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7145 S Maplewood Avenue

  • 2 beds
  • 2 baths
  • 1,700 sqft
  • 3,781 sqft lot
  • $94 per sqft
  • 1926 build
  • on site

Attention all investors! Do we have an opportunity for you on this. Priced way below market value and ready for a quick sale. This property is corporate owned and used as a rental unit. There's currently a HCV (Section 8) renter who has been there for ten years. Great tenant, any investor would be happy to own this guaranteed money maker.This property is being rented at $1370 a month. Get about a 10% cap rate on a cash for cash investment And with today's rates and a 20% cap rate with a conventional investment loan on 25% down payment investment. This property has 5 bedrooms, 2 Full bathrooms, a full finished basement and a two car garage. This home was a full gut rehab inside and out with brand new everything, from hvac, roof, windows, appliances and more. Was also recently updated in 2017. This is one of three listed properties 6830 S. Prairie, 7145 S. Maplewood and 7632 Rhodes. Seller may consider a package deal if someone was interested in all three.

MRED logo Listing courtesy of MRED / HomeSmart Realty Group

Last checked: Checking… • Last updated Feb 24, 2021 • Source: MRED

MLS# 10981247 —

Amenities & Taxes

The Building

Year Built:
1926
REBUILT:
No
New Construction:
false
Disability Access:
No
Basement:
Full
Living Area Source:
Estimated

Interior

Rooms Total:
8
Room Type:
Bedroom 5
Living Area:
1700
LAUNDRY:
Not Applicable

Location

Directions:
South or north on 71ST TO MAPLEWOOD

The Property

Parcel Number:
19252050210000
Property Type:
Residential
Lot Size Dimensions:
30X125
Lot Size Acres:
0.0868
Waterfront:
false

Listing Agent

Contact info:

Taxes

Tax Year:
2019
Tax Annual Amount:
1254.15

Beds

Bedrooms Total:
2
Bedrooms Possible:
5

Baths

Bathrooms:
2
Bathrooms Full:
2

The Listing

Special Listing Conditions:
None

Heating & Cooling

Cooling:
Central Air
Heating:
Natural Gas

Utilities

Sewer:
Public Sewer
Water Source:
Public

Schools

Elementary School District:
299
Middle Or Junior School District:
299
High School District:
299

The Community

Association Fee Includes:
None
Association Fee Frequency:
Not Applicable

Parking

Garage Type:
Detached
Garage Spaces:
2
Garage Onsite
Yes

Schools

Rating Details
3

Mckay Elementary School

  • Public
  • K-8
  • 0.4 mi
1

Gage Park High School

  • Public
  • 9-12
  • 1.9 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

7145 S Maplewood Avenue

Asking price

$159,900

Mortgage Principal & interest
Assumes 20% down, 30 yr.
fixed, good credit

$545

Taxes $104
Insurance $43
Utilities $181 See report
Total $873/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
2/8/21
Listed / Active MRED $159,900 -0.1%
2/2/21
Sold Subject To Contingencies MRED $160,000
1/27/21
Listed / Active MRED $160,000 326.7% (32.7% / YR)

Finding records…

No additional history available

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