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1617 S Central Park Avenue, Chicago
$325,000
9 Beds ⋅ 3 Baths ⋅ 12807402 MLS ⋅ NEW Status
Investor's Dream: Fully Updated Two-Flat with Income Potential in North Lawndale! This spacious brick two-flat in Chicago's vibrant North Lawndale neighborhood is a rare opportunity for investors seeking a turnkey rental property with excellent income potential. Currently generating rental income from both units, this property offers 9 bedrooms and 3 full bathrooms, providing ample living space for tenants or future expansion. Recent upgrades make this property stand out. Two brand-new furnaces were installed this year, with the system zoned for two (expandable to three) for optimal comfort and efficiency. The plumbing has also been fully updated, including a new hot water tank and main shut-off, while the second-floor unit has been completely remodeled with fresh finishes and modern updates. Major improvements include a 2024 roof replacement, a 2026 HVAC system upgrade, and a 2024 water heater replacement. While the basement still offers renovation potential, the rest of the property is move-in ready. Enjoy the convenience of a rear parking area for up to four vehicles, plus proximity to public transportation, shopping, dining, and major city routes. Don't miss your chance to own this well-maintained, income-producing gem in a sought-after location. Whether you're expanding your portfolio or securing a smart investment, this two-flat is a must-see! PROPERTY IS BEING SOLD AS-IS.

1617 S Central Park Avenue, Chicago

4448 S Princeton Avenue, Chicago
$325,000
8 Beds ⋅ 2 Baths ⋅ 12806832 MLS ⋅ NEW Status
Fantastic opportunity to own this spacious brick and vinyl 2-flat featuring two oversized 4-bedroom, 1-bath units in a convenient South Side location. Unit 1 has been thoughtfully updated with a new kitchen, vinyl flooring, fresh paint, ceiling fans, dishwasher, new HVAC and water heater, plus washer and dryer, making it an ideal owner's unit. Both units feature separate utilities, allowing tenants to pay their own gas and electric. The property offers solid rental income with additional upside, an unfinished full basement with storage potential, and low property taxes. Enjoy easy access to I-90/94, CTA, parks, and downtown Chicago, all within minutes. Whether you're looking to house hack or add a strong cash-flowing asset to your portfolio, this well-maintained 2-flat is an excellent opportunity.

4448 S Princeton Avenue, Chicago

3318 W Flournoy Street, Chicago
$325,000
5 Beds ⋅ 2 Baths ⋅ 12776067 MLS ⋅ ACTIVE Status
**Great Investment Opportunity Just Minutes from Downtown Chicago!** Discover the potential of this spacious **Brick Greystone two-unit property**, ideal for investors and owner-occupants looking to build equity or expand their real estate portfolio! This beautiful Chicago Greystone offers generous living spaces and extra-large bedrooms on both levels. The **second-floor unit features 3 bedrooms and 1 bathroom**, while the **first-floor unit offers 2 bedrooms and 1 bathroom with a duplex layout connecting to the unfinished basement**. Bring your vision and creativity to the basement, offering exciting possibilities for future improvements and customization, subject to applicable building codes and approvals. **Both units are currently vacant**, giving the next owner the flexibility to move right in, establish rental income, or make improvements to maximize the property's potential. With this unfinished Basement you can add an extra unit/rooms with your great ideas, nice high ceilings, very Spacious space, you will need to get that approved by if you want to legalize it, its up to you. The spacious open backyard offers additional possibilities for a newly constructed garage, concrete parking slab, or outdoor entertainment space. Conveniently located with access to downtown Chicago, major expressways, shopping, dining, and public transportation. Whether you're a seasoned investor looking to expand your portfolio or an owner-occupant interested in house hacking, this **Chicago Greystone** offers space, character, flexibility, and outstanding value-add potential. **Bring your ideas, explore the possibilities, and make this investment your own!**

