6944 South Carpenter, Chicago IL 60621
$380,000

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Property Description

Discover this well-maintained 2-flat apartment building nestled in the vibrant Englewood neighborhood of Chicago. With one spacious 4-bedroom apartment and a comfortable 3-bedroom apartment, this property offers flexibility for various living arrangements or investment strategies. Its good condition, combined with room for value add, makes it an excellent candidate for a 203k loan and rehab, perfect for those looking to enhance its potential. First Apartment Bedrooms: 4 Bathrooms: 1 Features: Bright and open living area with ample natural light Functional kitchen with plenty of storage space Generously sized bedrooms, each with ample closet space Well-maintained bathroom with modern fixtures In-unit laundry potential for added convenience Second Apartment Bedrooms: 3 Bathrooms: 1 Features: Cozy living room with a welcoming atmosphere Efficient kitchen layout with updated appliances Comfortable bedrooms ideal for families or roommates Modern bathroom with contemporary finishes Potential for in-unit laundry Property Highlights Condition: This property is in good condition and ready for immediate occupancy, yet it still offers opportunities for value add through renovations or upgrades. Location: Situated in Englewood, this building is close to public transportation, schools, parks, and local amenities. The area is undergoing revitalization, making it an attractive location for investment. Short-Term Rental Potential: Both units are suitable for short-term rentals, offering flexibility for generating income through platforms like Air-BNB. Investment Opportunity: Ideal for investors looking to leverage a 203k loan for rehab, this property offers significant potential for increasing its value and maximizing rental income. Investment Potential This 2-flat building is an excellent choice for investors or homeowners looking to capitalize on the growing Englewood area. With room for enhancements and the ability to generate substantial rental income, this property represents a sound investment. Schedule a Viewing Don't miss out on this fantastic opportunity. Contact us today to schedule a private viewing and see the potential this property holds.

Features & Information

Key Details

  • List Price $380,000
  • Property Taxes $1,950
  • Price/ Sq. Ft. Unavailable
  • Year Built 1909
  • Parking Type Space/s
  • Buyer's Agent Commission 2%
  • Status Active

Rooms

  • Total Rooms 11
  • Basement P

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  1

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling None
  • Units

  • Unit 1 Stove, Refrigerator, Microwave, Oven/Built-in
  • Unit 2 Stove, Refrigerator, Microwave, Oven/Built-in

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property Heading West On Marquette Turn Left On Carpenter To 69th St.
  • Schools

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

  • Tax 1950
  • Tax Year 2022
  • Parcel Identification Number 20204180400000

Utilities

  • Sewer Unknown

Listed by Vincent Ewing for Keller Williams ONEChicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 7/23/2024 12:02 AM. 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 Englewood

Englewood has seen its share of both good fortune and hard luck over the years. Englewood Station was once a stop on the premier New York Central Railroad Line, and had one of the hottest shopping districts in the city. Unfortunately it suffered when many of the once-prominent industries, such as the railroad, left the community. Lately, though, there is a resurgence of interest in Englewood, as developers realize some of the hidden assets of the area, including convenient access to public transportation and expressways, loads of public parkland, and affordable housing. Not to mention free music concerts and outdoor films in the neighborhood's parks during the warm weather months.

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