Residential Income for Sale: 720 N Elizabeth, Chicago, IL 60642

5 beds
$509,000
$509,000
720 N Elizabeth, Chicago, IL 60642
5 beds
$509,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$509,000
$30,000 - 09/24/2024

Type Residential Income
Beds 5
Year Built 1888

City Chicago
County Cook
School District 299

MLS 12117388
Status Active Under Contract
[ATTENTION-Experienced-INVESTORS-Only] - Motivated Seller....This project will need a full set of architectural plans and permits with the City of Chicago.....Incredible opportunity in the HOT West Town Area to add instant equity. .....Legal 3-units RS-3 with 2-Flat in front and Coach house in the rear. Coach house needs a COMPLETE rehab, architectural plans, and Permits....Currently boarded up.....Experienced Rehabbers or Remodelers needed...Coach House can be EXPANDED to a huge single family style residence. Building in need of MAJOR TLC. "AS-IS WHERE-IS" Renovations going on all around the area. Front 2-units have been rehabbed on the inside and currently tenant occupied month-to-month...... Waiting for NEW owners to add additional ideas to the exterior of the building as well as the Coach house. Coach House is currently boarded up and READY for your ideas. Both Units are way under market rent - 1st floor unit 1,500 a month and 2nd floor unit 2,000 a month.....Tenants Flexible to stay or leave - make money while you finish rehabbing the building. Great Neighborhood w/restuarants, shopping, schools and Eckart park just steps away....It's right off the blue line, x-ways & bus stops. Minutes from the loop, River North, Wicker Park & Bucktown. This amazing opportunity will NOT last...Schedule an appointment to see the building today... AGENT OWNED

Room Features

Basement Description Unfinished, Crawl

Lot & Building Features

Heating Natural Gas
Parking Description None
Sewer Public Sewer
Tax Year 2022
Water Lake Michigan
Lot Dimensions 23X100 ft

Community and Schools

Elementary School 299

Price History of 720 Elizabeth, Chicago, IL

Date Name Price Difference
09/24/2024 Price Adjustment $509,000 5.57%
08/12/2024 Price Adjustment $539,000 8.63%
12/31/1969 Listing Price $589,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Natalie Williams
Direct: 773-213-9693
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by HomeSmart Connect LLC, Joseph Harris
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

720 Elizabeth (MLS #12117388) is a residential income listing located in Chicago, IL. This property was listed on 07/22/2024 and has been priced for sale at $509,000.

Nearby zip codes are 60042, 60607, 60612, 60622 and 60654.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: HomeSmart Connect LLC