7910 South Greenwood, Chicago IL 60619
- Units 3
- Total Beds 11
- Total Baths 6
- Taxes $5,227.59
- Payment Estimate View Mortgage Calculator
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Property Description
Rare Opportunity: Option to Assume a 2.625% FHA Mortgage & Save Thousands Annually, Live Rent FREE & Get Paid $444/Monthly to Live Here! Save $986/Month & Over $380,000 in Interest By Securing This Historically Low Interest Rate! Ideal for Owner-Occupants or Savvy Investors, Recently Renovated in 2018, This Fully Occupied Brick 3-Unit Building Generates Strong Cash Flow! This Cash Flow King is the Rent Hack of All Rent Hacks - Have Existing Tenants Cover Mortgage, Taxes & Insurance and Live Rent Free! Only a Handful of Multi-Units in All of Illinois Qualify for an Interest Rate This Good! At Nearly 4,000 sq ft This True Triplex Boasts Two Spacious Units w/ 4 Beds | 2 Full Baths & One Unit w/ 3 Beds | 2 Full Baths! Well Maintained Building Includes Newer First Floor Water Heater, Windows & 3 Parking Spaces at the Rear of the Building! Conveniently Located Across From the Brand New 79th Street Metra Station & Mere Blocks Away From Lake Shore Drive, Transportation is Easily Accessible! A Short Distance From Several Major Economic Developments Unfolding in the Area! Don't Miss Out on This Opportunity to Invest in a Thriving Market! Tenants Pay Electric, Gas & Heat! Unit #1 Rented for $1150. Unit #2 Rented for $1,290. Unit #3 Rented for $1,320. Rents are Artificially Low for the Area. All Tenants are Month to Month! You Can Acquire This Building for $0 Down, a Cap Rate of 10.66% & Potential Cash-on-Cash Return of Over 360%!
Features & Information
Key Details
- List Price $275,000
- Property Taxes $5,227.59
- Price/ Sq. Ft. Unavailable
- Year Built 2008
- Parking Type Space/s
- Status Active
Rooms
- Total Rooms 18
- Basement N
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building 16-20 Years
- Exterior Construction Brick,Frame
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Range Hood
- Unit 2 Stove, Refrigerator, Dishwasher, Microwave, Range Hood
- Unit 3 Stove, Refrigerator, Dishwasher, Microwave, Range Hood
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 79 St To Greenwood Ave
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 5227.59
- Tax Year 2023
- Parcel Identification Number 20351050250000
Utilities
- Sewer Sewer-Publ
Listed by Ryan Widerberg for eXp Realty, LLC - Chicago North Ave | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/25/2025 7:32 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 Chatham
A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.
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