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2848 E 79th Street Chicago, IL 60649 Multi Unit - Multiple New

New - 10 Hours Ago
  • 2848 E 79th Street , Chicago, IL 60649 Main Photo

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Description

Opportunity awaits in the heart of South Shore! This unique property began life as a single-family home and was converted into a two-flat many years ago, offering flexibility for investors, renovators, or owner-occupants with vision. In need of some tender loving care, this property is ready for its next chapter. The first-floor unit features 1 bedroom and 1 bathroom, while the second-floor unit offers 2 bedrooms and 1 bathroom, for a total of 3 bedrooms and 2 full baths. Whether you're looking to restore the home to its original single-family layout or maintain it as a two-unit income-producing property, the possibilities are plentiful. Ideally located, convenient access to public transportation and downtown Chicago. Nearby attractions include Museum of Science and Industry, Jackson Park, and the scenic shores of Lake Michigan. Bring your ideas, your contractor, and your vision to unlock the full potential of this versatile property! Whether you're creating your dream home or building long-term equity through rental income, this is an opportunity you won't want to miss.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 3
Bathrooms: 2
County: Cook
Listed By:
RE/MAX Premier 312-475-1717
MRED MLS
$125,000
Est. $882/mo
3beds
2baths
New to the Market New
BEDS3 BATHS2 full MLS#12698399
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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2848 E 79th Street , Chicago, IL 60649.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $125,000$125,000$125,000
Down Payment $25,000$4,375$31,250
Monthly Mortgage Amount $608$746$772
Taxes $174$174$174
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$55$0
Monthly Estimated Total $882$1,075$1,046

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