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Listed by Skyler Lemonsof EXIT Strategy Realty
$ 259,000
Est. payment /mo
Price Dropped by $50K
8008 S Loomis Boulevard Chicago, IL 60620
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12501964
Bedrooms 4
Year Built 1921
Annual Tax Amount $3,098
Tax Year 2023
Lot Dimensions 4000
Property Sub-Type Two to Four Units
Property Description
MASSIVE PRICE REDUCTION! Brick two-flat offering significant value for buyers willing to make updates. Both units include 2 bedrooms, 1 bathroom, and a den/enclosed porch. Window A/C units will remain with the property. Laundry area located in the basement. Building features updated electrical wiring and three new circuit breakers. Boiler replacement and additional interior updates are needed, and the property is priced to accommodate. Ideal for an owner-occupant looking to build equity or an investor seeking a value-add opportunity. Located near public transportation, parks, and neighborhood amenities. Strong potential for long-term appreciation and rental demand once improvements are completed. Short sale subject to lender approval!
Location
State IL
County Cook
Community Sidewalks, Street Paved
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Flat
Building
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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