551 E 47th St #3W, Chicago IL - Owner Finance Home
Owner Finance

551 E 47th St #3W

Chicago, IL 60615

🛏️

3

Bedrooms

🚿

2

Bathrooms

📏

1,500

Sq Ft

📅

2024

Year Built

About This Property

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 either your private balcony or your very own spacious rooftop deck! Each unit comes with a dedicated rooftop space! 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!

Property Details

Property Type

Condominium

Year Built

2024

HOA

None

Listed Price

$398,000

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms
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Frequently Asked 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. This property in Chicago, IL is available with owner financing terms.

Do I need good credit for owner financing?

No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.

How much is the down payment for this Chicago home?

Down payment terms are negotiable. Sign up for free to get the specific financing details for this Chicago property.