A rare find in Chatham! Calling all investors looking to add to their portfolio. This 4-plex is fully rented. 3 out of the 4 units were renovated in 2023. The 3 units have seen massive upgrades including: life proof vinyl plank flooring, stainless steel appliances, washer+dryers, plumbing fixtures, ceiling fans, paint and doors+trim where needed. The entrance corridor has been revamped with life proof vinyl plank flooring, paint, hardwood stairs and 100% mechanical stainless steel keyless entry pin pads for all units (this is great because you don't have to keep track of keys for all the units). Ample, on site parking for all the units, each unit is provided a parking space and there is also 24/7 street parking. There is a large back and side yard. The lower units have backyard concrete patios and the upper units have access to the large deck that is perfect for over looking the backyard and grilling out. You'll find this property next to desirable new construction homes and just minutes away from Chatham District #5 schools and nearby parks. Investors, this is a true 7.5 cap! The current gross income is $52,200 with room to improve! The 3 updated units rent for $1,200/month and the other unit rents for $750/month. Don't miss out on this opportunity to own a cash flowing property in desirable Chatham, Illinois! 24hr notice and proof of pre approval needed for showings. *Back on the market due to buyer not being able to secure financing* Located in Sangamon County.
Closed
$425,000
836 Deerfield Rd, Chatham, IL 62629
8beds
--sqft
Multi Family
Built in 1978
-- sqft lot
$441,600 Zestimate®
$--/sqft
$1,488 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 23, 2023 at 04:36pm
Listing courtesy of:
John Armstrong 309-275-9333,
RE/MAX Rising
Bought with:
Non Member
NON MEMBER
Source: MRED as distributed by MLS GRID,MLS#: 11890567

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 4
Lot
- Size: 3,600 sqft
Details
- Parcel number: 29070255014000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Chatham
- Subdivision: Walnut Park
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability

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