1431 West 108th Street, Unit FChicago, IL 60643Price: $124,900

  • Price: $124,900
  • Est. Mortgage of $/month
  • 40 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 2Bathrooms
  • 3Bedrooms
  • 1,300Square Feet
  • 2006Year Built

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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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Listed by Ryan Smith of Re/Max Properties

Based on information submitted to MRED  as of April 12, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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