10523 South Sawyer AvenueChicago, IL 60655Price: $549,900

  • Price: $549,900
  • Est. Mortgage of $/month
  • 106 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
* 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.
  • 0.16Acreage
  • 3Bathrooms
  • 4Bedrooms
  • 3,733Square Feet

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EXCLUSIVE OPPORTUNITY TO PONDER THE BROTHERHOOD OF MOUNT GREENWOOD... Multi-Generational Living | Investment Generation with 2 HOMES on 1 PARCEL. Welcome to an exceptional real estate opportunity in the coveted precinct of Mount Greenwood. This property offers not just one, but two homes on the same lot, presenting a remarkable multi-use potential. FRONT HOME: The 2,580 square-foot 4 bed 2.5 bath front home underwent a comprehensive gut renovation in 2006, transforming it into a modern living space with updated features throughout. From the roof to the interior, everything has been meticulously maintained, ensuring both durability and contemporary appeal. BACK HOME: The 1,153 square-foot 3 bed 2 bath back home has also received significant upgrades, including an updated kitchen, bathrooms, roof, furnace, new carpet, and professional painting. Both homes are equipped with separate utility meters for electric, gas, and water, providing individualized comfort and ease of use. INVESTMENT POTENTIAL: This property offers a plethora of possibilities for savvy buyers. Live in one home and rent out the other, or rent both homes to capitalize on the high rental demand in the area. The potential rental income is impressive, reaching up to $2,850 per month for the front residence and $2,150 for the back residence. NEIGHBORHOOD HIGHLIGHTS: Mount Greenwood is known for its strong community ties and its proud association with Chicago firefighters, police officers, and union workers. The neighborhood offers a unique blend of city and suburban living, with architecture and culinary scenes reflecting the diversity and vibrancy of Chicago. Residents can enjoy a variety of dining options, from Mexican to Italian to classic American comfort food, all within easy reach. The neighborhood's sports bars and Irish pubs provide perfect venues for socializing and unwinding. For outdoor enthusiasts, Mount Greenwood Park offers ample recreational opportunities, including an outdoor pool, tennis courts, baseball diamonds, and a playground with a splash pad. During the winter months, the park's outdoor ice rink provides seasonal enjoyment for all ages. Nearby strip malls offer shopping and entertainment, making Mount Greenwood a perfect blend of urban convenience and suburban tranquility. RECENT RENOVATIONS: 2023: 1st Floor, 2nd Floor, and Roof; 2019: Furnace, Air Conditioner, and Water Heater. BOTH HOMES REST ON THE SAME PARCEL, POSSESS THE SAME PROPERTY IDENTIFICATION NUMBER (PIN), AND CANNOT BE SOLD SEPARATELY. Don't miss out on this rare chance to own two homes in one fantastic location!

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Listed by Chris Vernald of Corcoran Urban Real Estate

Based on information submitted to MRED  as of July 24, 2024 . 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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