9942 S Vincennes Avenue, Chicago IL 60643
$120,000

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Property Description

Attention Investors & Savvy Owner Occupants! Discover the potential of 9442 S Vincennes, a sprawling 2-flat offering an impressive 7 bedrooms and 3 bathrooms.Situated on a generous 4,356 square foot lot with the bonus of 2 separate pins, this property presents a rare investment opportunity. Each spacious unit within this apartment is complemented by forced air heating and central air for year-round comfort. The first-floor unit, requiring some TLC, features an expansive layout with 5 bedrooms, 1.5 bath, and dedicated living, dining, kitchen and in-unit laundry. The current tenant is transitioning out, paving the way for a seamless update. The second-floor unit exudes charm and meticulous care, offering 2 beds, 2 baths, additional flex space and in-unit laundry. Creative use of the living area as a bedroom and a bedroom as an extensive walk-in closet. Investors will appreciate the extensive improvements made in 2016, including a gut rehab with updates to all major mechanicals. Notable enhancements include a newer furnace (#1-2016 / #2 unknown), AC units (2016 & 2023), and water heaters (2016 & 2023), ensuring low maintenance costs. The property boasts new roofing on both the pitched and flat areas (2022), some new windows (2016), tuckpointing (2018) and a freshly rebuilt Catch Basin (2022); The large, unfinished basement with overhead sewer and newer sump pump (2022) adds potential for further expansion with interior access from Unit 1. Plus, the oversized garage provides ample storage or parking for three cars. Sold AS-IS, with the exclusion of the 2nd-floor tenant's washer and dryer. This property may not be suitable for FHA or VA financing - Buyers & Agents should do their due diligence. With its significant lot size and thoughtful updates this can be a great addition to any portfolio - bring your vision to maximize its profitability. 72 Hours notice required. DO NOT DISTURB TENANTS!!

Listed by Nancy Huetteman for Redfin Corporation | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $120,000
  • Property Taxes $2,326.58
  • Price/ Sq. Ft. Unavailable
  • Year Built 1874
  • Parking Type None
  • Buyer's Agent Commission 2.5%
  • Status Pending

Rooms

  • Total Rooms 11
  • Basement F

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Vinyl Siding,Brick
  • Foundation Concrete
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property 95th Street To Vincennes Av, South To Property.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2326.58
  • Tax Year 2022
  • Tax Exemptions Homeowner
  • Parcel Identification Number 25083040470000

Utilities

  • Sewer Overhead S

Explore Longwood Manor

Small in acreage but big on character, Longwood Manor is home to some of the most historic houses on Chicago's south side. Like its neighboring communities of Brainerd and Washington Heights, Longwood Manor built an identity based on working-class traditions tied to the once-thriving railroad industry and an immigrant past that still defines much of the area's legacy to this day. Community parks and recreation facilities provide residents with ample room for exercise, play, sports and amusement. In addition to housing the usual tennis courts and baseball fields, the parks in Longwood Manor host free live music concerts and movie screenings. The rest of the neighborhood encompasses long blocks of classic Chicago bungalows and a few rib houses and seafood shacks for the best in southern-style cooking.

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