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Listing Courtesy of Delta Realty, Corp.

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8316 S Essex Avenue - Great opportunity to secure your spot on a quiet block in the HOT South Shore Area. Move in ready solid Brick two unit building with unfinished attic and basement with Tremendous potential to customize to your personal taste and create even more value. Each floor has a 3 bedroom 1 bath apartment with Living Room, Formal Dining room, Kitchen and Enclosed Porch. Some new updates to hvac and mechanicals. Great buy and hold investment opportunity that can generate a positive cash flow for the multi unit investor or the saavy homeowner looking to house hack their way to creating generational wealth. Fire your landlord! Become the landlord! put your money to work for you. This home is priced to sell and easy to show. book your tour today!

Listing information

  • MLS® ID: 10510864
  • Beds: 6
  • Stories: 0
  • Foreclosure: No
  • Style: 2 Flat
  • Status: Active
  • Parking Type Description: Detached 2 cars
  • Estimated Annual Taxes: $2,061
  • Year Built: 1920
  • Total Rooms: 14
  • New Construction: No
  • County: Cook

Features

Additional Rooms Sun/Florida Room
Age 91-100 Years
Appliances/Features Unit 1 Refrigerator, Stove
Appliances/Features Unit 2 Central Air Conditioner, Microwave, Stove
Area CHI - South Chicago
Basement Full
Basement Description Finished
Built Before 1978 (Y/N) Yes
Exterior Building Type Brick
Foundation Concrete
Garage On-Site Yes
Garage Ownership Owned
Garage Type Detached
General Information None
Heat/Fuel Gas
Lot Size Less Than .25 Acre
Other # Full Baths in Building - 2, # Full Baths-Unit 1 - 1, # Full Baths-Unit 2 - 1, # Half Baths in Building - 0, # Half Baths-Unit 1 - 0, # Half Baths-Unit 2 - 0, # Of Bdrms - Unit 1 - 3, # Of Bdrms - Unit 2 - 3, # Of Rooms - Unit 1 - 7, # Of Rooms - Unit 2 - 7, Bedrooms (Below Grade) - 0, Floor # - Unit 1 - 1, Floor # - Unit 2 - 2, Gross Expenses $ - 600, Gross Rental Income $ - 12000, Net Oper Income $ - 9000, Special Service Area - T, Tax Year - 2018, Total # Units in Building - 2, Total Full/Half Baths - 0, Township - South Chicago, Zoning Type - Multi
Ownership Fee Simple
Parking Garage
Possession Closing
Property Type Two to Four Units
Recent Rehab (Y/N) No
Roof Type Asphalt/Glass (Shingles)
Sale Terms Conventional, FHA, VA
Sewer Sewer-Public
Special Assessments U
Tax Exemptions None
Tenant Pays - Unit 1 Electric, Gas, Heat, Other
Tenant Pays - Unit 2 Other
Type-Multi 2 Flat
Virtual Tour None
Water Lake Michigan
Waterfront (Y/N) No

Rooms

Bedroom 2 xx
Bedroom 3 xx
Bedroom 4 xx
Dining Room xx
Family Room xx
Kitchen xx
Laundry Room xx
Living Room xx
Master Bedroom xx
Other xx
Other xx
Other xx
Other xx
Other xx
Other xx
Other xx
Other xx
Other xx
Other xx
Listing Courtesy of Delta Realty, Corp.