8435 S COLFAX Avenue
CHICAGO, IL 60617

Status: Sold
Multi Family
7 beds
3 baths
0 sq.ft
Listing Price: $215,000

About this home

CASH POSITIVE 2-Flat in South Chicago. Fully Rehabbed w/ permits for all new bathrooms, windows and kitchens. New duplex unit on 2nd+3rd flrs has 4 BR, 2 BA, vintage oak trim+floors, W/D and tons of closet space. Ground floor unit has 3 BR, 1 BA with new laminate flooring and tons of light. Leased w/deposits until 6/09. Generates $2000/mo in rent

Property details

Property / Lot Details
Acreage 0
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
NewConstructionYN 0
Ownership Fee Simple
Property Type Two to Four Units
Style of House Traditional
Type Unit 2 Flat
Number Of Units in Building 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1908
Parking and Garage Spaces 0
Exterior Building Type Frame
Foundation Concrete Perimeter
Garage Details None/NA
Parking None
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - South Chicago
Zoning Type MULTI
Corporate Limits CHICAGO
Directions 85th to Colfax North to Property
Equipment TV-Cable, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township SOUTH CHICAGO
Waterfront 0
Interior Features
Basement Description Crawl
Basement None
Bedrooms Count 7
Bedrooms Possible 7
Bedrooms (Below Grade) 0
Baths FULL Count 3
Baths Count 3
Full Baths in Building Count 3
Total Rooms 9
Units
unit 1
Appliances/Features Unit 1 Stove, Refrigerator
Beds Total 3
Number Full Baths-Unit 1 1
Baths Total 1
Lease Exp Date (Mo/Yr) - Unit 1 06/09
Number Of Rooms - Unit 1 5
Actual Rent 750
Sec Deposit $ - Unit 1 750
Tenant Pays - Unit 1 Electric, Gas, Heat
Floor Number - Unit 1 1
unit 2
Beds Total 4
Baths Total 3
Actual Rent 1250
Appliances/Features Unit 2 Stove, Refrigerator, Washer, Dryer
Number Full Baths-Unit 2 3
Lease Exp Date (Mo/Yr) - Unit 2 01/09
Number Of Rooms - Unit 2 6
Sec Deposit $ - Unit 2 1250
Tenant Pays - Unit 2 Electric, Gas, Heat
Floor Number - Unit 2 2
unit 3
Appliances/Features Unit 3 None
Tenant Pays - Unit 3 None
unit 4
Appliances/Features Unit 4 None
Tenant Pays - Unit 4 None

Financials

Financing FHA
Other Expenses 2 2472
Gross Rental Income $24,000
Insurance Expense $1,020
Net Oper Income $2,128
Investment Profile Residential Income
Rental Income 24000
Water Expense $732

Tax/Assessments/Liens

PIN 21313120120000
Special Assessments N
Taxes $2,167
Tax Exemptions None
Tax Year 2006
$215,000 Listing Price:
MLS # 06902458
Investment Profile Residential Income
Listing Market Time 199 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 05/20/2008
Year Built 1908
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