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12607 S Lincoln Street Calumet Park, IL 60827 Multi Unit - Multiple (Short Sale) - Active

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Description

Handy Man Special! This two flat is habitable but is a bit dated and could use a some polishing! Bring your ideas to modernize this space to have the bulk of your mortgage covered by your tenant. This is also a great opportunity for an investor seeking a value add opportunity. This property was inherited and is currently occupied by family but may be delivered vacant since there are no leases in place. Each unit has it's own electric and gas meters but seems to have both a furnace and boiler on site so buyers should do their due diligence as the seller doesn't make any representations around whether the heating usage is split by unit.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 2
County: Cook
Listed By:
Baird & Warner 312-640-7010
MRED MLS
$179,000
Est. $1,173/mo
5beds
2baths
(Short Sale) - Active
BEDS5 BATHS2 full MLS#12574287
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 132

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12607 S Lincoln Street, Calumet Park, IL 60827.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $179,000$179,000$179,000
Down Payment $35,800$6,265$44,750
Monthly Mortgage Amount $824$1,026$1,070
Taxes $249$249$249
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$79$0
Monthly Estimated Total $1,173$1,454$1,419

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