Courtesy: Exit Strategy Realty / EMA Management
Sold As is, where is...8230-32 S Ellis is a great opportunity for the savvy investor or contractor in this historic Chatham neighborhood on Chicago's Southside. 8230-32 S Ellis is located in a heavily residential area just blocks away from public transportation, various eateries, Avalon Park, and much more. This property features 6 units (Significantly below market rents), which are comprised of (2) 1Bd/1Ba w/ enclosed back porch, (2) 2 Bd/1Ba 1 w/ sunroom, 1 w/enclosed back porch and (2) 3bd/1Ba w/sunrooms. All units have spacious living rooms and decorative fireplaces, and 2 of the units also have spacious dining rooms. There are 3 units that are occupied, and 3 units that are currently vacant. Each unit also has individual furnaces, heat is the responsibility of the tenant. Passive income can be accomplished by adding coin-operated washers and dryers as well as approximately 3-4 (paid) rear parking spaces. Thinking of converting it so that it meets FHA Guidelines? Take 2 of the 6 and duplex them down (seek your lender's assistance for more info.) Thank you for touring! Estimated rents are between $875 and $1295
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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