$128,705*
●
House -
Off Market
7632 South RHODES Avenue
Chicago, IL 60619
4 Beds
2 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
3
Beds
1.5
Baths
1,524 ft²
$58/ft²
$88,400
Jan 10, 2023
-
$64/mo
Active
House
3
Beds
1.5
Baths
1,302 ft²
$96/ft²
$125,000
Sep 27, 2022
-
$218/mo
Active
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
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/19/2021
|
|
4 Bed
|
2 Bath
|
1600 ft²
|
$140,000
4 Bed
2 Bath
1600 ft²
|
-
-
|
-
|
-
|
04/21/2018
|
|
3 Bed
|
2 Bath
|
933 ft²
|
$94,900
3 Bed
2 Bath
933 ft²
|
-
-
|
-
|
-
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