7920 S Honore Street Chicago, IL $ 399,000
7920 S Honore Street
$ 399,000
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7920 S Honore Street

Chicago, IL, 60620
$ 399,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 2,390

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7920 S Honore Street, Chicago, IL 60620 - Image 8
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Multi-Family Home for sale in Chicago, IL

for $399,000 with 2 bedrooms. This home was built in 1920 on a lot size of 0.3.

Value Add! Fully stabilized, classic brick center-entry 6 flat with upside potential in Auburn Gresham, directly across the street from Scott Joplin Elementary School. All 2bd/1ba units with large living rooms and separate, spacious dining rooms. Some units have been partially updated. A four vehicle garage (currently closed off) in back. Full, unfinished basement. Boiler heat. Building needs some maintenance and cosmetic updates to maximize its potential, but the building is solid. Convert to vouchered tenants over time, install individual furnaces and water heaters and rent garage spaces.

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Multi-Family Contingent

Price

$ 399,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 4,736

Style

Multi-Family

Lot Size

0.3

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12145475

Features
General
Cooling None
Roof Membrane
Zoning MULTI
Construction Materials Brick
Year Built 1920
Tenant Pays Electricity
Stories 3
Tax Year 2022
Current Use Multi-Family
Gross Income 65100
County Cook
Net Operating Income 30812
Operating Expense 34288
Insurance Expense 4128
Property Type Commercial Sale Multi Family 5+
Contingency Financing
Status Contingent
Directions East or West on 79th Street to Honore. South to building on right.
City Chicago
NumberOfUnitsTotal 6
MLS Area CHI - Auburn Gresham
Lot Size Square Feet 6820
Tax Annual Amount 4736
Electric Expense 770
Fuel Expense 8800
Trash Expense 2200
Water Sewer Expense 2604
Additional Parcels Y/N N
Days on Market 5
Standard Status Active Under Contract
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Interior
Total Fireplaces 6
Basement Unfinished
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 50 X 136
Lot Size Acres 0.3
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
@Properties Commercial

Broker

durbaniak@atproperties.com

Email

Affordability Calculator

$2,784
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,390
Monthly Property Taxes
$395
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2024$399,000 Listed Price

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7920 S Honore Street, Chicago, IL, 60620 is a Multi-Family Home for sale at $399,000 with a lot size of 0.3. 7920 S Honore Street has 2 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 60620 which is in Chicago, IL