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Rich Ayers

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

$29,900

Est. payment - /mo

2 Beds

1 Bath

700 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $42

MLS Listing ID 12715999

Bedrooms 2

Full Baths 1

HOA Fees $250/mo

Annual Tax Amount $211

Tax Year 2023

Lot Dimensions 1

Property Sub-Type Condo

Property Description

This is a unique investment opportunity for a buyer with vision and experience. Much of the building is currently vacant, creating the potential for a long-term strategy of acquiring additional units within this 24-unit building as they become available. Located on Chicago's Southeast Side, this ground-level corner unit offers a functional floor plan with tremendous upside. The spacious living room opens to two rear bedrooms, while the generously sized kitchen provides plenty of room for customization and value-add improvements. The unit is in need of updates, making it an ideal project for an investor looking to renovate and add a cash-flowing rental to an expanding portfolio. With the possibility of acquiring additional units within the same building over time, this property presents a rare opportunity to establish a larger ownership position in a single asset. Don't miss the chance to unlock the potential this investment has to offer.

Location

State IL

County Cook

Area Chi - South Chicago

Rooms

Basement None

Interior

Heating Natural Gas

Cooling None

Fireplace N

Building

Dwelling Type Attached Single

Building Description Brick, No

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include Heat,Water,Gas

Ownership Fee Simple w/ HO Assn.

Special Listing Condition REO/Lender Owned

Pets Allowed Cats OK, Dogs OK

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Listed by Ryan Smith of RE/MAX Premier

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

9126 S Buffalo AVE #1F Chicago, IL 60617

Rich Ayers

Key Details

Location

Rooms

Interior

Building

Schools

Others

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9126 S Buffalo AVE #1F