6507 S Langley Ave, Chicago, IL
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Presented By:

Henry Jones
Managing Broker
Southland Real Estate Inc
708-926-1591
Licensed In: IL
License #: 471.004103
$ Click for current price
11 BEDROOMS | 3 Baths (3 full ) BATHROOMS |
6507 S Langley, Chicago, IL 60637 ( #1, #2, #3)
Property has 3 condos with 3 Pin #'s
20-22-222-052-(1001-1003)
Each Unit Arv : 110,000 – 200,000
Total Value of 320,000?550,000 in W Woodlawn
Right on the edge of Cottage
(West)(Great Investment area)
Very solid buy&hold investment that can provide instant equity and Income
Exterior in good condition, landscape as well, Front &Back (Back Porch top quality)
The 2 condos above basement unit only need cosmetic updates and can be rented out right away by the new owner
(Basement unit needs a total gut rehab & has a tax redemption date in 2020)
High Tax redemption amount for 2 of the 3 units
(Im NOT selling 3 condo units for 25,000 a piece IN FULL)
75K is for secured ownership of all 3 condo units, and leaving the outstanding taxes to be paid in 2020 (Cut half of the initial investment)
Top Unit #3 : 4bd/1ba – Cosmetic Updates
Main Unit #2 : 3bd/1ba – Cosmetic Updates
Basement Unit #1 : 4bd/1ba – Gut Rehab (open FL plan)
My attorney has all the paperwork and Files, including all Tax bills, Official Title , and water bill.
1 Warranty deeds & 2 QC deeds
Only asking 75,000$
Leaving taxes to be paid now, or later (2020 tax redemption date)
Water will be Paid to 0, therefore, the new buyer can record all 3 condo deeds
(Cook County Law)
_ _ _
Serious Investors/End Buyers only please (Pof needed to submit contract)
Contact for More information & Pictures
Blessings to all!
