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$210,000
12182333 MLS ⋅ CLOSED Status
MoHall Commercial proudly presents this rare opportunity to acquire a 2,500 SF vacant medical office building in the heart of Morgan Park, one of Chicago's most accessible and evolving neighborhoods. Located just minutes from major expressways like I-57 and I-94, as well as public transportation options such as the CTA Red Line and multiple bus routes, this property ensures easy access for both clients and staff. The building, previously home to a successful dental practice, offers a flexible layout that includes private offices, a reception area, and on-site parking. Now vacant and ready for new ownership, it presents an excellent opportunity for healthcare providers, developers, or business owners looking to invest in a community ripe for revitalization. Morgan Park has seen an increased demand for redevelopment, with nearby commercial and residential properties benefiting from significant investment. This property is ideal for medical, wellness, or professional services and could also be reimagined as a mixed-use development to meet the needs of the growing local market. Its strategic location in a well-established neighborhood offers high visibility and close proximity to nearby hospitals, schools, and retail centers. The surrounding area is poised for growth, with many businesses and developers recognizing the potential of the community as a hub for new ventures. Don't miss this chance to bring your vision to life in a neighborhood that's embracing change and growth.

11000 S Halsted Street, Chicago
$165,000
6 Beds ⋅ 2 Baths ⋅ 12176931 MLS ⋅ CLOSED Status
Discover the potential in this classic grey stone building nestled in the vibrant West Garfield Park neighborhood of Chicago. This two-flat property is a perfect opportunity for investors looking to flip or renovate for rental income. Each unit boasts generous living spaces, featuring 3 bedrooms and 1 bathroom, providing ample room for families or young professionals. The building showcases charming original details, including high ceilings, hardwood floors, and vintage woodwork, all ready to be restored to their former glory. A large basement offers additional storage or the possibility for further development, maximizing your investment potential. Located near public transportation, parks, and local amenities, this property is in a growing area with increasing demand. With comparable properties in the area seeing significant appreciation, this is an ideal candidate for a savvy investor to transform and profit from. Bring your vision and creativity to this property and capitalize on the opportunity to create a stunning residence or profitable rental units. Schedule your showing today and start your next investment journey in West Garfield Park!

157 N Leamington Avenue, Chicago
$240,000
6 Beds ⋅ 3 Baths ⋅ 12159767 MLS ⋅ CLOSED Status
INVESTORS WELCOME - CASH ONLY Unlock the potential of this 3-unit brick building in vibrant Humboldt Park! With new construction and rehabbed properties nearby, this is a prime investment opportunity. Though in need of renovation, it offers a blank slate to make your mark. Each unit has 2 bedrooms, 1 bath, and a separate dining room. Live in one and rent out the others, or revamp the entire building. Sold as-is, with no repairs by the seller. Don't miss this chance to create value in a sought-after neighborhood!

1015 N Lawndale Avenue, Chicago
$271,800
5 Beds ⋅ 2 Baths ⋅ 12138233 MLS ⋅ CLOSED Status
Introducing a fantastic real estate opportunity in a highly sought-after neighborhood! This move-in ready two-unit property is a true gem. The seller has expertly preserved the old-world charm of beautiful wood accents while ensuring that the most important areas, the kitchen and bathroom, have been tastefully updated to meet modern standards. With this property, you have the perfect chance to live in one unit while renting out the other to help cover your mortgage expenses. It's a win-win situation that not only provides you with comfortable living space but also potential rental income. What sets this property apart is its location in a hot area with a track record of high comparables. Similar properties in the vicinity have sold for prices in the $400s, making this investment with a little more TLC even more appealing. Don't miss out on this opportunity to own a piece of real estate that combines classic charm with contemporary convenience in a thriving neighborhood!

