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7844 S Peoria Street Chicago, IL 60620 • Multi Unit - Multiple • (Bank Owned) - Pending

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Description

Located in the heart of Auburn Gresham this is an amazing opportunity for an investor looking to build equity in a project which needs some vision to bring back to life. This building is MASSIVE The building has three legal units and a garage which has been converted into a non-conforming coach house. The interior of the building is currently stripped, studded out with 4 bedrooms per unit is the current layout. A buyer with vision will need to finish the project but the potential is endless. There is HUGE UPSIDE here, renovate add value and rent out or create the first floor unit to a duplex down which can be a large owners unit while renting the other two units out, any way you look at it this is a win win and would get inside today to see all the potential this building offers.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 12
Bathrooms: 3
County: Cook
Listed By:
RE/MAX Premier 708-246-6300
MRED MLS
$214,900
Est. $1,402/mo
12beds
3baths
(Bank Owned) - Pending
BEDS12 BATHS3 full MLS#12548960
STATUS(Bank Owned) - Pending PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299
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Shown By

Bob Kelly
 (563) 650-2168

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7844 S Peoria Street, Chicago, IL 60620.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $214,900$214,900$214,900
Down Payment $42,980$7,522$53,725
Monthly Mortgage Amount $1,003$1,231$1,306
Taxes $299$299$299
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$94$0
Monthly Estimated Total $1,402$1,724$1,705

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