8733 S Harper Avenue
Chicago, IL 60619

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $350,000

About this home

Why pay rent when you can live for free? This newly remodeled 2 unit includes a finished basement that could serve as nonconforming bonus 3rd unit (includes bedroom, bathroom and kitchen). Located in Avalon Park, this property rests on a beautiful treelined block with pride of ownership. Basement unit (900 sq/feet) features 1 bedroom and is open concept with all new appliances and updated kitchen/bathroom, last rented for $1, 085/month! 1st floor (1, 100 sq/feet) features 2 bedrooms, den/office, living room, separate dining room, with updated kitchen/bathroom, currently rents for $1, 325/month. 2nd floor (900 sq/ft) currently rents for $1350/month, features 2 bedrooms, living room, with updated kitchen/bathroom.. All utilities separate! Building is in excellent condition! Walking distance to restaurants, shopping, public transit, and grocery. Five minute drive to major expressways. Ten minute drive to the beach. 20 minute drive to Downtown Chicago/Indiana. New Roof installed May 2021; New sewage check valve and catch basin installed in June 2020; Separate electric panels installed in Feb 2021. Awesome turn key opportunity for investor seeking cashflow or homeowner seeking minimal expenses! AC mechanicals are in place, you just need to purchase the condensers. Purchase includes ring alarm system (4 solar panels and 4 ring cams). All appliances included! Coined laundry and detached 2.5 car garage.

Property details

Property / Lot Details
Acreage 0.1
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Additional Media Type 1 Virtual Tour
Additional Media URL 1 External link
Age 61-70 Years
3 Bedroom Unit in Building No
Approx Year Built 1956
Parking Total 2
Exterior Building Type Brick
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2020
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Calumet Heights
Corporate Limits Chicago
Directions North on Stony Island. West on 86th Street. North on Harper Ave.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 15
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1325
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Parking
Floor Number 1
Square Feet 1100
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 04/24
Rooms Total 5
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 900

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 25022080110000
Special Assessments N
Taxes $1,704
Tax Exemptions Homeowner
Tax Year 2022
$350,000 Listing Price:
MLS # 11935916
Investment Profile Residential Income
Listing Market Time 29 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 2
Parking Garage
List Date 11/29/2023
Year Built 1956
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