Chicago, IL 60649,2902 E 77th ST
Chicago, IL 60649,2902 E 77th ST
Chicago, IL 60649,2902 E 77th ST
50
$337,500
$340,000
0.7%
Est.Price: ?

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7 BD
4 BA
5,227 Sqft Lot

2902 E 77th ST Chicago, IL 60649

Est. payment /mo
SOLD DATE : 10/03/2022

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Key Details

Sold Price $337,500

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11491124

Sold Date 10/03/22

Bedrooms 7

Year Built 1880

Annual Tax Amount $3,720

Tax Year 2020

Lot Size 5,227 Sqft

Lot Dimensions 5220

Property Sub-Type Two to Four Units

Property Description

WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON WEDNESDAY, AUGUST 17, 2022. What a beauty! And it is just a two minute walk to Rainbow Beach! This building and its location is a very rare opportunity to own a property steps from the Lake and, equally important, it is on the east side of South Shore Drive! This legal, 2-unit building makes for a perfect investment; or, you can live in one unit and rent out the other two units - and you can live for practically free. And the best part? The mechanicals are in tip-top shape; simply put, this property has been well-maintained by its owner! There is a unit on each floor. Both units are presently rented on a month-to-month basis. The first floor features a 3-bedroom, 2-bathroom living space. The second floor features a 4-bedroom, 2-bathroom living space. Each unit features a sprawling living room and dining room that opens up to a nicely sized kitchen - all while being an intelligently designed space. Each unit feels like a house! Then head to a full, unfinished basement, which is the length and width of the building, and utilize this space for storage or convert it into more living space. The possibilities are endless. Close to schools, shopping, transportation, the South Shore Country Club, the upcoming Tiger Woods Golf Course and impeccable access to Lake Shore Drive. All financing types are acceptable: FHA, VA and conventional. Show and sell! NOTE: There is no homeowners exemption on this property.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Porch

Community Features Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Rubber

Building

Lot Description Beach, Corner Lot, Cul-De-Sac, Fenced Yard

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by Peter Drossos • Peter Drossos Real Estate
Bought with T'Keyah Williams • Keller Williams Elite

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agent

Valorie Schmidt

Broker Associate | License ID: 44275

+1(847) 624-5368

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