Veterans United Realty
25 Photos

4837 S Forrestville Avenue 1, Chicago, IL 60615

$229,000 Asking Price

2 beds
2 baths
1,600  sqft

UNMISSABLE INVESTMENT OPPORTUNITY! This captivating, investor-friendly condo is a true gem! Located on a beautiful tree-lined block in one of Chicago's hottest and most prime neighborhoods, this property offers over 1500 sqft of living space. The 2 bed/2 full bath condo includes sizable bedrooms plus a bonus den. Notable features include a modernized kitchen with stainless steel appliances, original hardwood floors throughout, recessed lighting, and a wood-burning fireplace. The spacious living and dining room combo adds to its charm. Perfect for investors seeking instant cash flow or owner-occupying buyers ready to add their finishing touches, this property is a rare find. Additional highlights include central A/C, a master suite with a full master bathroom and an assigned parking space. Currently occupied by month-to-month tenants with a reputable history of on-time payments, this property offers reliable income. Minor improvements could boost the potential maximum rent to upwards of $2000+ per month! Priced to sell with significant equity built into the list price, the average ARV for sold 2-bed comparables within a 1-mile radius is $260,000+. Located in the heart of the vibrant Bronzeville neighborhood, you'll enjoy nightlife, dining, shopping, and easy access to public transit and highways. With numerous new developments surrounding the area, this is your chance to secure a property in a rapidly appreciating neighborhood. Don't miss out on this incredible opportunity! Schedule a showing today! Property will be sold "as is where is"


Listing Status:
Active
Date Added:
June 21, 2024 — 7 days ago
Listing Office:
Straight-A Realty, LLC, D'Andre Daye (847-530-8441)
Office Phone:
847-530-8441
MLS ID:
12091524

Features & Amenities

Interior

General:
Hardwood Floors
Rooms:
Bonus Room, Den
Master Bath:
Whirlpool,Double Sink
Appliances:
Range, Microwave, Refrigerator, Washer, Dryer
Dining:
Combined w/ LivRm
Laundry:
In Unit
Basement:
None
A/C:
Central Air
Heating:
Natural Gas
Disability Feature:
None

Exterior

General:
Brick
Parking:
Assigned, Parking Lot, Parking spaces: 1

Construction

General:
Condo,Garden Unit

Location

HOA Amenities:
Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20102100391001

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo
Buyers Agent Compensation:
2.5% -$250

This listing courtesy of:
Straight-A Realty, LLC, D'Andre Daye

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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