8473 S Commercial Ave, Chicago, IL 60617

5 beds, 3 baths
For Sale
$99,500
Price cut: -$18,500
Zestimate®: $130,971
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FANTASTIC OPPORTUNITY FOR INVESTORS AND HOME BUYERS! OWN THIS NEWLY REHABBED 3 FLAT BLDG READY TO START COLLECTING RENT, WHILE WAITING FOR HUGE APPRECIATION. LOCATED AT THE SOUTHERN RIM OF LAKE MICHIGAN, 10 MILES FROM DOWNTOWN THIS PROPERTY IS ADJACENT TO THE "LAKESIDE PROJECT" AREA, (A MEGA DEVELOPMENT OF THE SOUTHEAST CHICAGO LAKEFRONT & OLD US STEEL PROPERTY), W/HIGH POTENTIAL LONGTERM APPRECIATION.
Facts
  • Multi Family
  • Built in 1911
  • 378 days on Zillow
  • MLS #: 08602777
    Other
    • Zillow Home ID: 2137130925
    Home Values
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    Zestimate What's this?
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $130,971
    -$12,232 Last 30 daysd
    $97K
    $160K
    Zestimate range
    Rent Zestimate What's this?
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,555/mo
    +$79 Last 30 daysd
    $1.1K
    $2.1K
    Zestimate range

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    Neighborhood for 8473 S Commercial Avenue

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    Zillow predicts South Chicago home values will increase 1.2% next year, compared to a 0.3% fall for Chicago as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In South Chicago, the number of foreclosures waiting to be sold is 18.2% lower than in Chicago, and 405.7% higher than the national average. This lower local number could help South Chicago home values rise more quickly than other regions in Chicago.

    Learn more about forecast calculations or South Chicago home values.
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      What's this?
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      About these agents
      These buyers' agents specialize in this area and can assist you in seeing this home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
      Close
      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

      Learn how to appear as the agent above

      Close
      Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

      Email successfully sent!Submission failed!

      Next: Find out what you can afford on Zillow Mortgage Marketplace.

      Get Pre-Approved

      Next: Get Pre-Approved

      A Zillow Confirmed Lender will call you.

      Contact me

      Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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