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Chicago 60643 Longwood Manor
9942 S Vincennes Avenue
$108,000 - $132,000
Multifamily - In Contract

9942 S Vincennes Avenue

Chicago, IL 60643
bedrooms
7 Beds
bathrooms
0 Bath

About This Property

Attention Investors & Savvy Owner Occupants! Discover the potential of 9442 S Vincennes, a sprawling 2-flat offering an impressive 7 bedrooms and 3 bathrooms.Situated on a generous 4,356 square foot lot with the bonus of 2 separate pins, this property presents a rare investment opportunity. Each spacious unit within this apartment is complemented by forced air heating and central air for year-round comfort. The first-floor unit, requiring some TLC, features an expansive layout with 5 bedrooms, 1.5 bath, and dedicated living, dining, kitchen and in-unit laundry. The current tenant is transitioning out, paving the way for a seamless update. The second-floor unit exudes charm and meticulous care, offering 2 beds, 2 baths,  additional flex space and in-unit laundry. Creative use of the living area as a bedroom and a bedroom as an extensive walk-in closet. Investors will appreciate the extensive improvements made in 2016, including a gut rehab with updates to all major mechanicals. Notable enhancements include a newer furnace (#1-2016 / #2 unknown), AC units (2016 & 2023), and water heaters (2016 & 2023), ensuring low maintenance costs. The property boasts new roofing on both the pitched and flat areas (2022), some new windows (2016), tuckpointing (2018)  and a freshly rebuilt Catch Basin (2022); The large, unfinished basement with overhead sewer and newer sump pump (2022) adds potential for further expansion with interior access from Unit 1. Plus, the oversized garage provides ample storage or parking for three cars. Sold AS-IS, with the exclusion of the 2nd-floor tenant's washer and dryer. This property may not be suitable for FHA or VA financing - Buyers & Agents should do their due diligence. With its significant lot size and thoughtful updates this can be a great addition to any portfolio - bring your vision to maximize its profitability. 72 Hours notice required. DO NOT DISTURB TENANTS!!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$194
HOA Dues
-
Year Built
1879
Listed By

Price History

Date / Event Date Event Price
Mar 24, 2024 In contract -
In contract
Mar 14, 2024 Listed $120,000
Listed

Property Highlights

Exterior Details

Exterior Information

Brick
Vinyl Siding

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
3 Beds
-
-
$135,000 Oct 31, 2023
-
$79/mo
House
4 Beds
3 Baths
3,000 ft²
$45/ft²
$135,900 Mar 7, 2024
-
$206/mo
House
3 Beds
1.5 Baths
1,024 ft²
$133/ft²
$135,900 Dec 5, 2023
-
$165/mo
House
4 Beds
1.5 Baths
2,000 ft²
$50/ft²
$100,000 Jan 10, 2024
-
$120/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

9942 South Vincennes Avenue 9942 South Vincennes Avenue, Chicago, IL 60643
  • 1 Unit for Sale
More about this Building
9942 South Vincennes Avenue
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About South Side


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