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$499,900
17 Beds ⋅ 6 Baths ⋅ 12757913 MLS ⋅ NEW Status
Rare opportunity on historic Garfield Boulevard! This impressive approximately 8,000-square-foot masonry property was previously deconverted from six units into three expansive residences, offering tremendous potential for an investor or developer ready to complete the transformation. The current layout features two 6-bedroom/2-bath units and one 5-bedroom/2-bath unit, providing approximately 17 bedrooms and 6 bathrooms overall. Significant renovation work has already been completed through the permitting process, including framing, plumbing, electrical, mechanicals, windows, and portions of drywall, paint, trim, and hardwood flooring. Generous room sizes, abundant natural light, original masonry character, and a massive lower level add to the property's appeal. Conveniently located near transportation, neighborhood amenities, and the Obama Presidential Center, this is an exceptional value-add opportunity to complete three oversized residences with strong long-term rental potential. Bring your vision and finish what has already been started! SOLD STRICTLY AS-IS. CASH OR INVESTMENT FINANCING ONLY.

1443 W Garfield Boulevard, Chicago
$495,000
12757232 MLS ⋅ NEW Status
Handyman Special!! 12-UNIT MULTI-FAMILY investment in Chatham neighborhood. Totally VACANT property allowing a developer or investor to come in and get to work immediately. This is an impressive corner masonry building with 3 separate tiers. Seller and Broker make no warranties or representations regarding condition. This is an AS IS sale for experienced investors. Buyer to assume all city violations if applicable. Cash or Hard Money only. Listing pictures are a small sample of the condition of parts of the property and do not represent the overall total condition of the property.

7954 S Harvard Avenue, Chicago
$129,999
6 Beds ⋅ 3 Baths ⋅ 12750695 MLS ⋅ NEW Status
***PROPERTY LOCATED IN THE BACK OF THE YARDS***READY FOR YOUR INVESTORS AND CASH BUYERS*** NEEDS SOME TLC AND ALL YOUR GREAT IDEAS*** SOLD AS-IS***CASH ONLY

4935 S Wood Street, Chicago
$154,900
3 Beds ⋅ 2 Baths ⋅ 12756137 MLS ⋅ NEW Status
Attention all investors and savvy home buyers! Add instant sweat-equity to incredibly charming 3-bed, 2-bath home in the heart of Englewood. This home has many recent updates and just needs TLC to shine. Conveniently located near schools, parks, shopping, and public transportation. Sold strictly AS-IS. No survey. Cash or renovation loans only. Water will not be activated due to missing plumbing.

1508 W 72Nd Street, Chicago
$229,900
4 Beds ⋅ 3 Baths ⋅ 12754903 MLS ⋅ NEW Status
Property requires a significant amount of work and updating and is being sold AS-IS. Cash or renovation loan only. Excellent opportunity for an investor, rehab buyer, or owner-occupant looking to renovate and add value. Space, Potential & Opportunity Await! Expansive 5-bedroom, 3-full-bath home offering three levels of living space, a flexible layout, and detached 2-car garage. Features include a spacious kitchen with granite countertops and stainless-steel appliances, multiple living areas, and a lower level with a bedroom, full bath, and private entrance. Recent improvements include a new roof (2024), new water line (February 2026), and new insulation (2026).

8618 S Aberdeen Street, Chicago
$159,900
3 Beds ⋅ 2 Baths ⋅ 12754694 MLS ⋅ NEW Status
ATTENTION INVESTORS AND SAVVY BUYERS! AMAZING OPPORTUNITY TO ACQUIRE A DIAMOND IN THE ROUGH. THIS DETACHED SINGLE-FAMILY HOME IS READY FOR YOUR REHAB IDEAS. BRING YOUR CONTRACTORS AND VISION TO REALIZE THIS PROPERTY'S TRUE POTENTIAL. EXCELLENT COMMUTER LOCATION WITH QUICK ACCESS TO LOCAL AMENITIES, SCHOOLS, AND TRANSPORTATION. BEING SOLD STRICTLY AS-IS. CONVENTIONAL OR CASH DEALS ONLY. DO NOT MISS OUT ON THIS HIGH-POTENTIAL INVESTMENT!

7529 S Emerald Avenue, Chicago
$179,000
3 Beds ⋅ 1 Baths ⋅ 12751657 MLS ⋅ ACTIVE Status
Unlock the potential in South Austin! This unfinished rehab project is a prime opportunity for investors looking to customize a brick beauty on a large, private lot. With a detached garage and a "hot" location, the fundamentals are all here. Bring your contractor and your vision to complete this transformation. Cash only or 203K loan. Strictly as-is. Act fast-opportunities like this in this neighborhood don't last!