6810 S Calumet Avenue, Chicago
$151,000
3 Beds ⋅ 2 Baths ⋅ 12102138 MLS ⋅ CLOSED Status
This home requires some TLC but offers major upside! Discover the untapped potential of this spacious brick bungalow, where over 1,900 sq ft await your personal touch. Located in the highly desirable South Shore neighborhood, this property features sunlit living and dining areas with gleaming hardwood floors, a charming sunroom, and an enclosed porch. The finished basement includes a legal bedroom and a half bath, providing flexibility and room for expansion. Recent updates, such as new windows (2018) and a roof tear-off (2020), ensure a solid foundation. The sizable backyard with a wooden deck is perfect for outdoor enjoyment. With comparable properties selling for over $290,000, the appreciation potential here is significant! Ideally positioned near Lake Michigan, bike paths, Jackson Park Golf Courses, and major highways, this home offers both convenience and opportunity. Priced to sell and offered "AS-IS" at a discount, the seller will not be making any repairs, so the ideal buyer should be prepared to close under these terms and handle necessary updates. This includes servicing or potentially replacing the furnace, installing metal drip flashing, adding a chimney cap, cleaning and flushing gutters and downspouts, and addressing garage electrical issues and exterior paint touch-ups. This could be an excellent FHA 203k purchase, allowing the bank to finance the repairs while the buyer customizes the home to their liking. The listing includes a 360 virtual tour, rendered photos, and a floor plan to help you envision the property's layout and rehab possibilities. Don't miss this chance to transform this property into your dream home or investment-schedule a showing today!

7920 S Euclid Avenue, Chicago
$400,000
6 Beds ⋅ 3 Baths ⋅ 12075165 MLS ⋅ CLOSED Status
INVESTMENT OPPORTUNITY!!! Legal 3 flat in hot Avondale neighborhood. Property is in need of significant repairs and ready for rehabilitation. Million $$$$ properties all around. Low rents due to long term month to month tenants. Convenient location close to the highway 90/94, Blue Line, restaurants, bars & entertainment spots. As Is condition, buyer to take on the responsability of the City of Chicago building violations. Please see list under additional information tab. Bring your contractors and ideas. ONLY CASH OFFERS!!

3136 N Ridgeway Avenue, Chicago
$455,000
7 Beds ⋅ 6 Baths ⋅ 12020593 MLS ⋅ CLOSED Status
**Captivating Investment Opportunity: 1880's Victorian & Brick Coach House** Welcome to a rare gem in the Kenwood/Hyde Park Community. Nestled on a sprawling 19,000+ square feet lot, this property presents an exceptional investment opportunity for savvy investors seeking prime real estate for development. **Property Highlights:** - **Historic Charm:** Built in the 1880s, the Victorian residence exudes timeless elegance, while the brick Coach House adds character and versatility to the property. - **Expansive Lot:** Spanning over 19,000 square feet, this sizable lot boasts a length of 284 feet, offering ample space for various development possibilities. - **Premier Location:** Situated in a coveted location, the property enjoys easy access to major amenities, renowned schools, and vibrant entertainment hubs, making it an ideal choice for prospective buyers. - **Alley Access:** With alley access on the entire east side and north end of the lot, developers have the convenience of easy ingress and egress for construction purposes, enhancing the appeal for potential projects. **Development Potential:** The generous lot size and strategic location make this property an excellent canvas for development projects such as: - **Row-Homes:** With the lot's dimensions, there's potential for the creation of row-homes, catering to the demand for upscale urban living. - **Condo Building:** Explore the possibility of constructing a modern condo building, offering luxury residences that capitalize on the area's desirability. - **Multi-Unit Development:** Utilize the vast space to develop a multi-unit residential complex, accommodating the growing demand for rental properties in the area. **Property Details:** - **Victorian Residence:** Offering approximately 5500 square feet of living space, the Victorian residence awaits restoration, presenting an opportunity to breathe new life into its historic charm. - **Brick Coach House:** Comprising approximately 3000 square feet, the Coach House provides additional space and potential for renovation or repurposing to suit your vision. **Renovation Opportunity:** While the Victorian and Coach House are in need of renovation, this presents a blank canvas for investors to reimagine and revitalize these structures, adding significant value to the property. **Don't Miss Out:** Rarely does an opportunity of this caliber present itself. Whether you're an experienced developer or an investor seeking to diversify your portfolio, this property offers endless potential and promises substantial returns on investment. Contact us today to schedule a viewing and unlock the possibilities that await with this remarkable real estate opportunity.

Chicago
$1,650,000
12005900 MLS ⋅ CLOSED Status
Investment opportunity with fully remodeled turnkey 8 unit brick building in Bronzeville neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to high efficiency individual HVAC (air compressors on the roof), a new roof, new 400-amp electric service, and updated plumbing, apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near downtown and expressways I-90/94 plus proximity to an abundance of shopping and retail in Bronzeville, Kenwood, and the Hyde Park neighborhoods. Some value add opportunities. Cash flowing asset. Interior photos will be added soon. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.

