$250,000 Price Analysis 2856 S Emerald AveChicago, IL 60616 5 bed 2 bath unknown SqFt ($0/SqFt) Built 1885 Listed 2024-05-02, Taxes $3,752 | Ⓧ USDA Ineligible due to location near Chicago |
Presenting a rare investment opportunity in the thriving Bridgeport rea: a legally zoned multi-unit property poised for development. Currently structured as a two-flat, this offering is sold as is and represents an outstanding prospect for new construction given the age and condition of the existing building. The front unit, generating a steady income of $1, 000 per month on a month-to-month lease, is complemented by a vacant rear unit, ready for your vision and transformation.
Situated on a desirable block brimming with potential, this property invites the astute investor to capitalize on the dynamic local real estate market. With its competitive pricing, this opportunity is not to be missed. Act swiftly to harness the possibilities of this prime development site. Your strategic investment awaits. All remaining contents will stay.
Presented by Christopher Cucci at
Cucci Realty.
Property MLS #12045126 from MRED
Year | Assessments Building + Land Total | Tax |
---|---|---|
2020 | $16,640 + $12,650 $29,290 | $3,752 |
2019 | $20,261 + $12,650 $32,911 | $3,740 |
2018 | $20,261 + $12,650 $32,911 | $3,684 |
2017 | $17,029 + $10,062 $27,091 | $3,944 |
2016 | $17,029 + $10,062 $27,091 | $4,307 |
2015 | $17,029 + $10,062 $27,091 | $4,140 |
2014 | $17,902 + $8,625 $26,527 | $4,319 |
2013 | $17,902 + $8,625 $26,527 | $4,346 |
2012 | $17,902 + $8,625 $26,527 | $3,544 |
2011 | $16,839 + $14,375 $31,214 | $2,825 |
2010 | $16,839 + $14,375 $31,214 | $2,386 |
2009 | $16,839 + $14,375 $31,214 | $2,093 |
2007 | $25,313 + $6,094 $31,407 | $1,973 |
2006 | $25,313 + $6,094 $31,407 | $2,387 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.