8047 S Saginaw Avenue
Chicago, IL 60617

Status: Active
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $309,900
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About this home

Cash flowing, remodeled SFR and rehabbed 2-unit coach house is available. The owner is an "all-electric" person so the coach house was gutted absolutely, and fully renovated with only electrical in 2023 prior to leasing the units with CHA and other entities. Both buildings offers: new plumbing, new electrical, new HVAC, new doors, new windows, and all new fixtures. The pictures are of the units prior to occupancy in mid-late 2023. Tenants of the coach house only pay electrical, no gas in the building, and owner pays typical Chicago utility (water/sewer/garbage) bill and electrical for common areas. Tenant of the SFR pays gas and electric. This is a legal 3-unit property.

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 3125
Lot Description Fenced Yard
Lot Size Source County Records
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1898
Exterior Building Type Vinyl Siding
Foundation Concrete Perimeter
Parking None
Rehab Year 2023
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Sidewalks, Street Lights
Area Major CHI - South Chicago
Zoning Type MULTI
Corporate Limits Chicago
Directions E/W on 79th St to Saginaw, south on Saginaw to address
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 13
Units
unit 1
Beds Total 4
Baths Total 2
Actual Rent 1950
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 2
Lease Expiration Date MTM
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number F
unit 2
Beds Total 1
Baths Total 1
Actual Rent 946
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 3
Security Deposit 1000
Tenant Pays Electric
Floor Number 1
unit 3
Beds Total 1
Baths Total 1
Actual Rent 948
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 3
Tenant Pays Electric
Floor Number 2

Financials

Gross Rental Income $46,128
Rental Income 3844
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 21311130200000
Special Assessments N
Taxes $2,365
Tax Exemptions None
Tax Year 2022
$309,900 Listing Price:
MLS # 12081395
Investment Profile Residential Income
Listing Market Time 8 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking None
List Date 06/11/2024
Year Built 1898
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