9547 South Avenue M

Chicago IL 60617

0.07 ac.

Multi-Family

Last sold for $271,000

Miodrag Milic, last sold this property on 14 June 2022 after 69 days on market.

Overview

All units rented out for a total of $3500/month. Annual rent income is $42,000 *** Renovated turn key investment opportunity for those looking for a great rental income and cash flow. All units are fully renovated offering large living room, 3 bedrooms, large soft close cabinet kitchen with all new stainless-steel appliances and beautifully renovated full bath. Unit 1 has an extra bedroom which can be used as a storage space, office or a small bedroom. Brick 2 car garage can be rented for additional income. Low taxes. Don't miss the opportunity to own this income-producing building. New plumbing (2019), electrical (2020), water heaters (2019, 2020), stainless-steel appliances (2020), garage door (2020). Tenants pay electric, gas and heat. Unit 2 rent is below market value due to long term tenants.

Features

9 bedrooms

2 carspaces

2 garage spaces

0.07 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 9 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 9547 South Avenue M is $390k.

Median value

$390k

Estimated value range

$255k - $520k

Median days on market

Estimated value trend

39%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 9547 South Avenue M

2022

Sold

$271,000

14 Jun 2022 by Miodrag Milic, of Baird & Warner

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.