About This Home
Built in 1913, this two-story single-family home at 656 W 116th Place in Chicago offers 3 bedrooms, 1 bathroom, and approximately 1,200 square feet of living space. The property includes 2 parking spaces and natural gas heating. Listed at $99,000, the home is presented as part of a six-property rental portfolio and is noted for great cash flow with a $1,650 monthly HCV subsidy.
Its established construction era, two-story layout, and residential configuration provide a straightforward investment opportunity for buyers evaluating an income-producing property. The home is located in Chicago, Illinois, with the city’s average home size reported at 1,754 square feet. Whether considered individually or alongside the other properties in the portfolio, this offering combines a three-bedroom layout, dedicated parking, and existing rental income information in one property.
Key Features
- Built in 1913
- 2 stories
- 2 parking spaces
Property Details
Great cash flow, $1,650/monthly-HCV subsidy ..Part of a six property rental portfolio
Monthly Cost Estimate
$529/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
656 W 116th Place
Chicago, IL 60628
Property Details
Construction
Parking
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 656 W 116th Place is listed at $99,000 ($83/sqft). The estimated monthly payment is $530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1913, 2 stories, 2 parking spaces.
This property is listed by Kuchambi Myhand and can be reached at (773) 569-7325.
