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Image 1 - 9116 South South Chicago Avenue, Chicago, IL 60617, USA - Duplex for sale

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Residential Income

9116 South South Chicago Avenue, Chicago, IL 60617, USA

Residential Income

duplex for sale

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Listed: 02/13/23

9116 South South Chicago Avenue, Chicago, IL 60617, USA

8 Bed:

1 Bath:

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Price

$ 420,000

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About This Duplex

Come see this nice 4 unit building located in a nice area. Each unit has 2 bedrooms and three of the units are currently rented out when the building is fully rented out it grosses over 3000 per month rent the building has recent updates to the roof, siding, windows, electrical and furnaces. The tenants in the building are all long term, there is only one residential house nearby and 2 small businesses and it's conveniently located for public transportation on the bus line and near the South Chicago metra train stop.The basement in the building has four storage rooms and a common area that includes a coin washer and dryer. Tenants pay their own utilities.

Property Includes

Storage
Roof Asphalt

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Calumet Heights Housing & Living

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.

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