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8047 S Justine Street Chicago, IL 60620 Multi Unit - Multiple New

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  • 8047 S Justine Street , Chicago, IL 60620 Main Photo

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Description

Income-producing legal 2-unit brick building with finished basement. Currently leased with combined rents of $2,950/month. Each level offers a 2-bedroom, 1-bath layout, providing three separate living spaces in total. Rehabbed in 2023, recent updates include: a 75-gallon capacity water heater (2026), newer laminate flooring, windows, and doors. This money-maker is ideal for investors seeking steady cash flow or an owner-occupant looking to house hack and potentially still keep some of their rental income. With a well-maintained brick exterior, functional layouts, and recent mechanical and cosmetic improvements, this one is a no-brainer.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 3
County: Cook
High School: Hirsch Metropolitan High School
Listed By:
Keller Williams Infinity 630-778-5800
MRED MLS
$300,000
Est. $1,919/mo
6beds
3baths
2cars
New to the Market New
BEDS6 BATHS3 full MLS#12583088
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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8047 S Justine Street , Chicago, IL 60620.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,401$1,719$1,824
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $1,919$2,369$2,342

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