Sold As is, where is...8230-32 S Ellis is a great opportunity for the savvy investor or contractor in this historic Chatham neighborhood on Chicago's Southside. 8230-32 S Ellis is located in a heavily residential area just blocks away from public transportation, various eateries, Avalon Park, and much more. This property features 6 units (Significantly below market rents), which are comprised of (2) 1Bd/1Ba w/ enclosed back porch, (2) 2 Bd/1Ba 1 w/ sunroom, 1 w/enclosed back porch and (2) 3bd/1Ba w/sunrooms. All units have spacious living rooms and decorative fireplaces, and 2 of the units also have spacious dining rooms. There are 3 units that are occupied, and 3 units that are currently vacant. Each unit also has individual furnaces, heat is the responsibility of the tenant. Passive income can be accomplished by adding coin-operated washers and dryers as well as approximately 3-4 (paid) rear parking spaces. Thinking of converting it so that it meets FHA Guidelines? Take 2 of the 6 and duplex them down (seek your lender's assistance for more info.) Thank you for touring! Estimated rents are between $875 and $1295

Based on information submitted to MRED as of May 31, 2023 . 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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Your Questions & Comments I found a listing on "The Jelinek Group" which you may be interested in:

8230 South Ellis AvenueChicago, IL 60619Price: $315,000

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The Jelinek Group