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$315,000
4 Beds 2 Baths 12745377 MLS ACTIVE Status
Welcome to this spacious and versatile 2-story home in the highly sought after West Beverly neighborhood! This well-maintained and cared for home features 4 bedrooms plus a flexible a bonus room that can easily serve as a home office, playroom, gym, or even a 5th bedroom. The main level offers a welcoming enclosed front porch, living room, kitchen, full bathroom, and a convenient first-floor bedroom-ideal for related living or guests. Upstairs, you'll find three additional bedrooms, a second full bathroom, a second kitchen, and the bonus room, providing a unique layout with incredible flexibility for multi-generational living, extended family, or those looking for additional living space. Enjoy the bright rear mudroom/sunroom overlooking the backyard, an unfinished basement ready for your storage or future finishing ideas, a shared side drive leading to a detached 2.5-car garage, and a spacious back deck perfect for relaxing or entertaining. Major exterior updates have already been completed, including a newer roof, gutters, awnings and shingles (replaced within the last two years), giving buyers added peace of mind. While the interior offers its original charm, it presents the perfect opportunity for a new owner to update and customize the home to their own style and taste. This property has been successfully utilized as a 2-unit rental for 30 years, offering endless possibilities. Conveniently located near parks, schools, shopping, restaurants, and transportation, this home is packed with space, flexibility, and potential. Bring your vision and make it your own! Conventional financing and cash-only.

11236 S Talman Avenue, Chicago

$600,000
12742649 MLS ACTIVE Status
$600,000 INVESTMENT PACKAGE - THREE PROPERTIES BEING SOLD TOGETHER AS ONE PACKAGE! RARE OPPORTUNITY TO ACQUIRE MULTIPLE NEIGHBORING INCOME-PRODUCING AND VALUE-ADD PROPERTIES IN ONE TRANSACTION. ANCHORED BY THE CORNER PROPERTY AT 1801-1803 W 51ST ST, FEATURING 5 RESIDENTIAL APARTMENTS PLUS 2 STREET-LEVEL STOREFRONTS, HIGH-VISIBILITY CORNER EXPOSURE, AND A HUGE PARKING LOT IN THE REAR. RESIDENTIAL UNIT MIX CONSISTS OF (1) 1-BEDROOM, (3) 2-BEDROOM AND (1) 3-BEDROOM APARTMENT. THE APARTMENTS ARE CURRENTLY RENTED AND GENERATING INCOME, WHILE BOTH COMMERCIAL STOREFRONTS REQUIRE COMPLETE REHAB AND OFFER MAJOR UPSIDE FOR ADDITIONAL FUTURE INCOME. NEXT DOOR, 1805 W 51ST ST IS A COACH HOUSE FEATURING A 1-BEDROOM/1-BATH UNIT THAT IS CURRENTLY RENTED. DIRECTLY BEHIND THE CORNER PROPERTY, 5112 S WOOD ST IS A 2-UNIT BUILDING CONSISTING OF (2) 2-BEDROOM/1-BATH UNITS THAT REQUIRE COMPLETE REHAB. THIS PACKAGE OFFERS A UNIQUE COMBINATION OF EXISTING CASH FLOW, 8 TOTAL RESIDENTIAL UNITS, 2 COMMERCIAL STOREFRONTS, CORNER EXPOSURE, A LARGE REAR PARKING LOT, AND SIGNIFICANT VALUE-ADD POTENTIAL. IDEAL FOR AN INVESTOR OR DEVELOPER LOOKING TO RENOVATE, STABILIZE, INCREASE RENTS AND MAXIMIZE THE INCOME POTENTIAL OF AN ENTIRE GROUP OF NEIGHBORING PROPERTIES. SOLD AS A PACKAGE FOR $600,000 - CASH FLOW IN PLACE WITH SUBSTANTIAL UPSIDE! SERIOUS BUYERS ONLY. PROOF OF FUNDS REQUIRED PRIOR TO ANY SHOWING REQUEST BEING APPROVED. PLEASE DO NOT DISTURB TENANTS.

1801 W 51St Street, Chicago

$630,000
14 Beds 4 Baths 12730060 MLS ACTIVE Status
Exceptional investment opportunity at 720 W. 61st Street, Chicago, IL! This massive, fully renovated 4-unit building sits on a double lot on a quiet residential block and offers outstanding income potential for both investors and owner-occupants. The property features three spacious 4-bedroom units and one 2-bedroom garden apartment, providing highly desirable layouts with excellent rental appeal. Each unit has been thoughtfully renovated with new kitchen cabinets, stainless steel appliances, updated light fixtures, modern bathroom vanities, new flooring, beautifully refinished hardwood floors, and new interior doors. Significant capital improvements include two new hot water tanks, a recently serviced roof, new carpeting throughout the common areas, and a professionally waterproofed and freshly painted basement. The building has been well maintained and requires only minor TLC in portions of the common areas along with some tuckpointing. The rear porch has existing city violations that are not safety-related but will need to be brought into code compliance. Conveniently located near public transportation, schools, parks, shopping, and major expressways, this property offers the perfect combination of location, space, and value. With its extensive renovations, oversized units, double lot, and strong cash flow potential, 720 W. 61st Street presents a rare opportunity to own a turnkey multi-family investment in one of Chicago's established neighborhoods.

