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$ 145,000
Est. payment /mo
New
8109 S Chappel AVE Chicago, IL 60617
4 Beds
3 Baths
1,400 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $103
MLS Listing ID 12795537
Bedrooms 4
Full Baths 3
Year Built 1923
Annual Tax Amount $1,832
Tax Year 2023
Lot Dimensions 30x125
Property Sub-Type Detached Single
Property Description
Investor Special / Equity Opportunity in South Shore! Significant preliminary renovation work already completed: full interior redesign, new framing for a master walk-in closet, expanded kitchen layout, initial rough plumbing, and drywall hung throughout. The heavy lifting has already begun: the property has been completely demoed with all-new framing completed throughout. It is uniquely set up to easily accommodate a dual-zone heating and cooling system. All-new main windows have been installed around the home, and new glass block windows are included with the sale.Property experienced a break-in resulting in missing copper wiring/piping and partial electrical disruption-priced accordingly at $145,000 for a quick sale. Strong comps in the immediate area support an ARV (After Repair Value) of $310,000+ with an estimated $95k completion budget, offering $75k-$80k+ potential profit margin. Sold As-Is / Cash preferred.
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement Unfinished, Full
Interior
Heating Gas
Cooling Central Air
Fireplace N
Building
Dwelling Type Detached Single
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Level or Stories 1.5 Story
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany

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Listed by Steven Rouse of Keller Williams Preferred Realty
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