Multi Family 5+

Property Description

EXCELLENT INVESTMENT OPPORTUNITY TO PURCHASE CORNER LOT YELLOW BRICK 8 UNIT APARTMENT BUILDING IN SOUGHT AFTER SOUTH SHORE AREA. THERE ARE 8 LARGE ONE BEDROOM UNITS, TWO UNITS IN THE PROPERTY WAS TOTALLY GUTTED AND CLEANOUT DUE TO FIRE DAMAGE, TWO UNITS HAVE SMOKE DAMAGE, BUT REMAINING FOUR UNITS ARE IN GOOD CONDITION, BRAND NEW REAR PORCH, NEWER WINDOWS, PROPERTY BEING SOLD AS-IS, SELLER WILL NOT DO ANY ADDITIONAL CLEANOUT OF UNITS, BUYERS AND AGENTS MUST SIGN HOLD HARMLESS WAIVER BEFORE ENTERING PROPERTY DUE TO FIRE DAMAGE. HIGHLY MOTIVATED SELLER, INVESTORS THIS WILL NOT LAST, UNITS WERE RENTED BELOW RENTAL RATE IN THE MARKET AREA.

Location

State IL

County Cook

Zoning MULTI

Interior

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

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Listed by Jimmy Dover • New Harvest Investments, LLC
Bought with Kevin Glover • HomeSmart Realty Group
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