3318 W Flournoy Street, Chicago

4925 S Justine Street, Chicago
$325,000
4 Beds ⋅ 2 Baths ⋅ 12673979 MLS ⋅ ACTIVE Status
Excellent opportunity to own this newly remodeled, turnkey frame 2-unit property located in the heart of Back of the Yards! Perfect for an investor looking for strong rental income or an owner-occupant looking to live in one unit and rent out the other. This property has undergone a recent rehab and features brand-new kitchen cabinets boasting modern finishes, completely updated contemporary bathrooms, and a freshly painted interior throughout. New Copper plumbing throughout, New HVAC. Every corner of this building has been refreshed, blending classic charm with stylish, modern upgrades. Move-in ready and easy to lease! Centrally located just one block east of Ashland Avenue and two blocks south of 47th Street, offering convenient access to local shopping, dining, and transit. Don't miss out on this pristine, cash-flowing multi-family gem-schedule your showing today!

4925 S Justine Street, Chicago

7430 S Evans Avenue, Chicago
$320,000
5 Beds ⋅ 2 Baths ⋅ 12778999 MLS ⋅ ACTIVE Status
This beautiful spacious 2-flat brick property for sale in Greater Grand Crossing offering an excellent opportunity for real estate investors, owner-occupants and buyers searching for a Chicago multi-family property with rental income potential. The first unit offers two bedrooms and one bathroom plus a basement that duplex down with additional room for more space with a washer and dryer. The second-floor unit features three bedrooms and one bathroom. The roof, hot water tank and furnace are approximately 5 years old. Rehab work was completed in 2021 and tuck point in 2026. There is a spacious backyard with a rear concrete pad for two car parking. Both units are occupied and leased for 1550 providing immediate rental income and room for increase.

7430 S Evans Avenue, Chicago

707 E 92Nd Place, Chicago
$320,000
6 Beds ⋅ 2 Baths ⋅ 12746308 MLS ⋅ ACTIVE Status
A well maintained 2flat offering a great opportunity for investors or owner occupants. Each unit features 3 bedrooms and 1 bath, a separate living room, formal dining room and eat-in kitchen. Both units are equipped with their own furnace, providing landlord convenience and control for each household. Recent interior upgrades add to the appeal and make this property a solid addition to any investment portfolio. The first floor unit is currently occupied and generates $1,385 per month in rental income, while the second floor unit is vacant and ready for a new tenant or other occupancy. This property also features a full unfinished basement that can be converted for additional tenant needs or residual income, along with a 2car parking pad in the rear.

707 E 92Nd Place, Chicago

13231 S Buffalo Avenue, Chicago
$319,900
5 Beds ⋅ 2 Baths ⋅ 12793429 MLS ⋅ ACTIVE Status
EXCELLENT INVESTMENT OPPORTUNITY- IDEAL FOR INVESTORS OR OWNER -OCCUPANTS! Welcome to this beautiful, well maintained and updated property offering excellent versatility and income potential. The main home features two bedrooms on the main level, an additional bedroom in the basement, one full bathroom, new flooring, ceiling fans, updated bathroom, and a new furnace.Adding even more value is the SEPARATE COACH HOUSE, Featuring two bedrooms, a kitchen, a living room,full basement, and laundry room. Weather you're looking to expand your investment portfolio, generate rental income,or live in one unit while renting the other,this property offers plenty of possibilities, Conveniently located just minutes away from schools,and parks. DONT MISS THIS OUTSTANDING OPPORTUNITY TO OWN A VERSATILE PROPERTY WITH INCREDIBLE POTENTIAL!

