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Owner finance

$398,000

551 E 47th St #3W

Chicago, IL 60615

Beds3
Baths2
Sq ft1,500
Year built2024
Rent estimate$2,980/mo
Listed by

Rashauna Scott, Keller Williams ONEChicago · (312) 216-2422

What the listing says

Seller financing and rent to own options available! Welcome to your future home at The Blues District Collection in the vibrant and evolving Bronzeville neighborhood of Chicago! Be the first to live in this beautifully designed, new construction condo located in the heart of the highly desirable Historic Blues District! Every inch of this space has been thoughtfully crafted with high-end finishes and attention to detail. You'll be able to enjoy the amazing city views from your private balcony! The unit layout is spacious and features 3 bedrooms, 2 full bathrooms, an open-concept living/dining area, private balcony, and assigned exterior parking space. There is a primary en-suite and a full guest bathroom with spa-like modern fixtures, elegant tiling, and ample storage that make your daily routines a treat. This unit surely offers a comfortable and stylish living space perfect for both relaxation and entertaining. The kitchen boasts stainless steel appliances, granite countertops, sleek cabinetry, and an oversized island, ideal for cooking and hosting guests! Enjoy your morning coffee or unwind at the end of the day with views from your very large private balcony. An additional feature is the convenience of having a full-size washer and dryer in-unit! You'll also love having lower utility bills with energy-efficient appliances, windows, and construction materials. Enjoy everything from local coffee shops to award-winning restaurants, all just moments away. Just steps from public transportation, including the Green Line and CTA bus routes, making commuting a breeze. Spend weekends relaxing at nearby parks, or explore the picturesque lakefront for biking, jogging, and picnicking. Enjoy the comfort of a new home in a neighborhood rich with history and deeply rooted community. Schedule a private tour today!

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This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Condominium

HOA

None

More owner-financed homes near Chicago

Questions about owner financing in Chicago

What is owner financing for 551 E 47th St #3W?

Owner financing means the seller of 551 E 47th St #3W acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Chicago, IL home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Chicago home?

There is no standard down payment. The seller of this Chicago home sets their own, and it is negotiable. Ask the seller or their agent.

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