$229,000
- Beds
- 2
- Baths
- 2.0
- sq ft
- 1,600
4837 S Forrestville Ave Unit 1, Chicago, IL 60615
4837 S Forrestville Ave Unit 1
Chicago, IL 60615
- 10 days on market
UNMISSABLE INVESTMENT OPPORTUNITY! This captivating, investor-friendly condo is a true gem! Located on a beautiful tree-lined block in one of Chicago's hottest and most prime neighborhoods, this property offers over 1500 sqft of living space. The 2 bed/2 full bath condo includes sizable bedrooms plus a bonus den. Notable features include a modernized kitchen with stainless steel appliances, original hardwood floors throughout, recessed lighting, and a wood-burning fireplace. The spacious living and dining room combo adds to its charm. Perfect for investors seeking instant cash flow or owner-occupying buyers ready to add their finishing touches, this property is a rare find. Additional highlights include central A/C, a master suite with a full master bathroom and an assigned parking space. Currently occupied by month-to-month tenants with a reputable history of on-time payments, this property offers reliable income. Minor improvements could boost the potential maximum rent to upwards of $2000+ per month! Priced to sell with significant equity built into the list price, the average ARV for sold 2-bed comparables within a 1-mile radius is $260,000+. Located in the heart of the vibrant Bronzeville neighborhood, you'll enjoy nightlife, dining, shopping, and easy access to public transit and highways. With numerous new developments surrounding the area, this is your chance to secure a property in a rapidly appreciating neighborhood. Don't miss out on this incredible opportunity! Schedule a showing today! Property will be sold "as is where is"
Details
Property type
Condominium
Lot size
Unknown
Price per sq ft
$144
Year built
Unknown
HOA
Yes
Price History
06/22/2024
MRED #12091524
Listed
$229,000
+38.87%
05/27/2024
MRED #11417979
Removed
$164,900
05/27/2022
MRED #11417979
Listed
$164,900
+266.44%
Schools & Community
Neighborhood:
Bronzeville
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
299
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Tomo last checked: 07/02/2024 at 6:45 PM
Listing updated: 06/29/2024 at 11:23 AM
Listed by: D'Andre Daye, Straight-A Realty, LLC Phone #: (630) 288-2446
MLS: MRED #12091524
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