$75,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,700
8000 S Phillips Ave Unit 2N, Chicago, IL 60617
8000 S Phillips Ave Unit 2N
Chicago, IL 60617
- 9 days on market
IMPRESSIVELY LARGE 3 BED/2 FULL BATH FOR A STEAL... WITH A MASTER SUITE ! Welcome to 8000 S Phillips Ave Unit 2N, Chicago, IL 60617, a freshly painted and impressively spacious condo boasting approximately 1700 sq ft. This second-floor unit features high ceilings and hardwood floors throughout, creating a bright and open living environment. Perfect for both investors seeking instant cash flow and owner-occupying buyers ready to add their finishing touches. This condo offers three sizable bedrooms and two full, modernized bathrooms, including a master suite. The sundrenched living and dining room combo area, with a large picture window, provides a warm and inviting space for relaxation and entertaining. The large and open kitchen is equipped with stainless steel appliances and granite countertops, perfect for culinary enthusiasts. Additional highlights include a bonus den area, ideal for use as a walk-in closet, office, storage, or flex room and convenient coin laundry within the comfort of the building! This condo is currently tenant-occupied by a tenant who maintains the property extremely well, ensuring a seamless transition for new owners. Located in the vibrant South Chicago neighborhood, this condo is minutes away from hospitals, dining, shopping, entertainment, parks, and public transportation. Minor improvements can boost the max ARV rental price potential to $1600 for a three-bedroom unit, revealing an extremely generous cap rate and very lucrative annual returns. Priced to sell, this condo presents an exceptional investment opportunity with huge equity upside. Don't miss out on this incredible deal! Schedule a showing today and secure your stake in this rapidly appreciating neighborhood. Property will be sold "as is where is"
Details
Property type
Condominium
Lot size
Unknown
Price per sq ft
$45
Year built
1924
Annual property taxes
$502.34
Monthly HOA fee
$350
Price History
06/23/2024
![MRED](/_next/static/media/mredLogo.8689551f.png)
MRED #12091847
Listed
$75,000
06/22/2024
![MRED](/_next/static/media/mredLogo.8689551f.png)
MRED #11825305
Removed
$75,000
05/27/2024
![MRED](/_next/static/media/mredLogo.8689551f.png)
MRED #11825305
Price change
$75,000
-16.67%
Schools & Community
Neighborhood:
South Chicago
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 6:20 PM
Listing updated: 07/02/2024 at 1:47 PM
Listed by: D'Andre Daye, Straight-A Realty, LLC Phone #: (630) 288-2446
MLS: MRED #12091847
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