7805 S Loomis BLVD new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60620
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12264036
Bedrooms 5
Year Built 1912
Annual Tax Amount $2,241
Tax Year 2022
Lot Dimensions 25 FEET WIDE 125 FEET LONG
Property Description
Looking to own a charming 2-flat apartment building in the heart of Auburn Gresham? This solid structure offers incredible potential, whether you're planning to live in one unit or manage it as an income-generating property. * Unit 1: Currently occupied, generating rental income. * Unit 2: Move-in ready and vacant, awaiting your finishing touches. * Basement: Previously a separate unit and ready to be transformed into a third apartment with some finishing work, maximizing your investment potential. Both units are in solid condition, though some updates and repairs will unlock the property's full value. Perfect for conventional buyers, FHA 203K buyers, and investors eager to convert a 2-unit into a 3-unit property. The property is being sold "as-is" and priced accordingly. Don't miss this opportunity to secure a versatile investment in a vibrant neighborhood!
Location
State IL
County Cook
Area Chi - Auburn Gresham
Rooms
Basement Full
Interior
Heating Steam
Fireplace N
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 130 ,130, 299
Others
Ownership Fee Simple
Special Listing Condition None