tomo logo

$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

MRED #12091524

Listed
$229,000
+38.87%
05/27/2024
MRED

MRED #11417979

Removed
$164,900
05/27/2022
MRED

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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Status: Active

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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