Chicago, IL 60628,703 W 116th ST
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Chicago, IL 60628,703 W 116th ST
Chicago, IL 60628,703 W 116th ST
Chicago, IL 60628,703 W 116th ST
Chicago, IL 60628,703 W 116th ST
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$ 159,000
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Price Dropped by $20K

703 W 116th ST Chicago, IL 60628

3 Beds

1 Bath

999 SqFt


UPDATED:

12/22/2024 06:07 AM

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $159

MLS Listing ID 12221659

Bedrooms 3

Full Baths 1

Year Built 1960

Annual Tax Amount $1,374

Tax Year 2023

Lot Dimensions 154X33

Property Description

This all-brick, 3-bedroom, 1-bathroom residence in historic West Pullman offers landlords a prime opportunity to generate rental income. With long-term tenants in place since 2016, paying $1,300 in monthly rent, this property provides a stable source of revenue. The main floor features three generously sized bedrooms and a full bathroom, while the partially finished basement includes a laundry room and space to add additional rooms or bathroom. The exterior's all-brick construction and backyard parking pad are notable features. Hardwood flooring and newer windows are additional highlights. While some routine maintenance is necessary, the tenants wish to remain, and the property's proximity to Halsted Street's restaurants and shops adds to its appeal. Annual taxes are $1,374.77.

Location

State IL

County Cook

Area Chi - West Pullman

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling None

Fireplace N

Building

Dwelling Type Detached Single

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition Pre-Foreclosure


Midwest Real Estate Data (MRED) IDX
Listed by Mallory Thomas • Coldwell Banker Realty

Jose Medina

Real Estate Broker & Owner | License ID: 475.204234

+1(630) 814-9564

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703 W 116th ST