Property Attributes
- MLS#12745090
- TypeCondos
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - South Shore
- NeighborhoodSouth Shore
- Zip60649
- StyleCondo
- Taxes$ 1344
- Price$ 90,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1500
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Excellent investment opportunity for investors seeking immediate rental income! This condo is currently in the process of being tenant occupied through the HUD Program which guarantees Market Value Rent, providing the investor with a reliable income stream from day one. The unit will generate $1,700 dollars per month in rental income. Stainless steel appliances will be installed in the kitchen enhancing the unit's appeal and value. Additional features include in-unit washer and dryer hookups, offering convenience for tenants and added marketability. With an existing tenant, guaranteed market-value rent, and desirable updates underway, this property offers a compelling opportunity for both new and experienced investors looking for a cash-flowing condo.
| Price History | |
|---|---|
| 8/28/2026 | Listed $90,000 |
General Features
| Living Area | 1500 |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas |
| Cooling | None |
| Possession | Closing |
| HOA Fee | 593 |
| Association Fee Includes | Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal |
| Construction Materials | Brick |
| Township | Hyde Park |
| Unit Number | 3 |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| Assoc Fee Paid Per | Monthly |
| County | Cook |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | None |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | Take I-94 south to 71st St. Continue and proceed south to 76th St. Turn left on 76th street and proceed east to property. |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - South Shore |
| Tax Annual Amount | 1344.83 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Attached Single |
| Sub Type | Condo |
| MRD_CAN_OWNER_RENT | Yes |
Interior Features
| Basement | None |
|---|---|
| Total Stories | 3 |
| Total Bedrooms | 2 |
| Room Type | No additional rooms |
| LivingAreaSource | Landlord/Tenant/Seller |
| Total Baths | 1 |
| Bedrooms Possible | 2 |
| Total Number of Units | 16 |
Exterior Features
| Water Source | Lake Michigan,Public |
|---|---|
| Lot Dimensions | 10868 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool