View All Back of the Yards Chicago IL 55+ Community Homes Listings

$290,000
5 Beds 3 Baths 12664470 MLS CLOSED Status
A well-maintained and versatile two-flat offering an incredible opportunity for both investors and owner-occupants. This spacious property features a total of 5 bedrooms and 3 full bathrooms, providing flexibility for rental income, multigenerational living, or owner occupancy. The first-floor unit offers 2 generously sized bedrooms, 1 full bathroom, a large primary suite, and spacious living areas designed for comfortable everyday living. The second-floor unit features 2 bedrooms plus an additional bonus room that can easily serve as a third bedroom, home office, nursery, or flex space. It also boasts a large primary suite and oversized rooms throughout. The finished basement expands the home's functionality with a full bathroom, dedicated laundry room, and additional finished living space ideal for recreation, storage, a home gym, or extended family use. Conveniently located with easy access to Interstate 90/94 (Dan Ryan Expressway) and Interstate 55, commuting throughout Chicago and the surrounding suburbs is quick and convenient. The property is just minutes from neighborhood grocery stores, shopping centers, restaurants, parks, schools, public transportation, and everyday essentials. Nearby amenities include Sherman Park, the Englewood shopping corridor, and convenient access to the CTA Red Line and Green Line, making travel throughout the city simple. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking the opportunity to live in one unit while generating rental income from the other, this property offers exceptional versatility, generous living space, and outstanding value. Don't miss your chance to own this income-producing two-flat in a convenient South Side location. Sold AS-IS. Schedule your private showing!

5431 S Hermitage Avenue, Chicago

$276,000
8 Beds 3 Baths 12530647 MLS CLOSED Status
****** HIGHEST & BEST DUE BY 5:00PM, WEDNESDAY, 12/17/25 ****** BEST DEAL IN THE NEIGHBORHOOD - LEGAL 3 UNIT BUILDING IN THE MIDDLE OF EVERYTHING W/STABLE MONTH-TO-MONTH TENANTS IN UNIT #1 & UNIT #2. AMAZING OPPORTUNITY FOR AN OWNER OCCUPANT TO MOVE INTO THE VACANT JUST REMODELED TOP FLOOR UNIT #3 W/NEW PAINT, KITCHEN & BATH + BONUS FINISHED ATTIC ROOM (EXTRA BEDROOM or HOME OFFICE) & ATTIC STORAGE. *** PRO FORMA SHOWS OWNER OCCUPANT MAY BE ABLE TO PAY LESS THAN $750 A MONTH ON A 5% DOWN MORTGAGE AT PREVAILING RATES TO OWN THIS WHOLE BUILDING & LIVE IN THEIR OWN 3 BEDROOM UNIT. THIS IS A DON'T WALK ... RUN OPPORTUNITY NOT TO BE MISSED. *** INVESTOR STATS: 2 UNITS RENTED TO LONG TERM TENANTS ON MONTH TO MONTH LEASES. $700 FOR UNIT #1 & $1,450 FOR UNIT #2. VACANT UNIT #3 IS READY FOR IMMEDIATE MOVE-IN & SIMILAR FINISHED UNITS COMMAND ~$1,200. GROSS RENTS= $40,200 / EXPENSES=$16,496 / NET REVENUE=$23,704 / CAP RATE=10.09 / GRM=5.84 *** UNIT #2 REMODELED W/NEW KITCHEN, NEW WINDOWS, NEW FLOORING, NEW FURNACE & NEW HOT WATER HEATER IN 2016. BUILDING FEATURES NEWER ELECTRICAL SERVICE & BREAKER BOXES. SIDING, CONCRETE PAD IN PARKING AREA & SEWER LINE OUT TO STREET = 9 YEARS NEW. ROOF = 15 YEARS NEW. *** LIVE/INVEST IN THE HEART OF CHICAGO'S NEW CITY / BACK OF THE YARDS AREA W/EVERYTHING YOU NEED JUST MINUTES AWAY. *** DAVIS SQUARE PARK JUST A FEW BLOCKS AWAY W/SPORTS FIELDS, WALKING PATHS & GREEN SPACE & SHERMAN PARK ABOUT 5 MINUTES AWAY W/A BEAUTIFUL LAGOON, RECREATION CENTER & LANDSCAPED GROUNDS. *** SHOP AT NEARBY PETE'S FRESH MARKET ON 47TH, CERMAK FRESH MARKET ON PULASKI & LA HACIENDA PRODUCE FOR LOCAL SPECIALTIES. *** ENJOY POPULAR RESTAURANTS & CAFES SUCH AS BACK OF THE YARDS COFFEEHOUSE, NANDO'S TAQUERIA, LA CECINA, EL FAROL MEXICAN RESTAURANT, THE FAMOUS LOS COMALES & SO MUCH MORE. *** GET EVERYWHERE FAST: ~7 MINUTES TO I 90/94 DAN RYAN & ~10 MINUTES TO I 55. NEARBY TO CTA BUS ROUTES & THE 47TH STREET GREEN LINE STATION. ~15 TO 20 MINUTES TO DOWNTOWN & ~12 MINS TO MIDWAY AIRPORT. *** INCREDIBLE VALUE, CONVENIENCE & ACCESS FOR OWNER OCCUPANT LOOKING FOR AN AFFORDABLE UPDATED HOME & INCOME OR AN INVESTOR SEEKING STRONG RENTS & UPSIDE. *** PRO FORMA AVAILABLE UPON REQUEST - EASY TO SEE - SCHEDULE TO SEE TODAY - WON'T LAST LONG!

