$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/24/2021
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11060417
Sold Date 09/24/21
Year Built 1929
Tax Year 2020
Lot Dimensions 50X125
Property Sub-Type Multi Family 5+
Property Description
We are pleased to present 8041 S. Manistee an 8-unit multifamily property located in the South Chicago neighborhood of Chicago, IL. This property is located in a federal qualified opportunity zone and consists of (6) four-bedrooms, two bath units, (1) three-bedrooms, two-bath units and (1) one-bedroom, one bath unit. The property, built in 1930, has benefited from many capital improvements and is fully occupied. The South Chicago neighborhood has direct access to Lake Shore Drive. The Metra line is under construction and many other exciting developments. The subject property is 1.5 miles west of Chicago's Rainbow Beach and Eugene Sawyer Water Purification Plant. It is 11 miles from Chicago's central business district. This property gives an investor the opportunity to acquire a well-maintained asset and achieve above-average returns from day one. Please contact LA for offering memorandum with detailed financials.
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Sanitary Sewer, Water-Municipal
Building
Level or Stories 3
Structure Type Brick
Others
HOA Fee Include None
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Bought with Moses Hall • MoHall Commerical & Urban Development
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "