8205 South Houston, Chicago IL 60617
- Units 4
- Total Beds 6
- Total Baths 4
- Taxes $1,051
- Payment Estimate View Mortgage Calculator
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Property Description
Attention First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that practically pays for itself! Imagine living in your newly rehabbed 2-bedroom unit while collecting rental income from the other three fully-occupied units, currently generating $3,400 per month. Your mortgage could be covered from day one, allowing you to enjoy the benefits of homeownership AND investment simultaneously! Located in a rapidly growing area, this property is just minutes from the beach, the prestigious Tiger Woods Golf Course, and the highly anticipated Obama Presidential Center, making it a prime location for long-term value appreciation. Whether you're looking to live in one unit and earn rental income, or take your first step into real estate investing, this property offers endless possibilities. The first-floor unit has just been updated and is ready for its new owner. With the remaining units fully rented and providing steady cash flow, this is the perfect opportunity to start building wealth in a high-demand neighborhood. Don't wait - this opportunity won't last long! Schedule your viewing today and take the first step toward securing your future with this cash-flowing investment!
Features & Information
Key Details
- List Price $327,500
- Property Taxes $1,051
- Price/ Sq. Ft. Unavailable
- Year Built 1895
- Parking Type None
- Status Active
Rooms
- Total Rooms 20
- Basement P
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Frame
- Foundation Concrete
- Heating & Cooling Gas
-
Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
- Unit 3 Refrigerator
- Unit 4 Stove, Refrigerator
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property From Dan Ryan Xway To 83rd East To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1051
- Tax Year 2022
- Tax Exemptions None
- Parcel Identification Number 21312310030000
Utilities
- Sewer Sewer-Publ
Listed by Thomas Sweeney for Baird & Warner | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 1/24/2025 10:02 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 South Chicago
In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.
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