8623 South Manistee Avenue

Chicago, IL 60617

$165,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unlock the possibilities in this versatile 2-flat property with a basement, perfect for investors or owner-occupants looking to add value. While it needs some TLC, the After-Repair Value (ARV) is estimated at $250K, making it a fantastic opportunity for future appreciation. With tenants recently vacated, this property is ready for upgrades to achieve maximum rental income. Includes a newer hot water tank, saving on immediate expenses. Don't miss your chance to turn this building into a high-yield...Unlock the possibilities in this versatile 2-flat property with a basement, perfect for investors or owner-occupants looking to add value. While it needs some TLC, the After-Repair Value (ARV) is estimated at $250K, making it a fantastic opportunity for future appreciation. With tenants recently vacated, this property is ready for upgrades to achieve maximum rental income. Includes a newer hot water tank, saving on immediate expenses. Don't miss your chance to turn this building into a high-yield investment! Schedule a viewing today!
  1. Listed by Nikki Kimsey • Keller Williams Preferred Rlty

Property Details for 8623 South Manistee Avenue

Area
CHI - South Chicago
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Traditional
LISTING UPDATED: 11/06/2024 12:06 AM

Property Details for 8623 South Manistee Avenue

StatusActive
MLS #12201551
Days on Market16
Taxes$1,547 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1903
Lot Size0.10 AC / 4,375 SF
CountyCook County

Building Information for 8623 South Manistee Avenue

Stories-Residences2Year Built1903Building Size-Lot Size0.10 AC / 4,375 SF

Property Information for 8623 South Manistee Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 35X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 8600
  • East Coordinate: 2700
  • West Coordinate: 0
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 12
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
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: NONE
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: NONE

Property History for 8623 South Manistee 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 8623 South Manistee Avenue

Taxable ValueLand$3,125Additions$1,375Total$4,500
Tax Record2022$926 ($77 / month)
Home Facts
Baths2Total Finished SqFt1,496 SqFtAbove Grade Finished SqFt1,496 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1905CountyCOOKAPN21-31-331-009

Schools near 8623 South Manistee Avenue

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

Bowen High School
Public9 to 12

Baker College Prep
Charter9 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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8623 South Manistee Avenue is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on October 31, 2024 by Keller Williams Preferred Rlty, it's currently listed at $165,000. It has been on the market for a total of 16 days and was last sold on May 6, 2008. This listing's school district is Chicago Public Schools. Nearby schools include Mireles Elementary Academy, Bowen High School and Baker College Prep. 8623 South Manistee Avenue is a 4-bed, 2-bath, multi-family home built in 1903.

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 Keller Williams Preferred Rlty

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 11/06/2024 12:06 AM. 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.