7632 S Rhodes Avenue

Chicago, Illinois 60619

Chris J. Secaur

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Property Type
Single Family
Community Area
Greater Grand Crossing

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 five years. Great tenant, any investor would be happy to own this guaranteed money maker. This property is being rented at $1156 a month. Get about a 9% cap rate on a cash for cash investment And with today's rates and a 16% cap rate with a conventional investment loan on the initial investment of 25% down payment. This property has 4 bedrooms, 2 full bathrooms and a full finished basement. This property was a Full gut rehab inside and out in 2010, where roof, windows, furnace, appliances and more was brand new. It has also beed updated in 2018. 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.

Full Features
Exterior Type: Brick
Basement: Finished,Exterior Access
Beds Above Grade: 4
Beds Below Grade: 0
Cooling System: None
Heating System: Gas, Forced Air, Radiators
Main Level Primary Bedroom: Yes
Fireplace: No
Pool: No
Age: 100+ Years
Parking Type: None
Parking Spaces: 0
Roof Type: Asphalt/Glass (Shingles)
Room Count: 8
Water Front: No
Square Feet: 1,600
Tax Amount: $2,491
Tax Year: 2019
External Features: Porch

Room Information
Living Room: 20X10 - Main Level
Dining Room: 14X10 - Main Level
Kitchen: 10X8 - Main Level
Family Room: 12X10 - Walkout Basement
Primary Bedroom: 10X9 - Main Level
2nd Bedroom: 10X9 - Main Level
3rd Bedroom: 12X9 - Walkout Basement
4th Bedroom: 10X9 - Walkout Basement

Taxes & Assessments
Taxes: $2,491

Listing information updated 2/18/2021 at 12:23am

Listing Office: HomeSmart Realty Group

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Greater Grand Crossing

Neighborhoods: Hamilton Park, Park Manor, Parkway Gardens

Greater Grand Crossing is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles,…

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School District(s)
City Of Chicago SD 299
Elementary School
Ruggles Elementary School
Middle School
Ruggles Elementary School
High School
Hirsch Metropolitan High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at 79th (0.78 miles away)

Metra Electric Main Branch, Metra Electric South Chicago Branch, South Shore, Rock Island District

at Chatham Metra (0.82 miles away), 67th St Metra, 63rd Street, Gresham Metra and others


7632 S Rhodes Avenue Chicago, Illinois 60619 is a single family home currently listed at $119,500. 7632 S Rhodes Avenue features 4 bedroom(s) and 2 bath(s). This single family home has been listed on @properties since January 27th, 2021 and was built in 1909. Nearby schools include Ruggles Elementary School, Hirsch Metropolitan High School. The nearest transit stops include 79th CTA Red line, Metra Electric Main Branch Chatham Metra. Want to learn more about 7632 S Rhodes Avenue Chicago, Illinois 60619? Contact an @properties agent to request more info.

© 2021 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.