6
See all 6 photos
$327,500
Est. payment /mo
6 BD
4 BA
New
8205 S Houston AVE Chicago, IL 60617
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UPDATED:
02/24/2025 07:35 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12297361
Bedrooms 6
Year Built 1895
Annual Tax Amount $1,051
Tax Year 2022
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Attention First-Time Buyers & Savvy Investors! Here's your chance to own a 4-unit property that practically pays for itself! Imagine living in your newly rehabbed 2-bedroom unit while collecting rental income from the other three fully-occupied units, currently generating $3,400 per month. Your mortgage could be covered from day one, allowing you to enjoy the benefits of homeownership AND investment simultaneously! Located in a rapidly growing area, this property is just minutes from the beach, the prestigious Tiger Woods Golf Course, and the highly anticipated Obama Presidential Center, making it a prime location for long-term value appreciation. Whether you're looking to live in one unit and earn rental income, or take your first step into real estate investing, this property offers endless possibilities. The first-floor unit has just been updated and is ready for its new owner. With the remaining units fully rented and providing steady cash flow, this is the perfect opportunity to start building wealth in a high-demand neighborhood. Don't wait - this opportunity won't last long! Schedule your viewing today and take the first step toward securing your future with this cash-flowing investment!
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Sweeney • Baird & Warner