$124,900
8352 S Phillips Avenue
Chicago, IL, 60617
Attention investors looking for their next single family home acquisition. Tons of value-add opportunity here as a long term rental or flip. Currently rented below market at $1382 per month to a long-term tenant. Property could use approximately $5,000 to $10,000 in miscellaneous improvements as a rental now and will need a full rehab to use a fix and flip exit strategy. ARV around $275,000 for a full rehab. Property to be sold as-is. Lot and room sizes estimated.
Property Details
Price:
$124,900
MLS #:
MRD12077857
Status:
Active Under Contract
Beds:
4
Baths:
2
Address:
8352 S Phillips Avenue
Type:
Single Family
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Jun 7, 2024
State:
IL
Finished Sq Ft:
1,104
ZIP:
60617
Year Built:
1920
Schools
School District:
299
Interior
Bathrooms
2 Full Bathrooms
Cooling
None
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Financial
HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2022
Taxes
$2,263
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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