7336 South University Avenue, Chicago

$159,000

4 Beds
2 Baths
1,680 Sqft
.07 Acres
2 Garages

This is a Newer Built home for less than rent! Features 3 bedrooms 2 Full Baths & Full Finished Basement with 2 bonus Rooms! Large bedrooms, brand new 2 car garage! Extended Deck! Owner Occupants can pay less than rent & buy this newer constructed home! $30 Million dollar community center blocks away! Over 86 million invested in the neighborhood, in schools & the community! This is a steal!!! Sellers are motivated. Currently tenant occupied since July of 2016. Rent is $1489/mo and tenant is month to month. Can easily buy, hold, rent, and once tenant leaves, cosmetically upgrade for less than $10K and sell for a $30k to $40K profit. Perfect game plan for a low risk investor. This is a buy, hold, then flip property. Ideal for someone who is open to a unique investment strategy. I love this idea, guaranteed CHA rental income in place, newer built home so bones are great, just need tlc once tenant leaves. Owner willing to serve 30 day notice upon contract request. Don't miss out on this great investment opportunity. Last comparable home sold for $197,500, so cash flow and pay bills then cash in on $50K in equity once you are done cash flowing!!!! Great buy!!!

Essential Information
MLS® #10584261
Price$159,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,680
Acres0.07
Year Built2008
TypeResidential
Sub-TypeDetached Single
StatusActive
Community Information
Address7336 South University Avenue
AreaCHI - Greater Grand Crossing
CityChicago
CountyCook
StateIL
Zip Code60619
Amenities
Parking Spaces2
# of Garages2
Interior
HeatingForced Air
CoolingCentral Air
Stories2 Stories
Has BasementYes
BasementFinished
Exterior
ExteriorBrick, Frame
Listing Details
OfficeDream Spots Leasing Inc
Property History
Status Changed from New to Active
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Listing information last updated on January 22nd, 2020 at 3:05am CST.