2856 S Emerald Avenue, Chicago IL 60616

2856 S Emerald Avenue, Chicago IL 60616
$250,000

Units 2
Total Beds 5
Total Baths 2
Taxes $4,492.83
Payment Estimate View Mortgage Calculator

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Property Description

**Best and Final deadline to submit offers is Sunday 12pm. **Presenting a rare investment opportunity in the thriving Bridgeport area: a legally zoned multi-unit property poised for development. Currently structured as a two-flat, this offering is sold "as is" and represents an outstanding prospect for new construction given the age and condition of the existing building. The front unit, generating a steady income of $1,000 per month on a month-to-month lease, is complemented by a vacant rear unit, ready for your vision and transformation. Situated on a desirable block brimming with potential, this property invites the astute investor to capitalize on the dynamic local real estate market. With its competitive pricing, this opportunity is not to be missed. Act swiftly to harness the possibilities of this prime development site. Your strategic investment awaits. All remaining contents will stay.

Features & Information

Key Details

List Price $250,000
Property Taxes $4,492.83
Price/ Sq. Ft. Unavailable
Year Built 1885
Parking Type Space/s
Buyer's Agent Commission 1.75%
Status Contingent

Rooms

Total Rooms 12
Basement F

Exterior Features

Parking
Parking Details Space/s
# of Cars:  2

Building Information

Number of Units 2
Age of Building 100+ Years
Exterior Construction Vinyl Siding,Brick
Heating & Cooling Gas, Forced Air, Radiant, 2+ Sep Heating Systems

Units
Unit 1 Stove, Refrigerator
Unit 2 Stove, Refrigerator

Location

County Cook
Township South Chicago
Corporate Limits Chicago
Directions to Property Take Halsted East On 28th St South To Emerald Right To Property

Schools
Elementary School District 299
Junior High District 299
High School District: 299

Property Taxes
Tax 4492.83
Tax Year 2022
Tax Exemptions Homeowner,Senior
Parcel Identification Number 17283090400000

Utilities

Sewer Sewer-Publ

Listed by Cucci Realty

Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/19/2024 1:32 PM. 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.

Explore Bridgeport

Age-old beauty and a rich history give Bridgeport an edge over many Chicago neighborhoods. Built on the backs of Irish, German, and Norwegian immigrants, Bridgeport is a stronghold of elegant working-class culture. Welcoming an even more diverse mix of residents today, the shopping, dining and culture here overflow with options for amazing international cuisine, independent boutiques and global festivals. And who could forget, Bridgeport is where the 2005 World Champion Chicago White Sox play their home games. (So don't expect to see many Cubs fans around these parts!) Any time the Sox hit a home run, fireworks shoot out from the stadium as the roar of the crowd serenades the colorful display.

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