4311 S Wood Street, Chicago

$280,000
4 Beds 2 Baths 12483116 MLS CLOSED Status
Don't miss out on this beautifully maintained and spacious 4-bedroom, 1.5-bathroom, three-story home located in the heart of New City, Chicago. This charming single-family residence presents an incredible opportunity for first-time homebuyers or savvy investors seeking a move-in ready property with endless potential. As you step inside, you're welcomed by expansive living spaces featuring elegant mansion ecru oak waterproof laminate flooring throughout the entire first floor, creating a warm and inviting atmosphere. The home offers four generously sized bedrooms and 1.5 well-maintained bathrooms, complemented by a thoughtfully designed kitchen and dining room layout-perfect for both everyday living and entertaining. The lower level features a full unfinished basement, ideal for creating a family entertainment area, home office, recreational space, or workshop to suit your lifestyle. Additional highlights include a dedicated laundry room, mechanical room, updated HVAC system, modernized plumbing and electrical, as well as newer windows and roof. Step outside to enjoy a custom-built deck, ideal for hosting, overlooking a spacious and fenced backyard-perfect for summer gatherings and outdoor enjoyment. Conveniently located within walking distance to Dr. Nathan Davis Square Park, local schools, and public transportation, and just minutes from I-55, this home offers effortless commuting and easy access to all that Chicago has to offer. Come experience the comfort, space, and potential of this New City gem-schedule your showing today!

4513 S Wood Street, Chicago

$210,000
12344473 MLS CLOSED Status
This rare multi-unit building in Chicago's thriving Back of the Yards neighborhood is an investor's dream! Offering six spacious 2-bedroom, 1-bathroom units, plus a janitor's room and an apartment on the ground level, this property provides incredible income-generating potential. Whether you're looking to renovate for long-term tenants or convert into a high-yield rental, this is the perfect opportunity to build wealth through real estate. The property boasts a classic brick exterior, showcasing timeless Chicago architecture with large windows that bring in plenty of natural light. A fenced-in front yard adds privacy and curb appeal, while the spacious backyard provides room for outdoor seating, gardening, or additional storage. Situated in a highly accessible location, this property is just minutes from local parks, schools, shopping centers, and public transportation. The CTA Orange Line and multiple bus routes are nearby, making commuting a breeze. With close proximity to major expressways (I-55 and I-90/94), tenants can easily reach downtown Chicago, making this an ideal location for city workers and students alike. The area is undergoing continued development, increasing property values and investment potential. While the building needs some work, it is truly a diamond in the rough, offering endless possibilities to restore, upgrade, and maximize rental income. Whether you're a seasoned investor or looking to break into the rental market, this property is a rare find with unmatched potential. Don't miss out-schedule a showing today and bring your vision to life!

4548 S Marshfield Avenue, Chicago

$650,000
11937303 MLS CLOSED Status
We present the sale of this industrial/warehouse building opportunity. The subject property is located at 1335 West 47th Str., Chicago, IL 60609 (the "Property"). This is an urban industrial building located in Chicago's South Side dense "Back of the Yards" neighborhood. It features a three-story masonry-constructed building, 42,823 SF GLA including basement, and 14,474 SF or 0.33 AC site, a 10-foot clear ceiling, a flat-rubber roof, fixed insulated glass windows in aluminum frames and glass block, loading dock with two bays and masonry construction throughout all three floors and basement, and a single common freight elevator that feeds all four levels of the building. The subject property is zoned C3-3 (Commercial, Manufacturing, and Employment district). The building's first floor includes a small 600 SF office buildout. The remainder of the first floor has a relatively higher-end finish and is considered to be in good condition for industrial property. The basement unit is connected to all other floors via the common freight elevator and would have the same finish and utility to a typical occupant as the second and third floors. The basement, second, and third floors are in more or less average condition for this type of industrial property and are currently under-utilized as additional storage space for ownership. Easy access to I-90/I-94 and I-55 expressways, public transportation, the Loop, and Midway International Airport. The subject property is situated in a mixed commercial and residential city setting. Excellent opportunity for a user, investor, or developer.

1335 W 47Th Street, Chicago

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Back of the Yards, Chicago IL · Curated MLS Search

55+ Community Homes in Back of the Yards, Chicago IL

An editorially curated view of every active 55+ community homes listing in Back of the Yards, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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