HOT SWANN CHICAGO, IL 60609

Features

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Facts

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Pre-Foreclosure Info

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

LARGE CHICAGO LOT, SOLAR PANEL ARRAY MULTI-UNIT or SINGLE-FAMILY HOME-REMODEL READY in FULLER PARK. A must see! This is an "AS-IS" cash only offer sale. (Main Home, detached garage, rear two car-car port area PLUS side lot is included)! This spectacular exclusive beauty is waiting to be finished as a modernized custom 2-unit rental or a luxury Single Family home. Remodel ready- A large portion of the 1st and 2nd floor center load bearing walls and all basement walls are open and bare exposing all wall studs as well as existing electrical outlets and all of the ceiling joist. Investors dream ripe for immediate customizing to one''s desires as this grand age-less Swann home property has all the right elements: LOCATION, SPACE and OPPORTUNITY; right off of the Dan Ryan Expressway (I-94), minutes from Downtown and the Lakefront. The building includes an active self-sufficient energy efficient net-metering roof-top 16 panel LG Solar Panel array w/20yr. Warranty and a recently upgraded 200 AMP electrical service throughout, inclusive of a new custom metal single car storage garage with/lean-to-patio, new high-density argon-gas weatherizing windows throughout; and R21 blown-in wall insulation throughout the 1st, 2nd floor and upper spiral stairway accessible loft room space area. Framing and blown in cellulose weatherizing insulation has recently been applied throughout the homes 1st and 2nd floor areas; additionally, R43 closed cell foam has been applied to the loft area ceiling attic space throughout the entire front portion of the building for substantial cold climate weatherizing.

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