1609 S Sawyer Avenue, Chicago, IL

$344,000

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11

Beds

About 1609 S Sawyer Avenue

One of few remaining prime real estate opportunities in close proximity to Chicago downtown and across of the street from Douglas Park, with all amenities and transportation options steps away in a rapidly appreciating area. 1607 & 1609 Sawyer are timeless Greystones that feature a total of (18) bedrooms, (6) baths combinate with over 1500+ sq ft of living space or storage. Please note the price is only for 1609. New owner of 1607 S. Sawyer has option to purchase adjusted double lot on 16th street at FMV (confirmed with City of Chicago) for additional opportunities. Both buildings are fully tenants occupied with rents currently below market value but can be adjusted after light cosmetic rehab at buyer's discretion. Each unit contains their own dedicated HVAC, water heather and electrical panels condo style. Buildings are priced on recent sold/contingent comps in the area. Buyer would need to purchase property subject to existing tenants. Seller will entertain offers for each building individually but would prefer both buildings be sold as a package deal potential further savings to buyer and a quick closing is preferred.

Features of 1609 S Sawyer Avenue

MLS® # 12617120
Price $344,000
Bedrooms 11
Bathrooms 0.00
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 1609 S Sawyer Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Brick
Roof Rubber

School Information

District 299

Additional Information

Days on Market 87
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHometown Real Estate Group

Listing Map

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