5014 S Fairfield Avenue,
5014 S Fairfield Avenue Chicago, Illinois 60632 United States

5014 S Fairfield Avenue
5014 S Fairfield Avenue Chicago, Illinois 60632 United States

$197,500USD
 
  • 4
    Bedrooms
  • .08 Acres
    Exterior
  • New Listing

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5014 S Fairfield Avenue

About 5014 S Fairfield Avenue, Chicago, Illinois

Welcome to your next investment opportunity -- fix-and-flip or rehab-and-hold. You'll do well either way with this brick two-flat in the up-and-coming Gage Park area conveniently located between two Orange Line stops (Western and Kedzie), schools (CPS, Rufino Tamayo charter elementary and Mansueto charter High School) and shopping. Building is habitable but needs rehab. Longtime owner has taken building's condition into account and has priced it to sell -- AS-IS. Owner will not make repairs. After-repaired-value should be $375,000+. Suitable for 203k or conventional rehab loans. Will not pass FHA. Taxes don't reflect exemptions but homeowner's and senior exemptions have been applied for, as well as certificate of error. Units have some vintage touches such as built-in china cabinet in second-floor kitchen, as well as walk-in closet in each unit. Basement offers plenty of storage space in addition to laundry room but ceiling height is less than 7.5 feet. RS-3 zoning.

Listing Courtesy of Coldwell Banker Realty

Marketed By

Property ID:11634438

MLS ID:11634438

Listing Courtesy of Coldwell Banker Realty

Amenities

  • Cable
  • Lake
  • Baseboard
  • Public Sewer Service
  • Public Water Supply