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House 107 м² in Chicago, USA

299 000 $

2 794 $ /м²

4OTG1
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Area

107 м2

Bedrooms

4

Bathrooms

1

Year of construction

1960

For sale 5-bedroom house with new renovation in the center of Chicago, USA

5-bedroom house with new renovation in the center of Chicago, USAChicago is located in northeastern Illinois, on the southwestern shore of Lake Michigan. The city sits on the banks of the Chicago River and the Calumet River. It is the largest city in the Midwest with a population of over 2.5 million people.This beautiful bungalow is the pride of the owners who have cared for and lived in it for 50 years.Updated kitchen and hardwood floors throughout, all carpeting has the same hardwood flooring. New windows throughout, very well maintained roof and gutters.This community is rich in history and tradition, come see this beautiful home and be a part of one of Chicago's best neighborhoods!Contact RE/MAX Professionals for more information.

Additional details

Property type

Residential Properties

Number of rooms

5

Publication

From the Agency

Object type

House

Price

299 000 $

Condition

In Good Condition

Location

Downtown

Characteristics

City View

FAQ

In USA a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Chicago; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in USA finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of USA takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Chicago short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (299 000 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Chicago: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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