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  • Price$178,000
  • Built1902

317 East 116th Street, Chicago

AMAZING CASH FLOW BUILDINGS IN THE HOT WEST PULLMAN! 2 BUILDINGS FOR THE PRICE OF 1 BUILDING! REHABBERS SPECIAL! OWNER FINANCING AVAILABLE! THE FRONT BUILDING HAD A FIRE LAST YEAR. 2 OUT OF 4 UNITS REQUIRE GUT REHAB! THE FRONT BUILDING REQUIRE A NEW ROOF. REAR BUILDING'S @ UNITS ARE IN RENTABLE CONDITION. OWNER WILL CONCIDER $10,000 DOWN PAYMENT OWNER WILL EXTEND LOAN BALANCE FOR 12 MONTHS TO ALLOW THE BUYER TO FINISH REHABBING THE BUILDING. BEST ESTIMATES ARE THAT IT WILL COST 60,000 TO FINISH ALL NECESSARY REHABILITATION OF THE FRONT BUILDING. PARTNERSHIP FEELS CONFIDENT THAT WHEN FINISHED AND APARTMENTS RENTED THAT THE PROPERTY WILL SELL FOR $300,000 AND POSSIBLY MORE!!!

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Essential Information

  • MLS® #11994254
  • Price$178,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1902
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusActive
  • Taxes$2,832

Interior

  • CoolingNone

Listing Details

  • Listing OfficeRealty Advisors Elite Llc

Community Information

  • Address317 East 116th Street
  • AreaCHI - West Pullman
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60628

Additional Information

  • Days on Market69

Price Change History for 317 East 116th Street, Chicago, IL (MLS® #11994254)

Date Details Price Change
Active (from New) – –
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Listing information last updated on May 9th, 2024 at 3:53am CDT.