View All Auburn Gresham Chicago IL 4-Flats Listings

$400,000
9 Beds 5 Baths 12631165 MLS PENDING Status
If you know you KNOW, Auburn Gresham is EVOLVING! Owner-Occupant or Investor Opportunity | 4 Unit + 1 more income producing basement unit that has two entrances! Solid brick 4 flat building featuring 9 bedrooms and 5 bathrooms, offering exceptional flexibility and income opportunity. Property is currently tenant-occupied; however, the 1st-floor unit will be delivered vacant at closing, creating the perfect setup for an owner-occupant looking to live in the property while generating rental income. Each unit offers spacious layouts, great natural light, and classic character throughout. The property supports multiple living configurations and strong rental potential. The basement with dual entrances provides additional versatility for extended living space or potential unit expansion! This property has been well-maintained, with recent cleaning and servicing of utilities for peace of mind. The roof is approximately 10 years old, and the property has been appraised at the current list price, reinforcing its market value. Located near public transportation, schools, parks, and neighborhood amenities-making it attractive for both tenants and long-term investment. Sold As-Is, subject to probate proceeding... A rare opportunity to secure a multi-unit with size, flexibility, and income potential-bring your strategy and make it work for you. Please note- not all apartments shown at time of publishing

8305 S Throop Street, Chicago

$399,900
7 Beds 2 Baths 12170445 MLS CLOSED Status
Welcome to your dream investment opportunity! This stunning brick 2-flat in the sought-after Auburn Gresham neighborhood stands as a testament to modern elegance and functionality. Recently undergoing a complete refresh, this property features two meticulously updated units that combine contemporary design with ultimate comfort. Each unit offers a spacious layout with combined living and dining rooms: the first floor boasts three true bedrooms and an enclosed back porch, while the second floor features four true bedrooms as well as an enclosed back porch with storage, creating a welcoming haven for residents. The kitchens shine with sleek white shaker cabinets, elegant quartz countertops, and black fixtures, with every detail thoughtfully considered, ensuring a cohesive aesthetic. All carpet has been removed, and the property now features either refinished hardwood floors or durable low-maintenance vinyl planking, adding to the contemporary appeal and ease of upkeep. Significant upgrades have been made for peace of mind, including a brand-new furnace and AC unit in Unit 1, and freshly cleaned ducts in both units. Plus, added security with a Vivint home security system, with several months of free service included. The large, clean, and dry basement offers a blank canvas with immense potential, ideal for a comfortable in-law suite or additional living space. The seller, a skilled developer, is open to customizing this space according to the buyer's needs, whether it's for a home office, home theater, or something uniquely yours. The exterior boasts undeniable curb appeal, with a striking appearance that commands attention. Enjoy the luxurious touch of design tiles and durable hardwood flooring. The property has seen extensive upgrades, including new windows, doors, trims, tuckpointing, concrete sidewalks, iron fencing, and roof-all contributing to its standout quality. Situated in a rapidly appreciating area with new developments all around, this property is ideal for investors seeking lucrative returns or owner-occupants looking for rental income benefits. FHA and Fannie Mae both offer low down programs for 2-4 flats, making this an accessible and attractive investment opportunity. This 2-flat offers the best of both worlds in contemporary Chicago living.

7731 S Carpenter Street, Chicago

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Auburn Gresham, Chicago IL · Curated MLS Search

4-Flats in Auburn Gresham, Chicago IL

An editorially curated view of every active 4-flats listing in Auburn Gresham, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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