8701 South Houston AvenueChicago, IL 60617Price: $230,000

  • Price: $230,000
  • 80 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* 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.
  • 4,500Square Feet
  • 1913Year Built

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CALLING ALL INVESTORS! You don't want to miss out on this amazing investment opportunity! This mixed use property features a bar space that can be used as a restaurant, laundromat, bar, night club, and so much more with renovation! It also features 5 units, 3 which are move in ready and habitable, and 2 that have been gutted already and ready for your finishing touches! This property has the income potential OF A LIFETIME. With some renovations and TLC, this can be worth at least triple the listed value! Whats better than purchasing a building with plenty of equity before even starting renovations?! Did I mention? This property is in such a convenient location! Want to rent out the units AND the commercial space? You can do JUST THAT! Don't miss out on this amazing opportunity, schedule your tour T O D A Y! This building is being sold as is.

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Listed by Paris Pinkney and Daphne Pinkney of eXp Realty,LLC

Based on information submitted to MRED  as of June 8, 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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