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    4117 W Cullerton Street

    Chicago, IL 60623
    • $160,000
    • STATUS: Active Under Contract
    • ON SITE: 34 days
    • MLS #: 10883488
    Under Contract
    $160,000
    • 5
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    INVESTOR SPECIAL!!! ***EQUITY BUILT INTO THE LIST PRICE*** Don't miss out on this Incredible opportunity to own this Historic 2 flat Grey Stone with a bonus garden unit; perfect for potential additional INCOME opportunities. This historic and popular style grey stone is available for an absolute steal! This 2 unit is located in the North Lawndale community which is one of Chicago's most architecturally eccentric and socially complex neighborhoods! Property is in excellent shape as the owner takes much pride in making sure the building is kept in great condition. This property includes one 3 bedroom , 1 bath unit (owner previously knocked down wall of 3rd bedroom that can easily be reinstalled) and one 2 bed, 1 (recently updated bathroom) unit! Other initiates include: Enclosed back porch, functioning garage, close to shopping and CTA near by-Pulaski-Pink line. Main level is currently vacant and top level unit is currently occupied with month/month tenants. A Potential of $2,600 in estimated gross rental revenue per month when fully rehabbed and occupied PLUS potential income with garden unit once finished(already existing full bathroom)! $31,200 in estimated gross rental revenue per year! This deep discounted purchase is a no-brainer!!! Did i mention, EQUITY IS BUILD INTO THE LIST PRICE! Solid grey stone comp recently sold for **$232,900!!** within a 1.5 mile radius (1912 S Christiana Ave). This beautiful multi family just needs the right touch of TLC, **perfect for a FHA 203K buyer** who's tired of the traditional "cookie cutter" finishes. Schedule a showing today as this one won't last long! SOLD AS-IS! Buyer will purchase with tenants in place. *** FINAL SHOWING WILL BE HELD WEDNESDAY 10/7/2020 FROM 4:30PM-6:30PM, PLEASE SUBMIT HIGHEST AND BEST OFFER BY FRIDAY 10/9/2020 AT 5PM***

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    © 2020 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-30T23:51:00.3 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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    4117 W Cullerton Street Chicago, IL 60623

    • Price: $160,000
    • Status: Active Under Contract
    • MLS #: 10883488
    5
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1905
    Built
    Neighborhood:
    Chi - North Lawndale
    County:
    Cook
    Area:
    Chi - North Lawndale
    Property Description
    INVESTOR SPECIAL!!! ***EQUITY BUILT INTO THE LIST PRICE*** Don't miss out on this Incredible opportunity to own this Historic 2 flat Grey Stone with a bonus garden unit; perfect for potential additional INCOME opportunities. This historic and popular style grey stone is available for an absolute steal! This 2 unit is located in the North Lawndale community which is one of Chicago's most architecturally eccentric and socially complex neighborhoods! Property is in excellent shape as the owner takes much pride in making sure the building is kept in great condition. This property includes one 3 bedroom , 1 bath unit (owner previously knocked down wall of 3rd bedroom that can easily be reinstalled) and one 2 bed, 1 (recently updated bathroom) unit! Other initiates include: Enclosed back porch, functioning garage, close to shopping and CTA near by-Pulaski-Pink line. Main level is currently vacant and top level unit is currently occupied with month/month tenants. A Potential of $2,600 in estimated gross rental revenue per month when fully rehabbed and occupied PLUS potential income with garden unit once finished(already existing full bathroom)! $31,200 in estimated gross rental revenue per year! This deep discounted purchase is a no-brainer!!! Did i mention, EQUITY IS BUILD INTO THE LIST PRICE! Solid grey stone comp recently sold for **$232,900!!** within a 1.5 mile radius (1912 S Christiana Ave). This beautiful multi family just needs the right touch of TLC, **perfect for a FHA 203K buyer** who's tired of the traditional "cookie cutter" finishes. Schedule a showing today as this one won't last long! SOLD AS-IS! Buyer will purchase with tenants in place. *** FINAL SHOWING WILL BE HELD WEDNESDAY 10/7/2020 FROM 4:30PM-6:30PM, PLEASE SUBMIT HIGHEST AND BEST OFFER BY FRIDAY 10/9/2020 AT 5PM***
    Exterior Features

    Cars 3 Exterior Building Type Stone Exterior Property Features Porch Floor Unit1 1 Floor Unit2 2 Foundation Concrete Garage Details Garage Door Opener(S) Garage On Site Yes Garage Ownership Owned Garage Spaces 1 Garage Type Detached Lot Dimensions 30:125 Lot Size Less Than .25 Acre Parking GarageSpace/S Parking Details Off Street Parking Included In Price Yes Parking On Site Yes Parking Ownership N/A Parking Spaces 2 Roof Type Tar And GravelFlat Roof Style Of House Greystone Type Multi 2 Flat Waterfront YN No

    Interior Features

    Additional Rooms Enclosed BalconyEnclosed PorchUtility Room-Lower Level Appliances Features Unit1 StoveRefrigeratorMicrowave Appliances Features Unit2 StoveRefrigeratorMicrowave Basement Full Basement Description Partially Finished Bedrooms Above Grade 5 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 3 Equipment Multiple Water Heaters Full Baths In Building 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths In Building 1 Half Baths Unit1 0 Half Baths Unit2 0 Heat Fuel GasRadiators Rooms 12 Rooms Unit1 5 Rooms Unit2 6

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information None Age 100+ Years Agent Owned Interest YN No Area Amenities Sidewalks Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Chicago Elementary Sch Dist 299 General Information None High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 0 Lease Exp Date Mo Yr Unit2 0 New Construction No Ownership Fee Simple Possession Closing Recent Rehab YN Yes Rent Unit1 800 Rent Unit2 750 Sale Terms ConventionalFhaVaCash OnlyOther Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sewer Sewer-Public Special Assessments Unknown Special Service Area N Tax Exemptions Senior Tax Year 2019 Taxes 2643.19 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Total Rental Income 1550 Total Units In Building 2 Township West Chicago Water Lake Michigan Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Realty Ptnr,Ll.


    © 2020 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 BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-30T23:51:00.3 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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