Michael Heesch
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Investor opportunity at 8012 S Marshfield! This legal brick 3-unit features classic Chicago architecture, distinctive front bay windows and solid value-add potential in a fast-moving multifamily market. The property has been fully cleaned out, giving the next owner a clearer path to begin renovations. The garage has also received extensive repairs and improvements. The basement offers additional upside, featuring 87-inch ceiling height with both front and rear egress already in place. Offered at $299,000, with a projected ARV of $530,000. Whether the strategy is to renovate and resell or reposition as a four-income-unit rental property, the spread is here. Bring your contractor, run your numbers and move quickly-well-priced brick multifamily opportunities are not sitting around waiting for committee approval. Sold as-is.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 3
County: Cook
Listed By:
Redefined Realty & Management
815-814-3287
MRED MLS
MLS ID: 12711608
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8012 S Marshfield Avenue , Chicago, IL 60620.
Mortgage Calculator
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $299,000 | $299,000 | $299,000 |
| Down Payment | $59,800 | $10,465 | $74,750 |
| Monthly Mortgage Amount | $1,492 | $1,808 | $1,862 |
| Taxes | $416 | $416 | $416 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $132 | $0 |
| Monthly Estimated Total | $2,008 | $2,456 | $2,378 |
Michael Heesch
REALTOR®
Cell: (563) 320-1477
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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