8724 S Muskegon Ave

Chicago IL 60617

0.11 ac.

Multi-Family

Last sold for $297,000

Marco Cesario, last sold this property on 30 April 2018 after 100 days on market.

Overview

Pleased to present 8724 S. Muskegon, a 4-unit Multifamily all brick building consisting (2) 2Bd 1Ba & (2) 3Bd 1Ba units. There is a bonus unit consisting 2Bd & 1ba. The asset presents an opportunity for a qualified investor who is starting out or wants to add to their portfolio with a well located, well maintain and professional managed property. It also gives the opportunity for owner-occupied investment with it's large units to live comfortably and let the rental income pay your mortgage. The building has individual furnaces which gives the next owner the opportunity to add central air condition. Tenants pay their own electric, cooking gas and heat. Electric has all been updated with new breakers, panels, wiring, and service - there is 100 Amps servicing each unit. Hot water tank is 75 gal (2015). Roof is pitched, shingles and in good shape. The washer and dryer are owned; coined operated for additional income. Offering Memorandum is available upon request.

Features

12 bedrooms

0.11 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 12 bedroom multi families sold in Chicago over the last 12 months.

Property history for 8724 S Muskegon Ave

2018

Sold

$297,000

30 Apr 2018 by Marco Cesario, of Sperry Van Ness

2014

Sold

$220,000

30 May 2014 by Eric Fullilove, of KCI Realty & Consulting LLC

2008

Sold

$215,000

29 Jul 2008 by JORGE MARISCAL, of PAV REALTORS

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