Homes for sale - 3748 S Honore ST, Chicago, IL 60609

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Oct

Sun

Oct

Mon

Oct

Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$399,000

Est. payment - /mo

8 Beds

3 Baths

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12476961

Bedrooms 8

Year Built 1918

Annual Tax Amount $5,946

Tax Year 2023

Lot Dimensions 38X121

Property Sub-Type Two to Four Units

Property Description

Black mold all over the basement level. Investor Opportunity: Broken water pipe on 2nd floor flooded the whole building. Solid Brick 2,800 square foot Multi-Unit on an oversized 4,500 Sq Ft Lot. Excellent value-add opportunity for investors seeking strong rental income potential. This solid brick multi-unit building offers spacious layouts across all levels: First & Second Floors: Each floor features 3 bedrooms, a spacious living room, formal dining room, and a full-sized kitchen. Finished Basement: Includes 2 bedrooms, full bath, a living room, and a kitchenette - ideal for extended family, in-law arrangement, or additional rental income. Mechanical Systems: One boiler and one water heater service the first and second floors. Basement heat is provided by a space heater. Investor Notes: A burst pipe on the second floor during winter caused water damage that has impacted all three levels. The issue remains unresolved, and the water is currently shut off. Property is being sold as-is and is priced accordingly. Owner will be removing some personal belongings; all remaining contents will be conveyed with the sale. This is a prime renovation project for an experienced investor or contractor. With generous unit sizes, a finished basement, and solid bones, the property offers significant cash flow potential post-rehab. Whether you're looking to fix and hold or reposition for resale, the numbers and layout make this an attractive investment. Bring your vision - and unlock the value.

Location

State IL

County Cook

Area Chi - Mckinley Park

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 1.0

Community Features Sidewalks

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Read Less Info

Listed by James Hankes of @properties Christie's International Real Estate

GET MORE INFORMATION

Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

3748 S Honore ST Chicago, IL 60609

Rich Ayers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

3748 S Honore ST