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6923 S Sangamon Street Chicago, IL 60621 Multi Unit - Multiple New

New - 40 Hours Ago
  • 6923 S Sangamon Street , Chicago, IL 60621 Main Photo

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Description

Excellent investment opportunity! Well-maintained 4-unit building featuring four 2-bedroom, 1-bath units on a quiet residential block. Three units are currently occupied, including two Section 8 tenants and one market-rate tenant, providing immediate cash flow. One vacant unit offers the perfect opportunity for an owner-occupant or additional rental income. The occupied units include a stove and refrigerator. Prior to closing, the vacant unit will be equipped with a stove, refrigerator, dishwasher, and microwave. Major updates include two brand-new boilers installed within the last year. The roof and exterior have been consistently maintained by ownership. Owner currently pays heat, hot water, water, and trash, while tenants are responsible for cooking gas and electricity. Strong income-producing property with stable tenancy and room for additional upside. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the others, this property is a must-see!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Cook
Listed By:
Keller Williams Preferred Rlty 708-798-1111
MRED MLS
$440,000
Est. $2,907/mo
8beds
4baths
New to the Market New
BEDS8 BATHS4 full MLS#12703892
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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6923 S Sangamon Street , Chicago, IL 60621.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $440,000$440,000$440,000
Down Payment $88,000$15,400$110,000
Monthly Mortgage Amount $2,167$2,660$2,718
Taxes $612$612$612
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$194$0
Monthly Estimated Total $2,907$3,594$3,458

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