The “Two Flat” is a major part of Chicago history. One of the most common real estate options on the market, a 2 Flat is a two-story building with a legal apartment on each floor.
Many of them were built as far back as the 1910s and continue to be a mainstay of neighborhoods like Avondale, Bridgeport, Brighton Park, and Humboldt Park. While some have been converted to single-family homes or knocked down in favor of high rises, buying a 2 Flat in Chicago continues to be an excellent investment choice.
#1 Rule of Real Estate: Location, Location, Location
2 Flats currently make up about 30% of the city’s real estate market. In fact, the term itself is pretty much exclusively used in Chicago. With so many options to choose from, how do you know which 2 Flat is right for you?View More