The StopulosTeam
Description
Welcome to 7924 S Peoria St, a fantastic 3 unit building situated in a vibrant neighborhood just minutes from downtown Chicago and public transportation. This well maintained property is perfect for both homeowners and savvy investors looking to capitalize on the thriving rental market. Unit 1 is currently vacant, offering a blank canvas for new owners or tenants to personalize their space. This unit features beautiful hardwood floors throughout and stainless steel kitchen appliances, enhancing the warm and inviting atmosphere. Unit 2 is Occupied by a reliable tenant with a lease that extends until July 2026, providing steady rental income. This unit also has hardwood floors and stainless steel kitchen appliances. What makes this unit unique is that it has a den area that's perfect for an office space, along with access to a walk-out balcony, ideal for relaxing with a morning cup of coffee or enjoying evening sunsets. The basement Unit is occupied by a tenant on a month-to-month lease, allowing for flexibility if you choose to move in or make adjustments to the rental strategy. Each unit is equipped with its own washer and dryer, adding convenience for tenants while keeping utility expenses manageable-tenants are responsible for their own gas and electric bills. Outside, the spacious backyard offers plenty of room for small gatherings and enjoyment, allowing tenants a great outdoor space to unwind. The property's 3 car garage provides each tenant with a designated parking spot, ensuring comfort and convenience. This property is an exceptional investment opportunity with strong rental potential on well desired block. Don't miss your chance to own a piece of Chicago real estate that combines practicality with desirable features!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 7
Bathrooms: 3
County: Cook
Listed By:
Coldwell Banker Realty
708-424-4000
MRED MLS
MLS ID: 12553740
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7924 S Peoria Street, Chicago, IL 60620.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $489,900 | $489,900 | $489,900 |
| Down Payment | $97,980 | $17,147 | $122,475 |
| Monthly Mortgage Amount | $2,287 | $2,807 | $2,978 |
| Taxes | $682 | $682 | $682 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $215 | $0 |
| Monthly Estimated Total | $3,112 | $3,847 | $3,803 |
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