Property Address: 5032 S Prairie Ave, Chicago, IL 60615 Asking Price: $139,900 ARV: $250,000 Type: 2 Units Brick Multi-Family with full basement - First Floor - 3 bed - 1 bath $1200
- Second Floor - 3 bed - 1 bath $1200
- Basement - Open floor
Lot Size: 24 x 161 ft Check out this Cash Flowing brick 2 units with high equity in Chicago, IL. Fully occupied with $2,400 in rent monthly. Don't let this deal get out of your hands. There are only 4 available properties on the market within half mile radius and this is the best out of the 4. This property is priced to sell, with ARV over $200,000 and there is enough equity to rehab, 100% refinance and hold this deal and still cash flow. Drive by without disturbing tenants, or call/email to schedule a full walk through. Sold comps are within .5 miles from the subject property and have been sold within the last 12 months. Here are some 2 Units Comps: - 4743 S Wabash Ave , Chicago, IL 60615 - Sold on 12/2015 for $320K
- 4823 S Calumet Ave , Chicago, IL 60615 - Sold on 05/2016 for $196K
Here are some 3 Units Comps: - 5431 S Indiana Ave , Chicago, IL 60615 - Sold on 08/2015 for $265K
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