108 E 124th St Chicago IL 60628 Sold

Transaction Highlights

• Address: 108 E 124th Street, Chicago, IL 60628
• Repairs: Cosmetic Rehab
• Asking Price: $65,000
• AVR: $185,000
• Rents for up to: $1,350 per month

This is a contract for a 1,200 sqft  brick single family property with 4 bedrooms and 2 bathrooms with a finish basement with extra wide lot and a two car garage.

This property is awaiting a rehab to get it ready for its new owner. There used to be a section 8 tenant living in the house. Cosmetic updates required and you can add it to your rental portfolio. There is fix and flip value as well by gutting basement.

Mechanicals are all in working order. The property already has drain tile and a basement bathroom.  There are plenty comps available within the last 6th months here are a few.

The taxes are only $2,886/year.

Sold Comparables within the West Pullman area within a few blocks:

• 12709 S Union Ave – 176K –  4 Bed 2 Bath – Sold 12/2019
  –  https://www.redfin.com/IL/Chicago/12709-S-Union-Ave-60628/home/13047815

• 12446 S La Salle St – 189K – 4 Bed 2 Bath – Sold 10/2019
  – https://www.redfin.com/IL/Chicago/12446-S-La-Salle-St-60628/home/13055667
• 12643 S Stewart Ave – 191K – 4 Bed 2 Bath – Sold 9/2019
  – https://www.redfin.com/IL/Chicago/12643-S-Stewart-Ave-60628/home/13053947