8611 S Yates Boulevard, Chicago, IL 60617 | MLS 10009400 | Listing Information | RLCR | Real Living Real Estate
Real Living City Residential
(773) 327-9300

8611 S Yates Boulevard,  Chicago IL, 60617

6beds
Status: Active
MLS#: 10009400
1of
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Real Living City Residential
(773) 327-9300

Listing Provided Courtesy Of: Dream Spots Leasing Inc
Last Updated: 7/21/2018 10:35 AM
Description for 8611 S Yates Boulevard Chicago, IL 60617
This gorgeous 3 unit on Yates Boulevard is a rare find. Each spacious unit features a living room, dining room, great kitchen space along with 2 generous bedrooms with plenty of closet space. With some minor updating, each unit can easily rent for $1,150/mo. Ask me how I know, because I just rented 7829 S. Chappel with an identical layout for $1150. After repair value of this beauty is $340K. Ask me how I know, because I just sold $7829 S. Chappel & it was an identical building exactly 1 mile away. That property was sold before it hit the market and had multiple back up offers on it. This is perfect for an investor who wants to buy, renovate and hold, or buy renovate and sell. The formula for either strategy works. New boiler was installed in 2017. Hardwood flooring throughout all 3 units. City of Chicago Violations can be cured very easily. Seller has a porch specialist who can remedy the porch violations with plans and permits. Owned by Licensed Real Estate Broker. (No Fha, No 203K)
Price
$175,000
Cook
6
10009400
Active
Description
This gorgeous 3 unit on Yates Boulevard is a rare find. Each spacious unit features a living room, dining room, great kitchen space along with 2 generous bedrooms with plenty of closet space. With some minor updating, each unit can easily rent for $1,150/mo. Ask me how I know, because I just rented 7829 S. Chappel with an identical layout for $1150. After repair value of this beauty is $340K. Ask me how I know, because I just sold $7829 S. Chappel & it was an identical building exactly 1 mile away. That property was sold before it hit the market and had multiple back up offers on it. This is perfect for an investor who wants to buy, renovate and hold, or buy renovate and sell. The formula for either strategy works. New boiler was installed in 2017. Hardwood flooring throughout all 3 units. City of Chicago Violations can be cured very easily. Seller has a porch specialist who can remedy the porch violations with plans and permits. Owned by Licensed Real Estate Broker. (No Fha, No 203K)
Listing Information
Property Type: Multi-Family, 3 Story
6 15 1921
Yes- 3 spaces 3 Brick
Lake Michigan
3 Total
Neighborhood
Room Information
Interior Features
Full, Unfinished Basement
3
Exterior / Lot Features
3 Garage Spaces, Garage
Brick
Flat
Other
5000
MULTI
Driving Directions
E/W ON 87TH STREET, NORTH TO PROPERTY
Financial Considerations
21313240040000
$4,114
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60617 has a population of 2,720,546.

The median household income in Chicago, Illinois 60617 is $47,831. The median household income for the surrounding county is $54,828 compared to the national median of $53,482. The median age of people living in Chicago 60617 is 33.4 years.

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Courtesy: Dream Spots Leasing Inc
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