Save This Old c.1898 Illinois Fixer Upper Queen Anne Under $75K
$74,900
This timeless Illinois fixer upper boasts over 2,400 sq ft and presents a remarkable opportunity for astute investors or owner-occupants aiming to build equity. Located in the thriving Auburn Gresham neighborhood, this expansive 5-bedroom, 2-bath multifamily home is attractively priced and brimming with potential.
Realtor Comments
Whether you’re looking to flip, expand your rental portfolio, or live in one unit and rent out the other, this property allows you to customize it to your vision while capitalizing on strong neighborhood growth and upside potential. The home is currently being utilized as a single-family home however is zoned as a 2 unit. The main level features an eat-in kitchen, dining room, spacious living room and bedroom. The second level has 4 bedrooms and a full bath. Full unfinished attic space that could be utilized as additional living space. The full basement is partially finished with a laundry room, 2nd full bath and ample storage. Conveniently located near schools, Hamilton Park Cultural Center, shopping/dining, public transportation, and I-94.
- 5bed
- 2bath
- Circa 1888
7617 S Union Ave, Chicago, IL 60620
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Joan Couris-Danial
Pros
- Cultural Diversity: Chicago boasts a rich tapestry of cultures, offering diverse cuisines, neighborhoods, and cultural events.
- Vibrant Arts Scene: The city is home to world-class museums, theaters, and music festivals, providing abundant entertainment options.
- Public Transportation: An extensive public transit system, including buses and trains, makes commuting more accessible and reduces reliance on cars.
- Job Opportunities: Chicago has a robust job market with opportunities in various sectors, including finance, healthcare, technology, and education.
- Beautiful Parks and Lakefront: The city’s extensive parks and scenic lakefront provide ample recreational activities and stunning views.
Cons
- Cost of Living: While some areas are affordable, overall housing and living expenses can be high compared to other cities.
- Weather Extremes: Chicago experiences harsh winters with heavy snowfall and cold temperatures, which can be challenging for some residents.
- Traffic Congestion: The city often faces significant traffic issues, particularly during peak hours, leading to longer commute times.
- Crime Rates: Certain neighborhoods wrestle with higher crime rates, making safety a concern for some residents.
- Taxes: Illinois has relatively high property and income tax rates, which can be a financial burden for residents.