4723 S Forrestville Avenue, Chicago
$340,000
8 Beds ⋅ 4 Baths ⋅ 11993517 MLS ⋅ CLOSED Status
This impressive legal 3 unit was renovated in 2020. Property features beautiful hardwood flooring through on 1st and 2nd floors. The 1st floor boasts 3 bedrooms, living room, formal dining room, large eat-in kitchen and 2 full baths; the 2nd floor features 3 bedroom, living room, family room, formal dining room, large eat-in kitchen and 1 bath; the garden unit boast an open concept living room, dining room and kitchen with 2 bedrooms and 1 bath. The fully applianced kitchens are finished with premium cabinets, granite counter tops, and porcelain tiles; the bathrooms are fully updated in a contemporary style; windows are newer, updated electric, furnaces and hot water tanks are newer. Tenants pay heat, hot water and electric. 2nd floor and garden unit are vacant. Similar properties sold as high as $380K. (New appliances to be installed in 2nd floor kitchen prior to closing). Great owner occupancy or investment opportunity.

7120 S Emerald Avenue, Chicago
$185,000
7 Beds ⋅ 3 Baths ⋅ 11984449 MLS ⋅ CLOSED Status
Explore the immense potential of this expansive Englewood brick two-unit property, which sits vacant and ready for your vision. A virtual tour and rendered photos are included to better assist with visualizing the property's layout and rehab potential! Offering 3,186 square feet of finished living space across duplexed units, this property presents an incredible opportunity. The first-floor unit includes 3 bedrooms and 2 full bathrooms, duplexing into a finished basement with room for additional bedrooms. The second-floor apartment boasts 4 bedrooms and 1 bathroom, duplexing up into a finished attic. While some TLC is needed, the equity upside is substantial, with renovated similar properties selling for an average of $386,000 within a half-mile radius in the past 6 months, presenting over $200,000 of available equity upside. The rental income upside provides a great opportunity for an owner-occupied buyer to live in one unit while the tenant in the other unit covers the lion's share of the mortgage and building expenses. With rental income potential of up to $1,800 for a 4-bedroom unit and $1,600 for a 3-bedroom unit, this property is an excellent investment opportunity. Plus, enjoy the convenience of a 2-car garage. Don't miss your chance to explore the possibilities and schedule a showing today! *PROPERTY IS BEING SOLD "AS-IS" Owner is a licensed IL real estate agent.

722 W Marquette Road, Chicago
$365,000
12 Beds ⋅ 4 Baths ⋅ 11980552 MLS ⋅ CLOSED Status
An exceptional investment opportunity awaits in the thriving Woodlawn neighborhood. Explore this distinguished three-unit brick building, featuring fourth coach unit discreetly situated at the rear, perched above the garage. This property radiates immense potential, further accentuated by its recent roof membrane replacement. While the interior requires significant renovation, similar properties in the area command an impressive After Repair Value (ARV) of approximately $750,000. What truly sets this property apart is its prime location, offering close proximity to prestigious institutions such as The University of Chicago and The Obama Presidential Center. Additionally, residents can enjoy the recreational charm of the nearby Jackson Park Golf Course and the serene beauty of Lake Michigan, all easily accessible via the scenic route of Lake Shore Drive.

6039 S Eberhart Avenue, Chicago
$545,000
6 Beds ⋅ 3 Baths ⋅ 11955387 MLS ⋅ CLOSED Status
Great investment opportunity in super hot Logan Square on desired Bernard Street. This multi-unit property with a finished basement can be kept as a multi-unit or converted back to a single family property. Similar rehabbed properties in the area recently sold for over 1 million dollars. Property being sold as-is.

2416 N Bernard Street, Chicago
$160,000
6 Beds ⋅ 2 Baths ⋅ 11917074 MLS ⋅ CLOSED Status
Investment Opportunity: Spacious Multi-Unit Property with Great Potential Calling all investors and savvy buyers with an eye for opportunity! This massive multi-unit property boasts impressive features, making it a prime investment option. With towering 12-foot ceilings, formal living and dining rooms, this property offers excellent potential for those willing to roll up their sleeves and undertake a rewarding project. The first floor of the property features three bedrooms, while the second floor offers three to four bedrooms along with generously sized bathrooms. Additionally, the unfinished walkout basement holds significant untapped potential and can be creatively transformed into a duplex, seamlessly extending the first-floor living space. While both units require rehabilitation, the upside is substantial. Comparable properties in the area have shown strong after-repair values, indicating a lucrative opportunity for increased rental income and future returns. Don't miss out on this chance to invest in a promising real estate project with the potential for substantial rewards.

