742 East 88th Street

Chicago, IL 60619

$125,000
Price
6
Beds
3
Baths
2,400 Sq. Ft.
$52 / Sq. Ft.
2,400
Sq. Ft.
$52
per Sq. Ft.

Description

Welcome to this incredible 2-flat property in the heart of Chatham, offering endless potential for a skilled contractor or handyman! The property has extensive termite damage: under the rear porch, in the support beams in the crawl space, and to the exterior sheathing on the south side of the house behind the kitchens. This property is located in the thriving 60619 zip code, which has seen a remarkable 12% increase in rent over the past year. If you're seeking a project that allows you to put your...Welcome to this incredible 2-flat property in the heart of Chatham, offering endless potential for a skilled contractor or handyman! The property has extensive termite damage: under the rear porch, in the support beams in the crawl space, and to the exterior sheathing on the south side of the house behind the kitchens. This property is located in the thriving 60619 zip code, which has seen a remarkable 12% increase in rent over the past year. If you're seeking a project that allows you to put your renovation skills to work, this is the perfect opportunity for you. This property presents an excellent investment prospect for those looking to capitalize on the rental market or individuals who want to live in one unit while renovating the other. Currently, both units are vacant, eagerly awaiting your vision. The first-floor unit showcases a spacious layout, featuring three bedrooms, two bathrooms, a generous living room, and a separate dining area. You'll find that both units have been primed for transformation with modern finishes and an abundance of natural light that permeates throughout. Situated on a generous lot, this property offers a sizable backyard and a two-car garage, providing convenient off-street parking for its future residents. Moreover, its location near public transportation, shopping centers, dining establishments, and entertainment options adds to the overall appeal. Additionally, families will appreciate the property's proximity to excellent schools, making it an ideal choice for those with children. This outstanding handyman special (termite damage in rear and under house) presents an exceptional investment opportunity that should not be overlooked. Don't hesitate to reach out to us today to schedule a showing and discover the untapped potential that awaits with this property.

Property Details for 742 East 88th Street

Area
CHI - Chatham
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Pearson Realty Group
Add your commute
LISTING UPDATED: 02/09/2024 04:27 PM

Property Details for 742 East 88th Street

StatusContingent
MLS #11942718
Days on Market133
Taxes$1,810 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1895
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of Pearson Realty Group
Add your commute

Building Information for 742 East 88th Street

Stories-Residences2Year Built1895Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$833 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$151

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 742 East 88th Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 13
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2015
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard, Sidewalks, Streetlights
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 48X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 8800
  • East Coordinate: 700
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2023-12-07T15:56:25
  • Photos Count: 21
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,225.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 03/31
Unit 2
  • Unit Type Actual Rent: $1,495.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 2
  • Lease Expiration Date: NA

Property History for 742 East 88th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 742 East 88th Street

Taxable ValueLand$3,790Additions$5,210Total$9,000
Tax Record2022$1,851 ($154 / month)
Home Facts
Baths4Total Finished SqFt2,734 SqFtAbove Grade Finished SqFt2,734 SqFtStories2Lot Size3,032 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyCOOKAPN25-03-207-029

Schools near 742 East 88th Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Charter - 10 to 11
Rating
School
Distance
Pirie Elementary Fine Arts & Academic C
PublicPK to 6

Dixon Elementary School
PublicPK to 8

Harlan Community Academy High School
Public9 to 12

YCCS Chtr - Chatham
Charter10 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pearson Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 02/09/2024 04:27 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.