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About This Home

This 9-bedroom, 3-bathroom residential multi family at 1607 S Sawyer Avenue in Chicago, IL is listed for $355,000. on a N/A lot.

Agent Description

One of few remaining prime real estate opportunities in close proximity to Chicago downtown and across of the street from Douglas Park, with all amenities and transportation options steps away in a rapidly appreciating area. !607 & 1609 Sawyer are timeless Greystones that feature a total of (18) bedrooms, (6) baths combinate with over 1500+ sq ft of living space or storage.

New owner of 1607 S. Sawyer has option to purchase adjusted double lot on 16th street at FMV (confirmed with City of Chicago) for additional opportunities. Both buildings are fully tenants occupied with rents currently below market value but can be adjusted after light cosmetic rehab at buyer's discretion.

Each unit contains their own dedicated HVAC, water heather and electrical panels condo style. Buildings are priced on recent sold/contingent comps in the area. Buyer would need to purchase property subject to existing tenants. Seller will entertain offers for each building individually but would prefer both buildings be sold as a package deal potential further savings to buyer and a quick closing is preferred.

Property Details

3 full

Monthly Cost Estimate

$1,899/mo

20% down · 6.5% · 30 years

Principal$257
Interest$1,538
Insurance$104

Estimates only. Actual payments may vary.

Location

1607 S Sawyer Avenue

Chicago, IL 60623

Property Details

Construction

Brick

Heating

Natural GasForced Air

Questions & Answers

This 9-bedroom, 3-bathroom residential multi family at 1607 S Sawyer Avenue is listed at $355,000. The estimated monthly payment is $1,538 based on 20% down at 6.5% interest.

This property is listed by Barbara Kieca and can be reached at (773) 625-1121 or kiecabarbara@yahoo.com.

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BK

Barbara Kieca

Agent at Hometown Real Estate

(773) 625-1121

Listed by Hometown Real Estate

MLS# 12617108· Source: listhub· Updated 2 days ago

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1607 S Sawyer Avenue, Chicago, IL 60623

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