See Home Value
Chicago 60619 Chatham
7632 South RHODES Avenue
$128,705*
House - Off Market

7632 South RHODES Avenue

Chicago, IL 60619
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1600 Sqft
$99,000 - $121,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Attention all investors! We are looking for a CASH deal for this underpriced money making machine. Walk through video available upon request. 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.

The manager has listed the unit size as 1600 square feet.
Unit Size
1,600Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$69
Property Type
House
Property Taxes
$2,492
HOA Dues
-
Year Built
1914

Price History

Date / Event Date Event Price
Nov 8, 2021 No longer available -
No longer available
Oct 11, 2021 In contract -
In contract
Oct 6, 2021 Listed $89,900
Listed
Attention all investors! We are looking for a CASH Investor for this underpriced money making machine. Walk through video available upon request. 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…
Aug 24, 2021 No longer available -
No longer available
Aug 7, 2021 Price Decreased $94,900
↓ $5K (5%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
1.5 Baths
979 ft²
$92/ft²
$90,000 Jun 7, 2022
-
-
House
3 Beds
1.5 Baths
1,524 ft²
$58/ft²
$88,400 Jan 10, 2023
-
$64/mo
House
3 Beds
1.5 Baths
1,302 ft²
$96/ft²
$125,000 Sep 27, 2022
-
$218/mo
House
3 Beds
2 Baths
1,074 ft²
$121/ft²
$130,000 Dec 9, 2022
-
$84/mo
House
5 Beds
2 Baths
2,568 ft²
$47/ft²
$120,120 Jun 8, 2022
-
-
Commercial
Loft
-
2,500 ft²
$38/ft²
$95,000 Oct 3, 2022
-
$1,056/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210119
01/19/2021
4 Bed
2 Bath
1600 ft²
$140,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1600 ft²
-
-
-
-
20180421
04/21/2018
3 Bed
2 Bath
933 ft²
$94,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
933 ft²
-
-
-
-

Building Info

7632 South Rhodes Avenue 7632 South Rhodes Avenue, Chicago, IL 60619
More about this Building
7632 South Rhodes Avenue
Want to find out who owns 7632 South Rhodes Avenue, Chicago, IL 60619? Get detailed property transactions here .

About South Side


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