Chicago, IL 60617,9151 S Luella Avenue
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Chicago, IL 60617,9151 S Luella Avenue
Chicago, IL 60617,9151 S Luella Avenue
Chicago, IL 60617,9151 S Luella Avenue
Chicago, IL 60617,9151 S Luella Avenue

$159,000

Est. payment /mo

$159,000

Est.Price: ?

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9151 S Luella Avenue Chicago, IL 60617

5 Beds

SOLD DATE : 03/12/2024

Key Details

Sold Price $159,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11840153

Sold Date 03/12/24

Bedrooms 5

Year Built 1892

Annual Tax Amount $1,765

Tax Year 2021

Lot Dimensions 25 X125

Property Description

Welcome to an incredible renovation and investment opportunity in highly sought after Calumet Heights! This two-unit property holds tremendous potential for both investors and owner occupants looking to maximize their returns. The first floor offers a cozy 2-bedroom, 1-bath layout, while the second floor boasts a spacious 3-bedroom, 1-bath configuration. Imagine the possibilities of duplexing down the first floor to create an even more expansive living space or utilizing a dormer in the attic space and duplexing up the second floor! This rare gem presents the perfect chance for house hacking, where you can live in one unit and rent out the other, effectively reducing your living expenses and building equity simultaneously. For investors, this property promises fantastic rental income potential in any market. Whether you're a seasoned investor or just starting your real estate journey, renovation financing, hard money and cash are welcome, making it easier to transform this property into your dream income-generating asset. Don't miss this golden opportunity to enter the real estate market or expand your investment portfolio. Embrace the benefits of owning in this desirable location and experience the rewards of smart investing. Act now and unlock the full potential of this Calumet Heights gem!

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.0

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Listed by Naja Morris • @properties Christie's International Real Estate
Bought with Terrence Galloway • Signature Real Estate Services

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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