8854 S Buffalo Avenue
Chicago, IL 60617

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $320,000
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About this home

AS-IS Southeast Gem indeed sounds promising! Renovated 3 units with high ceilings and separate furnaces offer versatility and comfort. The enclosed back porch adds value, doubling as storage or perhaps a cozy spot for each tenant. Plus, the convenient location near schools, shopping, and public transportation. Live in one unit while renting out the others is a smart move, providing both income and a home base. And with the property already in great shape but still open to personal touches, there's potential for customization and further value appreciation. Minutes away from both Chicago and Indiana beaches via Lake Shore Drive

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 25 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Interior Features
Additional Rooms Enclosed Porch
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 6/24
Rooms Total 5
Security Deposit NONE
Tenant Pays None
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1600
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 6
Security Deposit NONE
Tenant Pays None
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Security Deposit NONE
Tenant Pays None
Floor Number G
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1880
Parking Total 2
Exterior Building Type Aluminum Siding, Frame
Foundation Concrete Perimeter
Parking Features Off Alley, Off Street
Garage On-Site Yes
Parking Ownership N/A
Parking Space/s
Rehab Year 2023
Roof Type Asphalt
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - South Chicago
Zoning Type MULTI
Corporate Limits Chicago
Directions TAKE 87TH STREET TO BUFFALO, SOUTH TO PROPERTY
Equipment TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Elementary School James Thorp Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+
High Sch Bowen High School
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle School James Thorp Elementary School
Jr High/Middle Dist 299
Subdivision Rainbow Beach
Township Hyde Park

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 26051020440000
Special Assessments N
Taxes $1,008
Tax Exemptions Homeowner
Tax Year 2021
$320,000 Listing Price:
MLS # 11963614
Investment Profile Residential Income
Listing Market Time 152 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 01/19/2024
Year Built 1880
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