- 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.
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:
- Agent phone:
- (708) 307-7747
- Office phone:
- (708) 320-0002
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
|
|
|
1
|
Gage Park High School
|
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
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 |
WalkScore®
Provided by WalkScore® Inc.
Soundscore™
Provided by HowLoud
Air Pollution Index
Provided by ClearlyEnergy
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/8/21
Feb 8, 2021
|
Listed / Active | MRED | $159,900 | -0.1% |
|
2/2/21
Feb 2, 2021
|
Sold Subject To Contingencies | MRED | $160,000 | |
|
1/27/21
Jan 27, 2021
|
Listed / Active | MRED | $160,000 | 326.7% (32.7% / YR) |