7011 S Prairie Avenue
Chicago, IL 60637

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $379,900
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About this home

Don't miss this outstanding investment opportunity in the vibrant Greater Grand Crossing neighborhood! This charming 2-flat building boasts two spacious units. 1st floor unit features 2 bedrooms, 1 bathroom, a welcoming living room, kitchen, and a formal dining room. 2nd floor unit features 3 bedrooms, 1 bathroom, a welcoming living room, kitchen, and a formal dining room. Enjoy preparing meals in the well-appointed kitchens equipped with stainless steel appliances, including stove, refrigerator, and microwave in each one. Both units benefit from separate gas and electric meters, ensuring easy management of utilities. Additionally, a detached 2-car brick garage provides ample parking and storage solutions. Perfect for an investor seeking a property with excellent rental potential or a live-in owner. Act fast to capitalize on this fantastic real estate gem!***One of the LLC members is an Illinois licensed realtor (not related to listing brokers)***

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1908
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Greater Grand Crossing
Zoning Type MULTI
Corporate Limits Chicago
Directions 71st St to Prairie Ave, North on Prairie to 7011. Property will be on the right
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 13
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 6
Tenant Pays All, Electric, Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 7
Tenant Pays All, Electric, Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 3840
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing FHA
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20223240040000
Special Assessments N
Taxes $1,793
Tax Exemptions None
Tax Year 2023
$379,900 Listing Price:
MLS # 12118793
Investment Profile Residential Income
Listing Market Time 56 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 07/23/2024
Year Built 1908
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