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About This Home

This 8-bedroom, 4-bathroom residential multi family at 6923 S Sangamon Street in Chicago, IL is listed for $450,000. Built in 1911, on a N/A lot.

Agent Description

Excellent investment opportunity! Well-maintained 4-unit building featuring four 2-bedroom, 1-bath units on a quiet residential block. Three units are currently occupied, including two Section 8 tenants and one market-rate tenant, providing immediate cash flow.

One vacant unit offers the perfect opportunity for an owner-occupant or additional rental income. The occupied units include a stove and refrigerator. Prior to closing, the vacant unit will be equipped with a stove, refrigerator, dishwasher, and microwave.

Major updates include two brand-new boilers installed within the last year. The roof and exterior have been consistently maintained by ownership. Owner currently pays heat, hot water, water, and trash, while tenants are responsible for cooking gas and electricity. Strong income-producing property with stable tenancy and room for additional upside. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the others, this property is a must-see!

Key Features

  • Built in 1911

Property Details

4 full
1911

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

6923 S Sangamon Street

Chicago, IL 60621

Property Details

Construction

Brick

Heating

Natural Gas

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 6923 S Sangamon Street is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1911.

This property is listed by Frank Montro and can be reached at (708) 798-1111 or offers@frankmontrohomes.com.

FM

Frank Montro

Agent at Keller Williams Preferred Rlty

(708) 798-1111

Listed by Keller Williams Preferred Rlty · View on Broker Site

MLS# 12657811· Source: listhub· Updated 29 days ago

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6923 S Sangamon Street, Chicago, IL 60621

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