703 West 116th, Chicago IL 60628
Property Description
This all-brick, 3-bedroom, 1-bathroom residence in historic West Pullman offers landlords a prime opportunity to generate rental income. With long-term tenants in place since 2016, paying $1,300 in monthly rent, this property provides a stable source of revenue. The main floor features three generously sized bedrooms and a full bathroom, while the partially finished basement includes a laundry room and space to add additional rooms or bathroom. The exterior's all-brick construction and backyard parking pad are notable features. Hardwood flooring and newer windows are additional highlights. While some routine maintenance is necessary, the tenants wish to remain, and the property's proximity to Halsted Street's restaurants and shops adds to its appeal. Annual taxes are $1,374.77.
Features & Information
Key Details
- List Price $159,000
- Property Taxes $1,374.77
- Square Feet 999
- Price/ Sq. Ft. $159.16
- Year Built 1960
- Parking Type Space/s
- Status Price Change
Rooms
- Total Rooms 6
- Basement F
-
Master Bedroom
- Master Bath N
- Room Size 11X10
-
Bedroom 2
- Room Size 10X10
- Floor Level Main Level
-
Bedroom 3
- Room Size 10X10
- Floor Level Main Level
-
Living Room
- Room Size 12X11
- Floor Level Main Level
-
Dining Room
- Room Size COMBO
- Floor Level Main Level
-
Kitchen
- Room Size 11X15
- Floor Level Main Level
-
Basement
- Basement Description Partially Finished
- Bathroom(s) in Basement N
Interior Features
-
Heating & Cooling
- Heating Type Gas
- Air Conditioning None
Exterior Features
-
Building Information
- Age of Building 61-70 Years
- Exterior Construction Brick
-
Parking
- Parking Space/s
- # of Cars 2
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property On S Halsted Turn L On 116th St
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1374.77
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 25213040240000
-
Lot Information
- Dimensions 154X33
Utilities
- Sewer Sewer-Publ
Listed by Mallory Thomas for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/18/2024 11:32 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.
Explore West Pullman
On the far south side of Chicago, this older neighborhood, once home to scores of area factory workers, now houses scores of families that enjoy its rich history and affordable real estate. For an area that got its start as a residence for industrial labor (and a place with its fair share of factories), West Pullman has an unexpectedly high incidence of parkland, playlots and other outdoor recreation sites. The neighborhood's residential blocks range from verdant, tree-lined yards that require the care of a good push mower and gardener to more urban areas with tightly-packed dwellings stretching as far as the eye can see. Among the different housing styles found along the West Pullman streets there is one property that gets quite a bit more attention than any other home. It is a beautiful example of famous architect Frank Lloyd Wright's signature design, incorporating geometric forms, the surrounding landscape, in addition and elements of Japanese patterns.
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