Chicago, IL 60617,8241 S Saginaw AVE
Chicago, IL 60617,8241 S Saginaw AVE
Chicago, IL 60617,8241 S Saginaw AVE
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Jessika Bennett

Jessika Bennett

The Bempah Group

+1(331) 684-5003
$89,900
Est. payment /mo
4 Beds
2 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12349331

Bedrooms 4

Year Built 1919

Annual Tax Amount $1,793

Tax Year 2023

Lot Dimensions 32 X 124

Property Sub-Type Two to Four Units

Property Description

Located in the sought-after South Shore, this solid, all brick two unit is an investors dream and at this value will not last long! This building has undergone a severe fire to the second floor unit, the first floor unit also has fire damage, this is a project for a seasoned investor but high risk = high reward! With back end values in the low $400K range this building is a great value add potential! Each unit offers two bedrooms per unit, with the roof missing the second floor unit can be duplexed up to add more space, duplex the first floor into the basement and BOOM there are two HUGE units! Located centrally between the Skyway and Lake Shore drive, this location is ideal. Tons of upside here, do not overlook this project and get inside today

Location

State IL

County Cook

Area Chi - South Chicago

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition REO/Lender Owned


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Midwest Real Estate Data (MRED) IDX
Listed by Ryan Smith • RE/MAX Properties
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agent

Jessika Bennett

Broker | License ID: 475.193596

+1(331) 684-5003

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8241 S Saginaw AVE