1741-43 East 71ST StreetChicago, IL 60649Price: $700,000

  • Price: $700,000
  • 19 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* 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.
  • 3,300Square Feet
  • 1952Year Built

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DO NOT MISS THIS SOUTH SHORE GEM. EIGHT ONE-BEDROOM UNITS AND 3 COMMERICAL SPACES. ONE MILE FROM THE OBAMA PRESIDENTAL CENTER. 71ST STREET WILL BE THE NEXT HOT AREA FOR SHOPPING AND RESTAURANTS AND RENTAL UNITS ACCORDING TO THE OBAMA PLANNING COMMITTEE. LAST 7 YEARS OF IMPROVEMENTS INCLUDES. ROOF(2015) PORCH (2015) TUCKPOINTING (2015) AND A FEW OF THE UNITS HAVE BEEN REMODELED. TWO OF THE COMMERICAL SPACES ARE SOLID TENANTS. CLOSE TO SHOPPING AND TRANSPORTION: METRA STATION(2BLOCKS) DUSABLE LAKE SHORE DR AND CHICAGO TRANSIT SYSTEM. YOU CAN GET MARKET RENT AS HIGH AS $900 PER MONTH WHICH WILL INCREASE THE CAP RATE.

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Listed by Clarence Thompson of Baird & Warner

Based on information submitted to MRED  as of September 26, 2022 . 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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