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Map
$108,000 - $132,000
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Multifamily -
In Contract
9942 S Vincennes Avenue
Chicago, IL 60643
7 Beds
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
4
Beds
3
Baths
3,000 ft²
$45/ft²
$135,900
Mar 7, 2024
-
$206/mo
In Contract
House
3
Beds
1.5
Baths
1,024 ft²
$133/ft²
$135,900
Dec 5, 2023
-
$165/mo
Active
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