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    1431 W 108TH Street , H

    Chicago, IL 60643
    • $124,900
    • STATUS: Active
    • ON SITE: 44 days
    • MLS #: 11010940
    UPDATED: 52 min ago
    $124,900
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,300
      SQFT
    • $96
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2006
    County:

    School Ratings & Info

    School District:
    299

    Description

    This is the opportunity of a lifetime, newer 8 unit building in which there is potential to acquire 7 of the 8 units! This unit along with Unit G And unit H are already rented and tenants want to remain. The interior of this unit is a very unique duplex up with two separate floors of living which creates more of a townhome feel vs a condo feel! The unit is an identical layout to the vacant unit E and is in very similar condition with similar finishes. The main level of the unit provides a very open layout with living room dining room combo which overlooks the gourmet kitchen! There is a bathroom on the main level with three bedrooms on the second level of the home along with a master bathroom. This unit has an active CHA tenant, rent is being collected, this is a 9/10 cap return, the unit is located in a CHA Flex Zone which allows 1 1/2 times typical CHA rent. Take down all units, establish and HOA, convert the condos back to apartment building, the potential here is endless but there is constant cash flow coming in on majority of the units! Think of this as a long term play! You will not lose out on this any way you splice it up!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2021-04-18T06:56:39.867 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1431 W 108TH Street , H Chicago, IL 60643

    • Price: $124,900
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 11010940
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,300
    SQFT
    $96
    $/SQFT
    2006
    Built
    Neighborhood:
    Chi - Morgan Park
    County:
    Cook
    Area:
    Chi - Morgan Park
    School District:
    299
    Property Description
    This is the opportunity of a lifetime, newer 8 unit building in which there is potential to acquire 7 of the 8 units! This unit along with Unit G And unit H are already rented and tenants want to remain. The interior of this unit is a very unique duplex up with two separate floors of living which creates more of a townhome feel vs a condo feel! The unit is an identical layout to the vacant unit E and is in very similar condition with similar finishes. The main level of the unit provides a very open layout with living room dining room combo which overlooks the gourmet kitchen! There is a bathroom on the main level with three bedrooms on the second level of the home along with a master bathroom. This unit has an active CHA tenant, rent is being collected, this is a 9/10 cap return, the unit is located in a CHA Flex Zone which allows 1 1/2 times typical CHA rent. Take down all units, establish and HOA, convert the condos back to apartment building, the potential here is endless but there is constant cash flow coming in on majority of the units! Think of this as a long term play! You will not lose out on this any way you splice it up!
    Exterior Features

    Exterior Building Type Brick Exterior Features Storms/Screens Garage On Site Yes Garage Ownership Owned Garage Type Attached Is Parking Includedin Price Yes Number Of Cars 1 Parking Garage Roof Rubber Type Attached CondoCondo-Duplex Unit Floor Level 2 Waterfront YN No

    Interior Features

    2nd Bedroom Flooring Carpet 2nd Bedroom Level 2nd Level 2nd Bedroom Window Treatments None 3rd Bedroom Flooring Carpet 3rd Bedroom Level 2nd Level 3rd Bedroom Window Treatments None 4th Bedroom Level Not Applicable Addtl Room1 Level Not Applicable Addtl Room2 Level Not Applicable Appliances RangeMicrowaveDishwasherRefrigeratorWasherDryer Basement None Basement Description None Bedrooms Below Grade 0 Built Before1978 YN No Cooling Central Air Dining Room Combined W/ Livrm Dining Room Level Main Level Family Room Level Not Applicable Heating Natural GasForced Air Interior Features Laundry Hook-Up in Unit Kitchen Level Main Level Laundry Level Main Level Living Room Flooring Wood Laminate Living Room Level Main Level Master Bedroom Bath Full Master Bedroom Flooring Carpet Master Bedroom Level 2nd Level Other Equipment Intercom Room Type No Additional Rooms Rooms Total 6 Total Sq Ft 0

    Property Features

    Additional Parcels YN No Age 11-15 Years Association Fee 0 Association Fee Frequency Monthly Association Fee Includes None Corporate Limits Chicago Disability Access And Or Equipped No Electric 100 Amp Service Holds Earnest Money Yes Master Association Fee No Max Pet Weight 0 New Construction YN No Offeredfor Saleor Rent No Ownership Type Fee Simple Pets Allowed Cats OkDogs Ok Property Type Attached Single Rebuilt YN No Recent Rehab YN No Sewer Public Sewer Special Assessments No Special Listing Conditions None Special Service Area N Tax Annual Amount 1608.67 Tax Exemptions None Tax Year 2019 Total Numberof Unitsin Building 8 Township Lake Water Source Public

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Properties.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2021-04-18T06:56:39.867 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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