$270,000

8,400

square ft

8046 S Ellis Avenue

Chicago, Illinois 60619

Closed / MLS #11795800 / Multiple Family / Chatham

Listing information updated 9/6/2023 at 4:23pm

CHATHAM 6 UNIT! A great opportunity for the savvy investor or contractor. All brick six flat ready to be finished. Demo has been done. roughed in plumbing, conduit, some ductwork and roof repaired plus sealed with Gaco silicone. Seller has plans to convert to 3 bed units w/ separate utilities or condo. Could also potentially convert basements to add 2 more units. All you need to do is finish the work. Buyer to assume any and all city items. Sold as-is. Cash or rehab only. Rental rates for 3 bedroom rehabbed units are going for $1500 monthly which yields 108K in yearly gross rental income. Come see it today!

Full Features

Exterior Type:

Brick

Basement:

Unfinished

Water Front:

Square Feet:

8,400

Acreage:

0.14

Built:

1923

Parking Spaces:

Cooling System:

None

Stories:

Roof:

Tar and Gravel

Current Use:

Multi-Family

Potential Use:

Condominium

Zoning:

MULTI

Building Square Feet:

8,400

Unit 1:

6 room(s) / 3 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$4,423

Tax Year:

2021

Location

Zip Code:

60619

City:

Chicago

County:

Cook

Listing Office: eXp Realty, LLC

Listing Office Phone: 888.574.9405

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/6/2023 at 4:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Chatham, IL

A well-established neighborhood that has evolved over the years, Chatham is home to many residents that have lived in the community for much of their lives. Avalon Highlands, Chesterfield, and Chatham Fields are three of the sub-areas that comprise this tight-knit community. Listed on the National R...

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Metra

Metra Electric Main Branch line at Chatham Metra

$198,565

Average Sale Price

110

Average Days On The Market

93%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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8046 S Ellis Avenue is a multiple family which sold for $270,000. This multiple family has been listed on @properties since May 31st, 2023 and was built in 1923. The nearest transit stops include Chatham Metra Metra Metra Electric Main Branch line.