8241 S Saginaw AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60617
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12349331
Bedrooms 4
Year Built 1919
Annual Tax Amount $1,793
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Located in the sought-after South Shore, this solid, all brick two unit is an investors dream and at this value will not last long! This building has undergone a severe fire to the second floor unit, the first floor unit also has fire damage, this is a project for a seasoned investor but high risk = high reward! With back end values in the low $400K range this building is a great value add potential! Each unit offers two bedrooms per unit, with the roof missing the second floor unit can be duplexed up to add more space, duplex the first floor into the basement and BOOM there are two HUGE units! Located centrally between the Skyway and Lake Shore drive, this location is ideal. Tons of upside here, do not overlook this project and get inside today
Location
State IL
County Cook
Area Chi - South Chicago
Interior
Heating Natural Gas
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Special Listing Condition REO/Lender Owned