720 W 61St Street, Chicago

$619,000
7 Beds 4 Baths 12729584 MLS ACTIVE Status
Rare 4-Unit in the Heart of Pilsen! Exceptional investment opportunity on an approximately 25' x 125' corner lot (per survey) with RT-4 zoning (buyer to verify). Rare opportunity to acquire a legal 3-unit PLUS a separate coach house in one of Chicago's most sought-after investment neighborhoods. Coach house with front door direct access to Wood Street, allowing it to function much like a standalone single-family home. The front building offers a spacious first-floor duplex-down with soaring ceilings and finished lower level, a rear first-floor 2-bedroom with excellent duplex potential, and a bright, sun-filled second-floor 2-bedroom. The coach house features its own private entrance, lofted ceilings, a 2-bedroom/1-bath layout, and a full unfinished basement offering exceptional storage and future expansion potential. Substantially renovated in 2003, the property features separate electric service and HVAC for all four units. Additional improvements include a front building roof replacement (approximately six years ago) and a new furnace and central air system in the coach house (2025). Offered AS-IS, the property is ready for thoughtful updating and presents an outstanding value-add opportunity. Lovely long-term tenants provide stable in-place income while offering significant upside through future renovations, lease optimization, and rent growth. Current Gross Income: $44,280/year ($3,690/month) Current Rent Roll * Unit 1F: 1BR/1BA duplex-down | $1,100/month | Lease through 5/31/27 * Unit 1R: 2BR/1BA | $700/month | Month-to-month * Unit 2F: 2BR/1BA | $690/month | Month-to-month * Coach House: 2BR/1BA | $1,200/month | Month-to-month Three of the four units are month-to-month, providing immediate flexibility to implement a value-add strategy while maintaining current cash flow. Ideally located in the heart of Pilsen, just steps from the vibrant 18th Street corridor featuring neighborhood favorites including 5 Rabanitos, Los Comales, Pizza Nova, and Carniceria Maribel. Conveniently located near the CTA Pink Line, UIC, the Illinois Medical District, and Downtown Chicago. First showings by appointment only July 10, 11 & 12. Buyer to independently verify zoning, legal unit count, redevelopment potential, and all property information.

1801 W 21St Place, Chicago

$425,000
9 Beds 3 Baths 12724446 MLS ACTIVE Status
OWNER-OCCUPANT & INVESTOR VALUE-ADD OPPORTUNITY IN SOUTH SHORE! Not turnkey. Not overdone. Full of potential. This solid all-brick 3-flat offers approximately 3,200 sq ft, 9 bedrooms, 3 baths, separate utilities and a full basement-with an opportunity to create value through cosmetic renovation. Owner-occupants: Live in one unit while renting the other two, with anticipated rental potential of approximately $4,600/month from the two rented units, subject to market conditions and tenant demand. Investors: Three units create multiple income streams with anticipated rents of approximately $2,300 per unit, or $6,900/month when fully rented. The strategy is simple: BUY RENOVATE RENT BUILD EQUITY Financing options may include FHA 203(k), Conventional Rehab, Cash, or Hard Money, subject to lender/investor approval, property eligibility, borrower qualifications and applicable loan terms. Located in South Shore amid significant public and private investment, including INVEST South/West, the Obama Presidential Center, THRIVE Exchange and 71st Street corridor investment. Future impact is not guaranteed, but the level of investment makes this an opportunity worth a closer look. This is where the opportunity begins: bring your vision, improve the property and create the value. Short sale. Sold AS-IS. Subject to lender approval. If you're looking for a property where the upside comes from what YOU do with it, don't let this one pass without running the numbers. Anticipated rents are estimates for illustrative purposes only. Actual rents, expenses, renovation costs and values may vary. Financing is subject to lender approval, borrower qualification, property eligibility and applicable terms. Buyer to independently verify all information and projections.

7544 S Essex Avenue, Chicago

$380,000
9 Beds 4 Baths 12720583 MLS ACTIVE Status
Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!

8757 S Marquette Avenue, Chicago

$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

$325,000
2 Beds 1 Baths 12704873 MLS CLOSED Status
Welcome home to this beautifully maintained, freshly painted, 2-bedroom, 1-bath condo in desirable Irving Park. Combining timeless finishes with exceptional outdoor space, this move-in-ready home offers the perfect blend of comfort, style, and convenience. The sun-filled, open floor plan with 9' ceilings is designed for effortless everyday living and entertaining. The spacious kitchen features 42-inch cabinetry, granite countertops, a stone tile backsplash, stainless steel appliances, disposal, and space for a 4 person high-top table. The updated bathroom (Aug 2021) showcases classic white subway tile, a brand-new tub/shower, combo and fresh, modern finishes. In-unit laundry adds everyday convenience, while your own expansive 24' x 8' private deck provides an incredible outdoor retreat-perfect for morning coffee, al fresco dining, grilling, or relaxing with friends. Set on a quiet, tree-lined street, this home is just minutes from neighborhood favorites including restaurants, cafes, breweries, boutiques, and grocery stores. Enjoy easy access to Horner Park, the scenic 312 RiverRun Trail, the CTA Blue Line, Addison bus, and nearby expressways, making commuting downtown or to O'Hare a breeze. Experience the charm of Irving Park with all the dining, shopping, and entertainment options of neighboring Avondale, St Ben's, and Roscoe Village. Dog/Cat-friendly building (2 pet limit, per unit). Storage unit included; approximately 4' x 4' x 8'. Easy, free, and abundant street parking. Investor friendly--Only 2/11 units are rented--82% owner occupied. Taxes $3286/YR with homeowners exemption. Low assessments: $200/MO-include water, garbage, recycling, common area maintenance, and reserve funding. Approx 60k in cash, operating accounts, and reserves-very well run, self-managed HOA. This is North Side living at its best!

3049 W Grace Street Unit #1, Chicago

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Chicago, IL · Curated MLS Search

Cash Only Homes in Chicago, IL

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

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