Bob Hilbert
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a separate A/C, furnaces, hot water heaters, and in-unit W/D ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. 2 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $2,777.00.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Select a Fee RE System
312-421-1000
MRED MLS
MLS ID: 12692973
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6730 S Merrill Avenue, Chicago, IL 60649.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $730,000 | $730,000 | $730,000 |
| Down Payment | $146,000 | $25,550 | $182,500 |
| Monthly Mortgage Amount | $3,548 | $4,355 | $4,510 |
| Taxes | $1016 | $1016 | $1016 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $321 | $0 |
| Monthly Estimated Total | $4,777 | $5,905 | $5,739 |
Bob Hilbert
REALTOR®
Cell: (563) 340-9593
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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