13231 S Buffalo Avenue, Chicago

8245 S Burley Avenue, Chicago
$319,900
8 Beds ⋅ 4 Baths ⋅ 12704547 MLS ⋅ ACTIVE Status
Excellent condition 3-unit building offering spacious apartments and strong income potential. Completely renovated in 2023, this well-maintained property features individual heating systems and is Section 8 compliant, making it an attractive option for investors seeking stable rental opportunities. The building includes two 2-bedroom, 1-bath units, with two units available for immediate occupancy, providing flexibility for owner-occupants or investors looking to establish market rents. Additional highlights include off-street parking in the rear and a highly functional layout designed for long-term tenant appeal. Incredibly priced and ready for its next owner. Easy opportunity to add to your portfolio. Won't last!

8245 S Burley Avenue, Chicago

8632 S Escanaba Avenue, Chicago
$319,000
6 Beds ⋅ 3 Baths ⋅ 12741705 MLS ⋅ ACTIVE Status
This property is an excellent opportunity for first time homebuyers who want an affordable path to homeownership. This three unit flat is located in a steadily improving neighborhood on the Southeast Side of Chicago and offers strong long term potential. Each unit includes appliances and features a comfortable two bedroom one bathroom layout. For first time buyers, this is an ideal chance to live in one unit and use the rental income from the other two units to help lower your mortgage. All three units are currently occupied by dependable tenants, which also makes this a solid option for investors seeking immediate rental income. The building provides spacious units and there is consistent rental demand in this area. As the neighborhood continues to improve, the property is well positioned for future appreciation. Whether you are purchasing your first home or looking to expand your real estate portfolio, this turn key three flat offers value, stability, and long term opportunity.

8632 S Escanaba Avenue, Chicago

4333 W Van Buren Street, Chicago
$315,000
5 Beds ⋅ 2 Baths ⋅ 12801197 MLS ⋅ ACTIVE Status
Opportunity awaits with this classic Chicago greystone two-flat in the heart of the West Side. Featuring 5 total bedrooms, 2 full bathrooms, and timeless masonry construction, this property offers strong potential for investors, owner-occupants, or those looking to add value through renovation. The building includes a full unfinished basement providing ample storage and future possibilities, along with a detached 3-car garage for added convenience. Situated on a standard Chicago lot, this property combines vintage character with income-producing potential. Conveniently located near public transportation, major expressways, parks, schools, and neighborhood amenities. Whether you're expanding your investment portfolio or searching for a multi-unit property with room to grow, this classic greystone presents a unique opportunity. Property is being sold as-is. Buyers are encouraged to conduct their own due diligence regarding all property details and conditions. Survey has been ordered on this property and is in possession of the seller. Please note, the survey revealed that the parcel to the east of the seller's property is not owned by the seller. Per the records that we have obtained, it appears that the City of Chicago owns that property. Tax bills have not been paid on the parcel. The seller's garage does encroach on the parcel to the east. The seller will take no action on this and the title company will not insure over this encroachment. Tankless water heater.

4333 W Van Buren Street, Chicago

7006 S Normal Boulevard, Chicago
$315,000
7 Beds ⋅ 3 Baths ⋅ 12742858 MLS ⋅ ACTIVE Status
Unlock the potential at 7006 S Normal Ave! This spacious multi-unit property presents an excellent opportunity for owner-occupants seeking the benefits of rental income or investors looking for their next value-add property. Featuring 7 total bedrooms and 3 full bathrooms, this property offers generous living space and plenty of potential. The kitchens and bathrooms were updated in 2025, and additional improvements include a newer roof and newer windows, providing a solid foundation for future enhancements. The basement offers tremendous possibilities and may be ideal for additional living space, storage, a designated laundry area, or other uses. Buyers may also explore the potential for an additional unit, subject to applicable zoning, permits, and City of Chicago requirements. Bring your vision and personal touch to further enhance the property and maximize its income-producing potential. Whether you're looking to occupy one unit while generating rental income from the others or expand your investment portfolio, 7006 S Normal Ave offers space, flexibility, and opportunity for future growth. Don't miss your chance to own a multi-unit property with income potential and room to add value!

