2442 E 79th Street

Chicago, IL
$ 65,000 Beds 0 Baths 0 Sq 5,058
Monthly Estimate* How much can I afford?

South Shore is one of hottest neighborhoods for investors in the entire nation! According to Crain's Chicago Business in an article published on 1/15/2020, a Wisconsin investor just purchased a massive quantity of apartments in South Shore for $18 million dollars! "This deal shows how the rising South Shore apartment market is allowing investors to buy, renovate and then sell buildings at much higher prices than they paid for the properties." This 5-unit residential mixed use includes 4 two bed, one bath apartments and a sizable store front that have the potential to generate $6,000 per month in total rental income! This property qualifies as residential mixed use so feel free to reach out to your FHA 203k consultant! The projected after-repair-value of this property once renovated is approximately $365,000! Please act swiftly before the Venture Capital firms gobble this one up!

Contingent

  • Price
  • $ 65,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,058
  • Full Bathrooms
  • 0
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • 2909
  • County
  • COOK
  • Style
  • Area
  • CHI - South Shore
  • MLS#
  • 10614411
  • Zip
  • 60649
Listing Provided by: Straight-A Realty, LLC

Features

General

Contingency Attorney/Inspection
Property Type Mixed Use
Property Type Commercial Sale
Roof Membrane
Standard Status Active Under Contract
Zoning COMMR

Exterior Features

Building Area Total 5058
Exterior Brick
Lot Dimensions 25X125

Room Details

Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Niles, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/20/2020 Listed $70,000
8/3/2020 8% - $65,000

Property vs Zip Code Average in 60649

Price
AVG $200K
$70K
Taxes
AVG $2,638
$2,909
Visits
AVG 81
252
Year Built
AVG 1924
1920
Walkscore
AVG 64
75
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2442 E 79th Street Chicago, IL is a Single Family Home for sale at $65000 with 5058 sqft and a lot size of Acre(s). 2442 E 79th Street Chicago has 0 bedrooms, 0 baths and was built in 1920. The property's zip code is 60649 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.