7809 S Morgan Street, Chicago
$975,000
5 Beds ⋅ 4 Baths ⋅ 11901872 MLS ⋅ CLOSED Status
Properties like this only come once in a lifetime. This hard to find, exceptional Logan Square brick three flat PLUS Coach House is every Buyer's dream, sitting on a massive DOUBLE LOT and fully owner occupied for almost 4 decades. Impeccably maintained, extensively updated and in pristine condition. Perfect for either investors or owner occupants to live in with extra income. The lot is 50 feet wide, featuring a side drive with new security gate, providing an extra large beautiful yard, perfect for entertaining with its multiple patios. Each unit has separate utilities with central heating. Property still has stunning original stained glass window in entryway, beautiful wood doors, built-ins and trim to perfectly compliment the modern updates. The 1st floor unit is a DUPLEX DOWN with formal dining & living spaces. The primary suite includes a big dressing room, whirlpool tub, steam shower and dual vanity. The 2nd floor unit has 3 bedrooms, a private balcony and extended steel deck off the remolded kitchen with spiral stair system to ground level patio! Unit 3 is the coach/ guest house. This super unique space features an open concept living area with exposed brick and lofted bedroom with sky lights & spiral staircase. All units have updated kitchens, updated baths, gas fireplaces and washer & dryers. The list of cool features and improvements is too long to list here. Must see in person to truly appreciate. Parking is no problem with detached 2 car garage. Large beautifully hardscaped & landscaped front & rear yards with mature trees. Located on a quiet residential tree-lined street with easy access to 90/94, Metra and the Blue Line. Short distance to Michelin rated fine dining, farmers markets, parks, coffee shops & breweries. Love where you live, or enjoy an investment property that your tenants/ guests will cherish. True unicorn property that's gorgeous inside and out!

2832 N Francisco Avenue, Chicago
$340,000
11894290 MLS ⋅ CLOSED Status
I am thrilled to introduce our newest commercial listing at 7304 S Union-a truly remarkable opportunity for savvy investors. This beautifully maintained 6-unit property exudes charm, from its stunning brick exterior to the gated entrance and inviting foyer. The potential for this property is boundless, and it can be acquired individually or as part of an enticing package with another investment gem at 7329 S Union (MLS #11894323). Opportunities like these are a rarity, and they won't stay on the market for long. Both properties are attractively priced, offering the chance to create robust rental streams of income. Don't miss out on this golden opportunity to elevate your real estate portfolio to new heights. Contact us today to seize this chance for financial success! As-is

7304 S Union Avenue, Chicago
$560,000
11891643 MLS ⋅ CLOSED Status
Proud to present 7100 S. Union Ave. a 14-unit multifamily property located in Chicago, IL. Heavy value-add 14 unit multifamily in the opportunity and enterprise zone in Englewood! (14) 2 Bedroom / 1 Bathroom apartments. 7 of the apartments are vacant. A new investor can make interior modifications to vacant units to raise the rents to market levels and transition occupied units as they become available. The hot water heater is relatively new, and the boiler is five years old. Located in the Englewood community, the property is strategically situated to take advantage of urban amenities, transportation links, and a growing local economy. The property is located in an opportunity zone. Located in Zone 6 of a Chicago Enterprise Zone Sales Tax Deduction Each retailer who makes a qualified sale of building materials to be incorporated into real estate in an enterprise zone established by a county or municipality under the Illinois Enterprise Zone Act by remodeling, rehabilitation or new construction, may deduct receipts from such sales when calculating the tax imposed by this Act. Real Estate Transfer Tax Exemption Commercial and industrial properties purchased within Enterprise Zones are eligible for an exemption from Chicago's Real Estate and Transfer Tax. Machinery and Equipment Consumables/Pollution Control Facilities Sales Tax Exemption A 6.25 percent state sales tax exemption on purchases of tangible personal property to be used in the manufacturing or assembly process or in the operation of a pollution control facility within an Enterprise Zone is available. Utility Tax Exemption A state utility tax exemption on gas, electricity and the Illinois Commerce Commission's administrative charge and telecommunication excise tax is available to businesses located in Enterprise Zones. Enterprise Zone Investment Tax Credit A state investment tax credit of 0.5 percent is allowed a taxpayer who invests in qualified property in an Enterprise Zone. Contribution Deduction Businesses may deduct double the value of a cash or in-kind contribution to an approved project of a designated Enterprise Zone organization from taxable income. The Englewood area has experienced a steady demand for rental properties, driven by its proximity to major employment centers and educational institutions. The property presents an attractive investment opportunity with the potential for rental income growth and property value appreciation over time. The Englewood community has been undergoing revitalization efforts, contributing to improved safety, infrastructure, and overall quality of life. The property benefits from excellent transportation links, with nearby access to bus routes and major roadways, enhancing its attractiveness to commuters.

