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Map
$101,291*
●
House -
Off Market
6830 South Prairie Avenue
Chicago, IL 60637
4 Beds
2 Baths
1772 Sqft
$90,000 - $100,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Attention all investors! 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
three years. Great tenant, any investor would be happy to own
this guaranteed money maker. This property is being rented at $1400
a month. Get about a 17% cap rate on a cash for cash investment And
with today's rates and a 40% 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 home was a full gut rehab inside and out with brand
new everything, from hvac, roof, windows, appliances and more. Was
also recently updated in 2017. 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 1772 square feet.
The manager has listed the unit size as 1772 square feet.
Unit Size
1,772Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$51
Property Type
House
Property Taxes
$2,681
HOA Dues
-
Year Built
1925
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Feb 5, 2021 | In contract | - | |
In contract | |||
Jan 19, 2021 | Listed | $90,000 | |
Listed | |||
Nov 6, 2020 | No longer available | - | |
No longer available | |||
Sep 5, 2020 | Price Increased |
$119,900
↑ $21K
(21.1%)
|
|
Price Increased |
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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
4
Beds
2
Baths
1,359 ft²
$73/ft²
$99,000
Feb 8, 2024
-
$154/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/31/2020
|
|
4 Bed
|
2 Bath
|
962 ft²
|
$109,000
4 Bed
2 Bath
962 ft²
|
-
-
|
-
|
-
|
08/21/2018
|
|
4 Bed
|
2 Bath
|
962 ft²
|
-
4 Bed
2 Bath
962 ft²
|
-
-
|
-
|
-
|