Invest in Your Future with This Stunning Renovated Multifamily Unit! Welcome to your next investment opportunity in the desirable South Shore area! This beautifully renovated multifamily property features two spacious units, each offering 2 bedrooms, 1 bath, and a versatile bonus room-perfect for a home office, playroom, or extra storage. Step inside to discover gleaming hardwood floors and modern finishes throughout. Each unit is equipped with stylish stainless steel appliances, ensuring a sleek and functional kitchen for any home chef. The property is move-in ready, allowing you to start generating rental income immediately! Enjoy the benefits of a fenced-in yard, providing privacy and security, along with the convenience of a 2-car garage. Located just minutes from Rainbow Beach and the new Obama Library, and only 15 minutes from downtown, this property offers an unbeatable location with easy access to recreation, culture, and city life. Don't miss out on this incredible opportunity to own a beautifully renovated multifamily unit in a thriving community. Schedule your showing today and start envisioning your future here!
Property Details
Property Features
Property Information:
Year Built: 1920
Listing Office:
Office Name: Lux Life Realty LLC
Office Phone: (773) 830-3108
Listing Agent: Yolanda Jeffries
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Utilities
Utilities Information:
Heating: Radiant
Other
Directions Information:
Directions: E/W on 79th St to Oglesby Ave. Continue South on Oglesby Ave to property.
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
Tax Information:
Annual Amount: $2,012
Tax Year: 2019
What can I afford?
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $10.3K less than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12196103
Listing Office:
Office Name: Lux Life Realty LLC
Office Phone: (773) 830-3108
Listing Agent: Yolanda Jeffries
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Hoyne Elementary School
8905 S Crandon Ave
Distance between this listing and this school1.04 miles
Public District Grades KG-6
7
/10
McDowell Elementary School
1419 E 89th St
Distance between this listing and this school1.57 miles
Public District Grades KG-5
7
/10
Earhart Options for Knowledge Elementary School
1710 E 93rd St
Distance between this listing and this school1.71 miles
Public District Grades KG-6
Nearby Schools
5
/10
Mann Elementary School
8050 S Chappel Ave
Distance between this listing and this school0.38 miles
Public District Grades PK-8
3
/10
Coles Elementary Language Academy
8441 S Yates Blvd
Distance between this listing and this school0.50 miles
Public District Grades KG-8
8
/10
Great Lakes Academy Charter Elementary School
8401 S Saginaw Ave
Distance between this listing and this school0.58 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Yccs-Sullivan House Alternative High School
8164 S South Chicago Ave
Distance between this listing and this school0.60 miles
Public Charter Grades 9-12
1
/10
Chicago Vocational Career Academy High School
2100 E 87th St
Distance between this listing and this school0.79 miles
Public District Grades 9-11
5
/10
South Shore International College Prep High School
1955 E 75th St
Distance between this listing and this school0.84 miles
The neighbors living near this home have an average income of $51,894. Residents of Chicago, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8050 S Oglesby Ave
What is the listing price of this property?
The listing price of 8050 S Oglesby Ave property is $350,000.
What type of property is this?
The property 8050 S Oglesby Ave is a house located in Chicago, Illinois, 60617.
Is this property for sale now?
Accepting Backup Offers: 8050 S Oglesby Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $2,012 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 8050 S Oglesby Ave has 4 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 8050 S Oglesby Ave is 1920.
This home is located at 8050 S Oglesby Ave in Chicago, IL and zip code 60617 in the Far Southeast Side neighborhood. This home was built in 1920. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $350,000.
Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.
From Rocket Homes Real Estate and based on county public records data.