Lisa Lynes
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Great location to live or invest - build your own equity here! 2-flat directly across from Bridgeport Village and the Riverwalk, offering huge potential. Perfect expansion opportunity - the current setback favors a new rear addition (potential for a first-floor duplex down with a simplex above). There is an unfinished basement on slab. The oversized brick garage features overhead doors facing both the alley and the yard. The property is zoned 2 units. Come walk through and think over the amazing options here. The back porch has a few city violations; a rehab loan (or cash) is required, as permits will be needed to address rear deck repairs, garage TLC, and tuckpointing. Upstairs is a 2-bed, 1-bath; first floor is a 1-bed, 1-bath. The full basement is unfinished. A small new addition could make the first floor larger and/or connect it to the basement, or give the second floor a deck overlooking the yard. Alternatively, you could add on and convert to a single-family home. So many options here - bring your contractor and get your rehab loan approval, then head on over. Estate sale - property sold as-is. Rider forms required by seller (download in MLS). Text listing agent for link to more details. Walk to Morgan Street cafes. Minutes to the expressway and located in the path of upcoming development along Pershing.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 3
Bathrooms: 2
County: Cook
Subdivision: Bridgeport Village
Listed By:
Keller Williams ONEChicago
312-216-2422
MRED MLS
MLS ID: 12552301
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3329 S Racine Avenue, Chicago, IL 60608.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $360,000 | $360,000 | $360,000 |
| Down Payment | $72,000 | $12,600 | $90,000 |
| Monthly Mortgage Amount | $1,658 | $2,063 | $2,153 |
| Taxes | $501 | $501 | $501 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $158 | $0 |
| Monthly Estimated Total | $2,264 | $2,827 | $2,759 |
Lisa Lynes
REALTOR®
Cell: (319) 330-5077
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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