7006 S Normal Boulevard, Chicago

5452 W Race Avenue, Chicago
$305,000
6 Beds ⋅ 2 Baths ⋅ 12781133 MLS ⋅ PRICE CHANGE Status
This beautifully updated property is located on a quiet, desirable City Block, offering a blend of modern elegance, generous living space, and investment potential. Both spacious three-bedroom units have been thoughtfully remodeled in recent years and feature: Stunning hardwood floors and contemporary finishes, beautifully updated bathrooms, convenient in-unit laundry, impressive custom kitchens with granite countertops, classic white shaker cabinetry, stylish backsplashes, stainless steel appliances, and modern range hoods and separate heat in each unit. Additionally, the property includes a spacious basement and attic, providing abundant storage and potential for future expansion. Please note the buyer should be aware that the second floor requires an exterior porch to be installed, and the first-floor porch needs to be replaced. FHA 203K, Cash or Conventional

5452 W Race Avenue, Chicago

4238 W Congress Parkway, Chicago
$304,900
6 Beds ⋅ 2 Baths ⋅ 12804389 MLS ⋅ ACTIVE Status
~ THE CASH COW!!!!! ~ INCOME-PRODUCING BRICK TWO-FLAT IN WEST GARFIELD PARK! Collect rent from day one with a long-term first-floor tenant who would love to stay, and put the vacant second-floor unit to work on your terms. This spacious brick two-flat features three bedrooms and one bath on each floor. The vacant unit gives the next owner the flexibility to move in, lease it out, or make updates before bringing it to market. Set on a residential block directly across from a neighborhood school, the property offers convenient access to public transportation, shopping, parks, and everyday amenities. Its classic brick exterior and spacious three-bedroom layouts make it a strong addition to an investment portfolio or an opportunity for an owner-occupant looking to offset expenses with rental income. The full unfinished basement is a standout feature with great possibilities. There's plenty of room to create dedicated storage, add laundry facilities, or explore finishing the space to add value. Investors may also explore separate utility metering and individual water heaters where feasible. Buyers should verify the feasibility of proposed improvements, utility changes, and future basement uses. Property is being sold AS-IS, subject to the existing tenancy. Buyer will assume responsibility for required City inspections, municipal compliance, property clean-out, and repairs. No survey or seller disclosures will be provided. Proof of funds or a lender preapproval letter must accompany all offers. Taxes will be prorated at 100%, and earnest money must be submitted in certified funds. Room counts, dimensions, lot size, and other property details are believed to be accurate but are not guaranteed. With rental income already in place and a vacant three-bedroom unit ready for your next move, this West Garfield Park two-flat gives you two ways to make the investment work for you.

4238 W Congress Parkway, Chicago

6639 S Rhodes Avenue, Chicago
$300,000
6 Beds ⋅ 2 Baths ⋅ 12807019 MLS ⋅ NEW Status
Brick 2-Unit Investment in Woodlawn: Short Sale Well-maintained brick 2-flat in Woodlawn with strong rental income potential. The building is vacant and ready for your plan, with an estimated after-repair value around $450,000 (estimate only, not guaranteed). The property needs basement repairs for mold remediation, which makes it a strong value-add opportunity for a quick flip or a long-term rental hold. UPDATES AND FEATURES - Newer roof - Good windows - Newer hot water tanks - Granite countertops throughout - Unit 1 (1st floor): laminate floors on the main level, ceramic tile on the lower level, and updated appliances - Unit 1 is duplexed down: bedroom, family room, laundry room, office, storage, and a play area, plus a walk-out basement - Unit 2: hardwood floors throughout - Back porch and yard with plenty of space to enjoy the outdoors LOCATION Close to Jackson Park, Hyde Park, the Dan Ryan Expressway, and public transportation, in an emerging, growing neighborhood. Property is subject to a short sale (lender approval required). Sold as-is. Buyer to verify all details, including condition and repair scope. Take a look at this investment.

