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$ 329,000
Est. payment | /mo
5 Beds
3 Baths
$ 329,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12288779
Bedrooms 5
Year Built 1926
Annual Tax Amount $3,182
Tax Year 2023
Lot Dimensions 3780
Property Sub-Type Two to Four Units
Property Description
This meticulously maintained **FHA-approved** 2-unit building is perfect for an owner-occupant looking to live in one unit while generating rental income or an investor seeking a solid cash-flowing property. Each unit is **individually heated**, offering tenants convenience and efficiency. A **full finished garden unit** with its own **kitchen and full bathroom** provides an incredible opportunity for additional income, whether for a tenant or as an in-law arrangement. The building also features **on-site coin-operated laundry**, adding an extra revenue stream. The **spacious second-floor unit** has the potential to be **duplexed up** into the **huge attic space** with great ceiling height, offering even more possibilities for expansion and value appreciation. Located on a **quiet cul-de-sac**, this property sits on a well-maintained block that reflects the pride of homeownership in one of Chicago's most **up-and-coming neighborhoods**. Residents will enjoy the **newer iron fence, parking slab, and beautifully green backyard**, creating the perfect balance of security and outdoor enjoyment. With **easy access to public transportation, shopping, and all the conveniences of city living**, this is a rare opportunity to own a property that offers both **immediate cash flow and long-term potential**. **Show and sell!** Being offered **as-is**, but move-in ready for the next owner to make it their own. Don't miss out on this gem!
Location
State IL
County Cook
Area Chi - Chicago Lawn
Rooms
Basement Full
Interior
Heating Natural Gas, Radiant
Fireplace N
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Marcus Carter • Chicagoland Brokers, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "