Multi-Family $ 184,900

7625 S Sangamon Street

Chicago, IL 60620

  • 8 Beds
  • 1910 Year Built
Attention investors, flippers, and owner-occupants! Here's your chance to acquire a solid two-flat with a duplexed first-floor unit and build instant equity. The spacious first-floor duplex offers five bedrooms and two full baths, remodeled about ten years ago. Unit upstairs is a 3 bedroom 1 bath. The property needs some repairs, TLC and cosmetic updates, but many big-ticket items have already been completed about 10 years ago including updated electric and copper plumbing, vinyl double-hung windows, glass block basement windows, separate utilities, and gas-forced air (GFA) furnaces with central AC meaning each unit has its own heating and cooling systems, ideal for separate tenant utility payments. Additional features include a rear porch built to code, security bars throughout, and recent complete tuckpointing. Property has a designated common area laundry room set up. Perfect for a rehab loan or value-add project, this property offers endless potential -live in one unit while you renovate the other or flip it for profit. Located in the up-and-coming Auburn Gresham neighborhood, one of Chicago's INVEST South/West priority communities, and near the 79th Street Corridor Plan, this area is seeing major investment and redevelopment with new mixed-use and retail projects on the rise. Don't miss this chance to invest in a growing community and unlock this property's full potential!
Listed by Joanna Lewkowicz of Boutique Home Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Two to Four Units

    Listing Status Active Under Contract

    Purchase Type For Sale

    MLS Listing ID 12507895

    Bedrooms 8

    Year Built 1910

    Annual Tax Amount $3,616

    Tax Year 2024

    Lot Dimensions 32 X 124

    Property Sub-Type Two to Four Units

  • Location

    State IL

    County Cook

    Community Sidewalks, Street Lights

    Zoning MULTI

  • Rooms

    Basement Finished, Full

  • Building

    Sewer Public Sewer

    Water Lake Michigan, Public

    Structure Type Brick

    New Construction false

  • Interior

    Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

    Fireplace N

  • Exterior

    View Y/N true

  • Schools

    School District 299, 299, 299

  • Others

    Ownership Fee Simple

    Special Listing Condition None

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CONTACT

Joanna Lewkowicz
Joanna Lewkowicz

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