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659 W 116th Place Chicago, IL 60628 • Residential - Single Family • Active

  • 659 W 116th Place, Chicago, IL 60628 Main Photo

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Description

NEW PRICE. NEW OPPORTUNITY. NOW IS THE TIME TO TAKE ANOTHER LOOK! A second price reduction has repositioned 659 W 116th Place and created an opportunity that deserves another look. If this property was previously on your radar, it may be time to revisit the numbers. This 2-bedroom, 1-bath home offers a traditional floor plan with a living room, separate formal dining room, unfinished basement, and a generously sized rear yard. The existing garage should be evaluated for repair or replacement. There is no hiding the work required-this property needs a full renovation. But for the right buyer, that is also where the opportunity begins. Bring your contractor, your renovation plan, and your vision. With an existing footprint ready for transformation, the next owner has the flexibility to make improvements that align with their own investment strategy or renovation goals rather than paying a premium for someone else's choices. Located in Chicago's West Pullman community, the property offers access to neighborhood shopping and services, CTA transportation, Metra's Rock Island District, I-57, parks, and other South Side conveniences. THE PRICE HAS MOVED. WILL YOU? With a second reduction now in place, buyers who have been watching from the sidelines have a compelling reason to reconsider. Run the numbers. Take another look. Walk the property. Opportunities can look very different when the price changes-and this one just did.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,085
Garage Size: 1
Built in 1924
School District: District 299

General Information

Bedrooms: 2
Bathrooms: 1
Sqft: 1,085
County: Cook
Listed By:
Trademarks & Associates 773-306-0352
MRED MLS

Room Information

Bedroom 2: 12X10
Dining Room: 13X11
Kitchen: 11X10
Living Room: 12X22
Primary Bedroom: 10X12
$71,250
Est. $573/mo
2beds
1baths
1,085sqft
1cars
Active
BEDS2 BATHS1 full SQUARE FEET1,085 MLS#12746428
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 299

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659 W 116th Place, Chicago, IL 60628.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $71,250$71,250$71,250
Down Payment $14,250$2,494$17,813
Monthly Mortgage Amount $374$460$462
Taxes $99$99$99
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$31$0
Monthly Estimated Total $573$690$661

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