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$415,000
12715119 MLS RE-ACTIVATED Status
** BACK ON THE MARKET! This exceptional FULL-brick 5-unit investment opportunity near Downtown Oak Park is available again after the buyer was unable to secure financing. An excellent opportunity for investors looking for a well-located multifamily property.** This rare opportunity to own a meticulously maintained, fully brick 5-unit apartment building located on a quiet residential street just over one mile from vibrant Downtown Oak Park and only eight miles from Downtown Chicago. This turnkey multifamily property offers dependable cash flow, strong rental demand, and exceptional long-term appreciation potential. Each of the five spacious units offers generous living space with well-designed floor plans that appeal to today's renters. The property has been exceptionally maintained and features a private parking lot with space for up to 7 vehicles, an on-site coin-operated laundry that provides additional income potential, and separate hot water tanks for each unit, enhancing both tenant convenience and operational efficiency. The owner currently pays heat for four of the five units, along with common area electric, water, insurance, and real estate taxes, while the garden unit tenant pays all of their own utilities. Combining solid brick construction, oversized apartments, ample off-street parking, and a prime location near shopping, dining, parks, public transportation, and downtown Chicago, this property is an outstanding investment opportunity. Whether you're looking to expand your portfolio or acquire your first multifamily asset, this well-performing income property offers the perfect blend of stability, value, and future growth potential.

5220 W Washington Boulevard, Chicago

$531,000
4 Beds 3 Baths 12523991 MLS CLOSED Status
This stunning 2-story, all-brick property in GALEWOOD on a 30 x 173 oversized lot features two 2 bedroom units and 3 full baths, with exceptional architectural detail and long-term rental appeal. Property Highlights: Greeted by 2 large Architectural Planters at Front Entrance Freshly painted carpeted stairway with black and white mosaic tile entry Main Floor Unit: Spacious 2 bed / 1 bath, eat-in kitchen with hardwood floor, carpet over hardwood in bedrooms, standard stove and fridge, tandem (office) room to back stairway Second Floor Unit 2 bed / 1 bath unit with hardwood floors (under carpet), modern dining room ceiling fan, architectural hall and bedroom lighting, generous closet space, kitchen with nicely refinished hardwood flooring, stainless steel appliances, including dishwasher tandem (office) room to back stairway Finished carpeted basement with large full bath with linen closet, private front and back entrances, separate gas heater in living room area, nicely recessed dining area, cozy 1 bedroom with 2 large closets and 2 extra store rooms Tenants enjoy a shared common area, dedicated laundry room and designated storage spaces. Recent Upgrades: Roof (3 years old) Refreshed Tuckpointing Fresh painted living areas New Concrete path to front door and beyond 2 Washer and 2 Dryers (1 set new Samsung) 2-car garage with separate work room (additional rental income potential) Enclosed sided back porch. Prime Location: Near Metra, parks, and schools Quiet, well-kept neighborhood with mature tree canopy and excellent curb appeal Large yard for tenant enjoyment Financials: Landlord pays heat, water, and rubbish Tenants pay electric (separately metered) One Thermostat on main floor controls building Whether you're representing investors or seeking a turnkey multi-unit property, this building offers strong rental income, low maintenance, and long-term value. Cash or conventional only. BEING SOLD AS-IS

1712 N Nagle Avenue, Chicago

$278,000
5 Beds 4 Baths 11934552 MLS CLOSED Status
Welcome Home! Incredible opportunity to own this bungalow converted into a legal 2-flat in the 80's. The 1st-floor unit offers a versatile layout with 3 bedrooms, separate living and dining rooms, plus a bonus den. The 1st floor bathroom was also updated in 2012 with new drywall, new vinyl flooring, new vanity, new lighting & plumbing fixtures, new medicine cabinet, new toilet, new shower tile and reglazed tub. Upstairs, the 2nd-floor unit is bathed in natural light, showcasing a spacious living room, a large eat-in kitchen, and 2 bedrooms. Nestled on a generous 3,750 sqft lot, this bungalow-style home with a dormer invites you to explore the option of converting and rehabbing it into a breathtaking single-family home. Alternatively, you can owner-occupy and leverage rental income from the second floor to offset your mortgage. Appreciate the timeless appeal of vintage details such as original woodwork, hardwood floors, crown molding, and stained glass. The basement, with its high ceilings, presents an excellent opportunity to create an in-law unit or a duplex down. Offering 3 updated 100 amp electrical boxes and 3 separate water heaters. The property is being sold as-is, cash and conventional buyers only - No FHA. Conveniently located on the border of Belmont Cragin & Galewood, this property is just a block away from the Galewood Metra Stop and Burbank Elementary. Minutes from Riis Park, Brickyard Mall, Target, Home Depot, Lowes, coffee shops, and restaurants. Quick access to I290 and proximity to Oak Park & Elmwood Park amenities make this an attractive investment. Bring your design ideas and explore the potential of this amazing property!

2129 N Narragansett Avenue, Chicago

$742,000
11788724 MLS CLOSED Status
Welcome to this incredible investment opportunity! This brick 6-unit building is the perfect addition to any investor's portfolio. Situated in a prime location, this property offers stability and a consistent income source. All occupied units are with reliable CHA tenants, ensuring a steady cash flow from day one. The units have been meticulously maintained and feature beautiful hardwood floors, providing a timeless and elegant aesthetic. The gas forced air system guarantees efficient heating, while separate utilities for each unit ensure convenience and individual control. Notably, the entire building underwent a comprehensive gut rehab, accompanied by meticulous plans and permits. This means that the property is not only visually appealing but also updated to meet modern standards of comfort and functionality. With four bedrooms and one bath in each unit, the spacious layouts provide ample room for tenants to enjoy a comfortable living environment. The flexibility of these floor plans opens up possibilities for various tenant demographics, attracting a wide range of renters. Making the transition process even smoother for the new buyer, the current property manager is willing to stay on board. Their extensive experience and familiarity with the building will prove invaluable in maintaining consistent management and ensuring a hassle-free ownership experience. This brick 6-unit building presents an outstanding investment opportunity with its stable income, recent gut rehab, and the convenience of a dedicated property manager. Don't miss your chance to secure this property and take advantage of its potential for long-term financial growth. Schedule a showing today and seize the opportunity to own this exceptional investment property!

4835 W Jackson Boulevard, Chicago

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Austin, Chicago IL · Curated MLS Search

Cash Only Homes in Austin, Chicago IL

An editorially curated view of every active cash only homes listing in Austin, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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