Price Reduction
Address
7139 S King Drive, Chicago, IL
Price
$ 270,000
Property Attributes
- MLS#12021295
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Greater Grand Crossing
- NeighborhoodGrand Crossing
- Zip60619
- Style
- Year Built1914
- Taxes$ 3496
- Price$ 270,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Wow! Jumbo, extra wide, 2 flat on historic King Drive. Seller will 3% closing credit! Inquire about a mortgage program with a discounted interest rate. 1st floor is rented for $1416 and the 2nd floor is VACANT and move in ready. The 1st floor is a HUGE DUPLEX DOWN with 4 bedrooms and 2 full bathrooms. The 2nd floor has been recently rehabbed! It has 3 very large bedrooms and 1 full bathroom - new flooring, freshly painted, 6 new windows, newer high efficiency furnace, newer appliances, bright and sunny - vacant and move in ready! The units have separate utilities, the 1st and 2nd floor have central air and heat with their own furnaces. There are also three water tanks (two are newer - 5 and 7 years old; one is 18 years old). The roof is 10 years old (silver coated); tuck pointing was done and new sump pump with a battery backup was installed 12 years ago. 1st floor unit is rented MTM for $1416, but could likely get more. Solid back porch and stairs that lead to a huge back yard - plenty of space to park cars and option to build a garage to increase rents. Very well maintained building with responsible landlord who took great care of the building. Come see for yourself!
| Elementary School |
|---|
| Park Manor Elementary School |
| Price History | |
|---|---|
| 4/4/2024 | Listed $295,000 |
| 4/18/2024 | 4% - $285,000 |
| 5/9/2024 | 6% - $270,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Sep Heating Systems - 2+ |
| Possession | Closing,Tenant's Rights |
| Year Built | 1914 |
| Township | Hyde Park |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 17 |
| Status | Active |
| Directions | 71ST TO KING DRIVE SOUTH TO ADDRESS |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Greater Grand Crossing |
| Waterfront Y/N | No |
| Street Name | King |
| Elementary School | Park Manor Elementary School |
| Tax Annual Amount | 3496.61 |
| Electric Expense | 168 |
| Water Sewer Expense | 1020 |
| Virtual Tour | https://urldefense.proofpoint.com/v2/url?u=https-3A__my.matterport.com_show_-3Fm-3DA4747rsUtTe-26brand-3D0-26mls-3D1-26&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=AyW4teixeeFTrkmeysdbJp |
| Days on Market | 42 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full,Walkout |
|---|---|
| Street Suffix | Drive |
| Total Bedrooms | 7 |
| Total Baths | 3 |
| Bedrooms Possible | 7 |
| Basement | Finished,Exterior Access |
| Full Baths Building | 3 |
| Total Number of Units | 2 |
Exterior Features
| Parking Features | Off Alley |
|---|---|
| Water Source | Public |
| Total Parking | 3 |
| Lot Dimensions | 25X123 |
| Other Equipment | CO Detectors,Sump Pump,Water Heater-Gas |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60619
Price
Taxes
Visits
Year Built
