Attention Cash Buyers

Are you looking for your next

6 Flat Investment?

Make an offer on this 12 bedroom, 6 bathroom, 6 unit building today

2360 S Sacramento Ave, Chicago IL 60623

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Overview

6 Flat Residential

12 Bedroom

6 Bathrooms

4701 SQFT Living Space

3175 SQFT Lot

Description

Spacious 6-Unit Residential Building in Chicago's Marshall Square.

2360 S. Sacramento Ave, Chicago IL 60623

Property Condition:

The property is very well kept and in great condition. Five out of the six units are non-owner occupied. All units are well maintained by management and could use cosmetic upgrades, as desired. The basement's rear (BR) unit is in raw condition and ready for a new layout. The unit can hold 2 bedrooms, 1 bathroom, kitchen, living room and has two entrances.

Each Unit Features

  1. ~725 SqFt

  2. 2 Bedrooms

  3. 1 Full Bathroom

  4. Family Room

  5. Kitchen

Recent Done

  1. Roof

  2. Tuckpointing

  3. Windows

  4. Water Heaters

  5. Fenced Lot

Key Notes

  1. Potential Attic Duplex

  2. Collect Rent After Closing

  3. Strong Market Rents

  4. New Landmark Projects

  5. Centrally Located

This building presents a fantastic “value add” opportunity for investors and the community.

  • Bike Lanes designated on 24th Street

  • Pink Line Train Station at Kedzie and California

  • John Spry Community High School across the street

  • True Value Boys & Girls Club of Chicago across the street

  • Maria Saucedo Scholastics Academy Middle School 2 blocks away

  • Telpochcali Elementary School2 blocks away

  • Illinois Medical District (2.6 miles)

  • University of Illinois Chicago (3.6 miles)

  • St Augustine College (0.7 miles)

Legal 6 Unit, 12 Bed, 6 Bath + Attic

Cash Only, Asking $549,800

Take a look on the inside

Unit 1

Unit 2

Unit 3

Unit 4

Unit 5

Unit 6

Garage

Utilities

AS-IS Comparables:

  1. 2714 W 24th Pl. (0.4 miles away, Price Per Square Foot = $176.00), SOLD $525,000

  2. 2530 S Christiana Ave. (0.6 miles away, Price Per Square Foot = $147.71), SOLD $335,000

  3. 2931 W 24th Blvd. (0.2 miles away, Price Per Square Foot = $146.87), SOLD $460,000

  4. 3401 W Cullerton St. (0.6 miles away, Price Per Square Foot = $135.00), SOLD $530,000

  5. 3035 W 19th St. (0.6 miles away, Price Per Square Foot = $130.30), SOLD $430,000

After Repair Value:

  1. 1624 S Fairfield Ave. (1 miles away, Price Per Square Foot = $205.60), SOLD $675,000

  2. 2246 S Whipple St. (0.2 miles away, Price Per Square Foot = $188.00), SOLD $880,000

  3. 2512 S Sawyer Ave. (0.4 miles away, Price Per Square Foot = $149.66), SOLD $500,000

Financial Overview:

  • Asking Price: $549,800

  • After Repair Value: $966,526 +

  • Local Rent Averages AS-IS for 2 bed / 1 bath / 700 SQFT: $1400

This Property Has Great Comparable's and ARV's

Get Property Analysis Emailed To You For Review

This 6 -unit property offers a fantastic add-value investment opportunity with significant potential for equity. Don’t miss out on this chance to own a piece of Chicago’s 6-flat real estate market!

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Legal 6 Unit, 12 Bed, 6 Bath + Attic

Cash Only, Asking $549,800

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