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Dream Town Realty

312.265.8000

MLS #11043377

9200 S Ellis Avenue , Chicago IL, 60619
Burnside Two to Four Units

Bed: 5 | Bath: 3 | Tax: 2750.90 | HOA: -

For Sale: $299,000

-87.6000258,41.7274475

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    **BUYER FINANCING FELL THROUGH**. 9200 S. Ellis is comprised of two (2) incredibly spacious 2bd/2ba and 2bd/1ba units boasting roughly 2,800 square feet of living space. 1st floor apartment is used as a duplex down or a bonus option to add in a completed 3rd basement unit. Both units have been renovated and equipped with updated kitchens and baths. Recent capital improvements to the building consist of, but not limited to: brand new hot water tank (2021), new fernace, and plumbing updates (2019). Additionally, there are in-unit laundry hook ups for washing and drying machines. Furthermore, there are (2) private garaged parking spots at the rear of the building which provide tenants an additional amenity. 9200 S. Ellis provides an investor with a unique opportunity to acquire a stabilized, 100% occupied, and strong cash flowing asset ($2,000.00 total per month in total rents) in Chicago's desirable pocket of Burnside. From day one, a new owner will capitalize on an incredibly strong, subsidized tenant base, and will realize an in place cap rate of 7.74% and a cash-on-cash return of over 31%.


    Features and Information

    Property Information

    • List Price: $299,000
    • Tax: $2,751
    • Square Feet: -
    • Market Time: 290
    • Status: Active
    • Type: Two to Four Units
    • Built: 1929
    • Garage Spaces: -
    • Dimensions: 4,061

    Property Location

    • Address: 9200 S Ellis Avenue
    • Unit: -
    • Unit Floor Level: -
    • City/State: Chicago
    • ZIP: 60619
    • MLS Area: CHI - Burnside
    • County: Cook
    • PIN #: 25023100160000

    Features

    • Heat: Gas,Forced Air
    • Air Conditioning: -
    • Appliances: -
    • Parking: Garage
    • Age: 91-100 Years
    • Exterior: Brick
    • Assessments Include: -

    Rooms

    • Total Rooms: 10
    • Bedrooms: 5
    • Master Bedroom: -
    • Bathrooms: 3
    • Master Bath: -

    Copyright 2020 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Map of 9200 S Ellis Avenue , Chicago IL, 60619

    Sales History For 9200 S Ellis Avenue

    Date Event Price
    Apr 19, 2019 Closed MRED #10280514 $46,000


    Learn More About Burnside

    Listed by Corvet Williams - RE/MAX 10 Realtors Source: MRED

    Properties Surrounding 9200 S Ellis Avenue

    Schools In The Burnside Area

    See grade levels, address, and scores for schools in the Burnside area.

    20 schools in area
    School Type Level Grade(s) Rating

    Bennett Elementary School

    10115 South Prairie Ave

    Public Preschool - Middle PK-8
    3

    Avalon Park Elementary School

    8045 South Kenwood Ave

    Public Preschool - Middle PK-8
    2

    Mann Elementary School

    8050 South Chappel Ave

    Public Preschool - Middle PK-8
    1

    Neil Elementary School

    8555 South Michigan Ave

    Public Preschool - Middle PK-8
    1

    Lenart Elementary Regional Gifted Center

    8101 South La Salle St

    Public Preschool - Middle PK-8
    10

    Resurrection Lutheran School

    9349 South Wentworth Avenue

    Private Preschool - Elementary PK-6
    NR

    Banner Academy South High School

    2330 East 99th Street

    Private High 9-12
    NR

    Milburn Alternative School

    321 East 84th St

    Public Middle - High 7-12
    NR

    Black Magnet Elementary School

    9101 South Euclid Ave

    Public Elementary - Middle K-8
    6

    Burnham Elementary Inclusive Academy

    9928 South Crandon Ave

    Public Preschool - Middle PK-8
    3

    Hoyne Elementary School

    8905 South Crandon Ave

    Public Elementary - Middle K-8
    5

    Hirsch Metropolitan High School

    7740 South Ingleside Ave

    Public High 9-12
    1

    St. John de la Salle School

    10212 S. Vernon

    Private Preschool - Middle PK-8
    NR

    Rescue Missionary Christian School

    7740 South Eberhhart (former St. Dorothy School)

    Private Preschool - Middle PK-8
    NR

    Shabazz International Chrtr Schls

    7823 South Ellis Ave

    Charter Elementary - High K-12
    NR

    Sanders Academy of Excellence

    115 15th S Prairie Ave

    Private Preschool - Middle PK-8
    NR

    Butler College Prep

    821 E. 103rd St.

    Charter High 9
    6

    John Amos George College Preparatory

    8736 South Blackstone Avenue

    Private Preschool - High PK-12
    NR

    Together In Love Academy

    10237 South State Street

    Private Preschool - Middle PK-8
    NR

    Greater Pleasant Valley College Preparatory

    910 East 83rd Street

    Private Preschool - High PK-12
    NR

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

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