8623 South Manistee, Chicago IL 60617
- Units 2
- Total Beds 4
- Total Baths 2
- Taxes $1,547.40
- Payment Estimate View Mortgage Calculator
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Property Description
Unlock the possibilities in this versatile 2-flat property with a basement, perfect for investors or owner-occupants looking to add value. While it needs some TLC, the After-Repair Value (ARV) is estimated at $250K, making it a fantastic opportunity for future appreciation. With tenants recently vacated, this property is ready for upgrades to achieve maximum rental income. Includes a newer hot water tank, saving on immediate expenses. Don't miss your chance to turn this building into a high-yield investment! Schedule a viewing today!
Features & Information
Key Details
- List Price $165,000
- Property Taxes $1,547.40
- Price/ Sq. Ft. Unavailable
- Year Built 1903
- Parking Type None
- Status Active
Rooms
- Total Rooms 10
- Basement F
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
- Exterior Construction Frame
- Foundation Concrete
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 None
- Unit 2 None
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 87th St East To Manistee, North To Address
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1547.4
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 21313310090000
Utilities
- Sewer Sewer-Publ
Listed by Nikki Kimsey for Keller Williams Preferred Rlty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/1/2024 3:02 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 South Chicago
In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.
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