6639 S Rhodes Avenue, Chicago

7524 S Wentworth Avenue, Chicago
$300,000
6 Beds ⋅ 3 Baths ⋅ 12797860 MLS ⋅ RE-ACTIVATED Status
Two units. More space. More possibilities. 7524 S Wentworth Avenue is a brick two-unit property with six bedrooms and three bathrooms across two separate residences. The spacious lower unit is a two-level duplex with four bedrooms and two baths. The upper unit offers two bedrooms and one bath. Both units have in-unit laundry, and the water heaters have been replaced. A three-car detached garage adds parking and storage. The lower unit is leased month-to-month at $1,850 per month, and the upper unit will be delivered vacant at closing. That makes this a fit for an owner-occupant who wants rental income or an investor adding to a portfolio. Both units could use some updating, so there's room to add value and build equity. The Red Line at 79th Street, a nearby bus stop, and quick access to the Dan Ryan Expressway make getting around easy. Sold as-is. Cash and fast-closing offers preferred. Seller is an Illinois licensed real estate broker.

7524 S Wentworth Avenue, Chicago

916 N Lavergne Avenue, Chicago
$300,000
5 Beds ⋅ 3 Baths ⋅ 12790958 MLS ⋅ RE-ACTIVATED Status
Brick 2-flat in Chicago's Austin neighborhood offering spacious living in both units, along with plenty of potential to make the property your own. The 1st-floor apartment features a living room, dining room, kitchen, 2 bedrooms, a full bathroom, and an enclosed porch. The 2nd-floor unit offers a living room, dining room, kitchen, 3 bedrooms, a full bathroom, and an enclosed porch. The mostly unfinished basement includes an additional full bathroom and awaits your ideas for future use. A nice-sized backyard and a detached 2-car garage complete the property. Conveniently located near shopping, public transportation, and everyday amenities. Cash or conventional financing only. No additional credits will be provided after contract acceptance. Confirmation of showing will only be for the first floor and basement. Please see pics of the second floor. Once a contract is submitted, the second floor and garage will be shown. Please do not lock the iron gate at the front of the property.

916 N Lavergne Avenue, Chicago

6758 S Hermitage Avenue, Chicago
$300,000
10 Beds ⋅ 4 Baths ⋅ 12612273 MLS ⋅ ACTIVE Status
An exciting opportunity to add value and grow your investment portfolio with this four-unit property situated on two lots! The building features a rented front first-floor unit with 2 bedrooms and 1 bathroom, a rear first-floor 2-bedroom, 1-bath unit that is currently gutted and ready for renovation, a second-floor 3-bedroom, 1-bath unit, and a third-floor 3-bedroom, 1-bath unit. The second- and third-floor units have recently been vacated, offering investors the opportunity to renovate, reposition, and maximize rental potential. Each unit has separate electricity and heating, and the property also includes an additional basement. Conveniently located near grocery stores, Miles Davis Magnet Academy, local businesses and just minutes from the Green Line. With four units, two lots, and plenty of potential to add value, this property is an opportunity worth exploring! Sold as-is.

6758 S Hermitage Avenue, Chicago

3000 W 41St Street, Chicago
$300,000
3 Beds ⋅ 1 Baths ⋅ 12764398 MLS ⋅ ACTIVE Status
Unlock the potential of this approximately 50' x 125' lot in Brighton Park, offering multiple possibilities for developers, investors, and owner-users. The property formerly operated as a bakery with an attached spacious 3-bedroom apartment next door. The former bakery space has been gutted by fire, creating an opportunity for a complete buildout, adaptive reuse, or redevelopment of the entire site. The property's generous lot size and gated exterior provide ample on-site parking, while the existing 3-bedroom apartment is currently rented, offering immediate rental income during the planning and development process. With its flexible layout, substantial lot, parking, and potential for new residential construction or a variety of redevelopment concepts, this property presents an attractive opportunity to capitalize on the continued growth and demand in Brighton Park.

3000 W 41St Street, Chicago



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