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9126 S Buffalo Avenue Chicago, IL 60617 Residential - Condominium (Bank Owned) - New

New - 2 Hours Ago
  • 9126 S Buffalo Avenue , Unit 1F, Chicago, IL 60617 Main Photo

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Description

This is a unique investment opportunity for a buyer with vision and experience. Much of the building is currently vacant, creating the potential for a long-term strategy of acquiring additional units within this 24-unit building as they become available. Located on Chicago's Southeast Side, this ground-level corner unit offers a functional floor plan with tremendous upside. The spacious living room opens to two rear bedrooms, while the generously sized kitchen provides plenty of room for customization and value-add improvements. The unit is in need of updates, making it an ideal project for an investor looking to renovate and add a cash-flowing rental to an expanding portfolio. With the possibility of acquiring additional units within the same building over time, this property presents a rare opportunity to establish a larger ownership position in a single asset. Don't miss the chance to unlock the potential this investment has to offer.

Property Highlights

Property Type: Residential - Condominium
Total Living Area SF: 700
School District: District 299
Brick Exterior

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 700
County: Cook
Listed By:
RE/MAX Premier 708-246-6300
MRED MLS

Room Information

Bedroom 2: 12X11
Kitchen: 12X10
Living Room: 15X12
Primary Bedroom: 12X12
$29,900
Est. $291/mo
2beds
1baths
700sqft
New to the Market (Bank Owned) - New
BEDS2 BATHS1 full SQUARE FEET700 MLS#12715999
STATUS(Bank Owned) - New PROPERTY TYPEResidential - Condominium SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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9126 S Buffalo Avenue , Unit 1F, Chicago, IL 60617.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $29,900$29,900$29,900
Down Payment $5,980$1,047$7,475
Monthly Mortgage Amount $149$181$186
Taxes $42$42$42
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$13$0
Monthly Estimated Total $291$336$328

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