7100 S Union Avenue, Chicago
$199,500
13 Beds ⋅ 3 Baths ⋅ 11868446 MLS ⋅ CLOSED Status
Great investment opportunity. This lot consists of 2 buildings. The front building A is a 5 bed/2 bath brick duplex with eat-in kitchen. The basement is unfinished, so their is some upside potential. The rear building B is a multi-unit (2/1 and 3/1). Both properties sold "as is". Proof of funds required prior to viewing. The front unit has long-term tenants. Building is CHA approved. Rear building is currently vacant. Seller is motivated. Initial showings for rear building as it is vacant. Serious buyers only. We prefer cash, but will consider financing for experienced lenders that can provide a rehab loan. Note both buildings need to be rehabbed.

3140 W Polk Street, Chicago
$480,000
8 Beds ⋅ 4 Baths ⋅ 11834368 MLS ⋅ CLOSED Status
Welcome to this exceptional investment opportunity! Presenting an all-brick 4-flat building that generates an impressive $50,000 in rental income annually. This property is a true gem, boasting four well-maintained 2-bedroom, 1-bathroom units, each designed with a spacious living room/dining room combo, and large eat-in kitchens adorned with elegant white cabinets. Enjoy the ease of ownership with "nothing to do but buy and start cash-flowing day 1!" All four units are rented with leased to section-8 tenants, offering an ideal investment for savvy investors looking for immediate returns. Moreover, this 4-flat offers a unique advantage of separate basements for each unit, providing additional space for tenants' storage needs. This thoughtful feature enhances tenant satisfaction and convenience, setting it apart from other properties in the area. Seize this incredible chance to close the deal and start collecting rent immediately! The property's robust rental income, combined with its turnkey condition, promises a seamless investment journey, whether you're a seasoned investor or entering the real estate market for the first time. This unique opportunity won't last long! Don't miss your chance to own a rock-solid, cash-flowing asset with tremendous potential for long-term growth. Act now and capitalize on this outstanding 4-flat building in a prime location. Reach out today to secure your future and embark on a rewarding investment venture! Tenant Pays Utilities.

122 N Menard Avenue, Chicago
$455,000
4 Beds ⋅ 2 Baths ⋅ 11813585 MLS ⋅ CLOSED Status
Welcome to 5633 N Austin Ave, a charming and well-maintained 2-unit building located on a 30' wide lot in vibrant Jefferson Park. This property presents an excellent opportunity for investors or multi-generational families seeking a comfortable and versatile living space. A fantastic investment property in the family since 1972. Both units offer spacious and inviting layouts. Upon entering each, you'll be greeted by a bright and airy living area with beautiful hardwood floors, perfect for relaxing or entertaining guests. Each home features 2 bedrooms and 1 bathroom, providing ample space for a growing family or accommodating roommates. The kitchens are thoughtfully designed with functionality in mind and newer modern LVT flooring. Additionally, there is access to a private backyard, ideal for outdoor gatherings and activities. Conveniently situated in the Jefferson Park neighborhood, this property benefits from its prime location in Chicago. Residents will appreciate the proximity to various amenities, including shops, restaurants, parks, and schools (across the street from the elementary school!), all within a short distance. Easy access to public transportation and major highways, allowing for seamless travel throughout the city and beyond. Only 15 minutes to O'Hare and 20 minutes to Downtown! Investment Potential: With its dual-unit setup, this building presents an attractive investment opportunity. The ability to generate rental income from both units provides a steady cash flow potential. Alternatively, occupying one unit while renting out the other can help offset mortgage costs. The strong demand for rental properties in this desirable location ensures a favorable return on investment. New Boiler 12/2019, Electrical panels 11/2020, Water heater 2018, Roof 2017, windows 2010, walls insulated 2008, copper piping. Hardwood floors refinished and LVT in kitchen 2019, various updates to apartments 2019-2021. Garage being conveyed As Is. Needs work, currently used for storage.

