8205 South Houston Avenue

Chicago, IL 60617

$330,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all investors and savvy first-time buyers! This 4-unit property is your perfect opportunity to own a home that practically pays for itself. Imagine moving into a newly rehabbed 2-bed unit while collecting rent from the other three fully-occupied units, currently generating $3,400 per month in rental income. Your mortgage could be covered from day one! Located in an up-and-coming area, this property is just minutes from the beach, Tiger Woods' golf course, and the highly anticipated Obama...Calling all investors and savvy first-time buyers! This 4-unit property is your perfect opportunity to own a home that practically pays for itself. Imagine moving into a newly rehabbed 2-bed unit while collecting rent from the other three fully-occupied units, currently generating $3,400 per month in rental income. Your mortgage could be covered from day one! Located in an up-and-coming area, this property is just minutes from the beach, Tiger Woods' golf course, and the highly anticipated Obama Presidential Center, ensuring long-term value appreciation. Whether you're looking to build your real estate portfolio or become a homeowner-investor, this property has it all. The first-floor unit has just been updated and is ready for its new owner. Don't miss this chance to own a cash-flowing investment in a rapidly growing neighborhood. Schedule your viewing today and secure your future!
  1. Listed by Thomas Sweeney • Baird & Warner

Property Details for 8205 South Houston Avenue

Area
CHI - South Chicago
Township
South Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 11/22/2024 01:16 PM

Property Details for 8205 South Houston Avenue

StatusNew
MLS #12215683
Days on Market3
Taxes$1,051 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1895
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building Information for 8205 South Houston Avenue

Stories-Residences4Year Built1895Building Size-Lot Size0.07 AC / 3,125 SF

Property Information for 8205 South Houston Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Basement Type: Partial
  • Bedrooms Possible: 6
  • Basement Description: Unfinished, Exterior Access
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 8300
  • East Coordinate: 2300
  • West Coordinate: 0
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 6
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Trash Expense: $.00
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0
Unit 4
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 0

Property History for 8205 South Houston Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8205 South Houston Avenue

Taxable ValueLand$3,150Additions$6,350Total$9,500
Tax Record2022$1,954 ($163 / month)
Home Facts
Baths4Total Finished SqFt2,912 SqFtAbove Grade Finished SqFt2,912 SqFtStories2Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyCOOKAPN21-31-231-003

Schools near 8205 South Houston Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Public - 6 to 12
Charter - K to 8
Rating
School
Distance
Sullivan Elementary School
PublicPK to 8

Epic Academy High School
Charter9 to 12

CAMELOT SAFE ACADEMY SCHOOL
Public6 to 12

Great Lakes Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8205 South Houston Avenue is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on November 22, 2024 by Baird & Warner, it's currently listed at $330,000. It has been on the market for a total of 3 days and was last sold on June 16, 2022. This listing's school district is Chicago Public Schools. Nearby schools include Sullivan Elementary School, Epic Academy High School and CAMELOT SAFE ACADEMY SCHOOL. 8205 South Houston Avenue is a 6-bed, 4-bath, multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/22/2024 01:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.