5633 N Austin Avenue, Chicago
$535,000
11811190 MLS ⋅ CLOSED Status
LOCATION**LOCATION** 3700 N Kedzie, BAR/PUB, Business and Brick, Two-Story Building for sale! Long-time neighborhood Bar/Pub on first floor with 3-Bedroom Apartment on second floor! Large Party Room at back of bar and beer garden out side. 2-Car Garage! Corner Location! Great Investment Property! 3702 N Kedzie Mixed use with Large dinning hall and 4 bedroom apartment above. Both properties can be purchased in a package deal. PLEASE DO NOT BOTHER TENNANTS!

3700 N Kedzie Avenue, Chicago
$770,000
11788199 MLS ⋅ CLOSED Status
Welcome to this exceptional opportunity to own a charming brick 8-unit property situated on a highly desirable block. This well-maintained building boasts an impressive array of features that make it a solid 10% cap investment for any discerning buyer. Comprising a total of eight 2-bedroom and 1-bathroom units, this property offers spacious and comfortable living spaces for tenants. The units have been meticulously cared for, showcasing the pride and dedication of the current owner. The interiors feature beautiful hardwood floors throughout, creating a warm and inviting atmosphere. The gas forced air system ensures efficient heating, while the separate utilities provide convenience and ease of management. All occupied units are occupied by CHA tenants. This arrangement guarantees a consistent and reliable monthly income. The CHA program provides secure rental payments and a steady source of income for property owners. One of the standout features of this property is the dedicated and reliable management team that is willing to stay on board for the new owner. This continuity ensures a seamless transition and peace of mind for those looking to invest in this property. Situated on a great block, this property enjoys a convenient and sought-after location. Residents have easy access to amenities, including shopping centers, restaurants, parks, and public transportation options. The surrounding neighborhood is known for its vibrant community and friendly atmosphere. Don't miss out on this incredible opportunity to acquire a well-maintained 8-unit brick property with stable CHA tenants and a strong rental history. Whether you're an experienced investor or a first-time buyer, this property offers the perfect combination of stability and future prospects. Act quickly, as properties like this do not stay on the market for long. Schedule your showing today and seize the chance to own this fantastic investment property.

5635 W Iowa Street, Chicago
$310,000
11776539 MLS ⋅ CLOSED Status
This newly renovated and remodeled mixed-use building has the potential to generate rental income from both the commercial space and residential units. The fact that the apartments are move in ready and currently unoccupied could be seen as an opportunity to attract new tenants at a higher rental rate than the previous ones. The occupied store front that is collecting rent provides an immediate source of income to the new owner or investor. The property could potentially be packaged with other properties, increasing the potential for rental income and investment return. Overall, this property presents a great opportunity for an investor or new homeowner to generate income from both commercial and residential rental spaces. Ask agent for listing more informaton about portfolio. They could be packaged or purchased individually.

817 W 59Th Street, Chicago
$190,000
8 Beds ⋅ 4 Baths ⋅ 11771780 MLS ⋅ CLOSED Status
Great Investment Opportunity in Woodlawn! This is a 4-unit apartment building located in a Special Opportunity Zone, meaning it has potential for big returns equity builder. The building is about 3,844 square feet and sits on a 6,176 square foot lot. It has a full basement that could be turned into another apartment. Located in the popular Woodlawn area, this brick building is perfect for investors looking for high rental demand. It has a new roof, windows, and stairs installed in 2023. However, it needs a lot of work to be livable. Currently, the building has four apartments. The new owner can remodel to create up to eight or ten bedrooms and four or five bathrooms. The seller is offering the property "As-Is," so buyers should be ready to do their own repairs and improvements. Similar properties in the area are priced around $765K, so this could be a very profitable investment. Don't miss out on this chance to own property in a hot market! For more details, contact the listing broker. Please note, the property has two PIN numbers. Buyers should do their own research before purchasing.

1421 E 69Th Place, Chicago
$240,000
6 Beds ⋅ 3 Baths ⋅ 11706838 MLS ⋅ CLOSED Status
Rarely available! This spacious, all-brick, corner 3-flat boasts large bedrooms and a partially-enclosed rear porch in all units, providing extra storage or closet space. The high first floor allows for the potential of additional living space at the basement level. Each apartment features separate HVAC units, as well as their own gas and electricity meters, ensuring convenience and autonomy for tenants. The property includes a 2-car garage that could be used for additional rental income. While the garage door may need replacement, this presents a perfect opportunity for customization. Nearby comparable properties show that the current rents are well below market value, presenting an excellent investment potential. Being sold as-is, this property offers a unique chance for those looking to seize an exciting real estate investment opportunity.

6927 S Prairie Avenue, Chicago



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