4841 W Quincy Street, Chicago
$449,000
3 Beds ⋅ 1 Baths ⋅ 12749771 MLS ⋅ ACTIVE Status
LOCATION** LOCATION** LOCATION*** "Build New on Newcastle. An outstanding redevelopment opportunity on Chicago's Northwest Side, surrounded by established homes and exciting new construction-including beautiful new residences directly across the street. The existing single-family home has extensive damage and is being offered primarily for its land value. Ideal for a builder, developer or experienced investor ready to bring a new vision to this well-established neighborhood. Property is sold strictly AS-IS, with all remaining contents. Seller will make no repairs, provide no credits and remove no personal property. Buyer must independently verify zoning, lot dimensions, demolition requirements, building plans and intended use with the City of Chicago. Cash or appropriate construction financing only. Confirmed appointment required-do not enter the property without authorization."

5133 N Newcastle Avenue, Chicago
$125,000
1 Beds ⋅ 1 Baths ⋅ 12749478 MLS ⋅ ACTIVE Status ⋅ Winston Towers BLDG.
Bright 1BR/1BA condo with east-facing balcony in desirable West Rogers Parks Winston Towers complex! Approximately 750 square feet featuring wood-look floors, a large living room with sliding glass doors, separate dining room, and assessments that include heat and air conditioning. Enjoy the outdoor pool and leased garage parking (when available). Close to shopping, dining, and transportation. Building is currently not mortgageable; cash offers only.**

7033 N Kedzie Avenue Unit #303, Chicago
$599,000
9 Beds ⋅ 6 Baths ⋅ 12746844 MLS ⋅ ACTIVE Status
Great investment opportunity in Chicago's North Lawndale neighborhood! Newer-construction, legal 3-flat built in 2007 and fully occupied, offering immediate rental income from day one. Each spacious unit features 3 bedrooms, 2 full bathrooms, in-unit laundry, and nicely updated interiors. All three units have separate utilities, with tenants responsible for heat, gas, and electricity; owner pays water only. A solid opportunity for investors looking for an income-producing property with established tenants and minimal work needed. Take ownership and start enjoying the cash flow!

1632 S Homan Avenue, Chicago
$159,000
6 Beds ⋅ 2 Baths ⋅ 12745549 MLS ⋅ ACTIVE Status
Selling as is. 2 unit brick building. Gut rehab. Cash or hard money only. Private seller - fast closing. Bring flashlight. Regular closing no short sale or foreclosure. Property will sell with clean title, no back taxes and water at 0. Broker owned property. No survey.

837 N Lawndale Street, Chicago
$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
$300,000
5 Beds ⋅ 5 Baths ⋅ 12742949 MLS ⋅ CONTINGENT Status
Attention Investors & Rehabbers. A rare opportunity to bring your Skills and revive this Large home into a masterpiece in the highly sought-after Jackson Park Highlands. It offers so much potential with its 3 Levels of living plus a full Basement. This home has 5 bedrooms, 3 full baths, 2 half baths, a dining room, a large living room, and a family room. Home is in need of a complete gut rehab, including a roof. Fabulous location. It is near golf courses, the Obama Center, the lakefront, parks and the University of Chicago! Serious inquiries only, No Conventional Financing. CASH ONLY Preferred. Brokers, please see private Broker-Remarks.

7022 S Constance Avenue, Chicago
$159,999
5 Beds ⋅ 3 Baths ⋅ 12744934 MLS ⋅ ACTIVE Status
***** CASH OR RENOVATIONS LOANS ONLY ***** Approved Legal 3 unit!! Building consists of a total of 5 bedrooms and 3 bathrooms. On the first floor unit you will find an open concept kitchen/living room area along with 2 bedrooms, huge pantry, and 1 full bath.On the second level unit, you find another 2 bedrooms, 1 bath, with a full kitchen and living room. Downstairs in the ground unit you will find 1 huge bedroom, 1 full bath annd open layout kitchen/ living room Combined. Each unit has its own high efficiency furnace along with their own individual entrance and exits. There is an ample front yard, private balcony, and gated throughout! Located in highly incoming New city! Potential to earn 4K plus in monthly cash flow! LOW TAXES! PROPERTY WAS REHABBED IN 2022 WITH NEW KITCHENS, BATHROOMS, CENTRAL AIR SYSTEMS. Schedule your showing today! ***** CASH OR REHAB LOANS ONLY AS THERE ARE SOME CITY VIOLATIONS THAT WILL NEED TO GET ADRESSED*****

4329 S Wood Street, Chicago
$156,000
4 Beds ⋅ 3 Baths ⋅ 12743067 MLS ⋅ ACTIVE Status
Add instant sweat equity to this solid brick bungalow in the heart of South Shore!! This property offers a large sun-filled living room, formal dining room, eat-in kitchen, spacious bedrooms, a finished basement and detached 2-car garage. Prime location close to I-90, public transportation, and the lakefront! Sold strictly as-is. No survey. Utilities will NOT be activated. Cash or rehab loan only.

7927 S Ridgeland 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
$129,900
3 Beds ⋅ 3 Baths ⋅ 12741337 MLS ⋅ PENDING Status
WELCOME TO THIS BEAUTIFUL SUN BATHED 1ST FLOOR CONDO THAT FEATURES 3 GOOD SIZED BEDROOMS((IT ALSO HAS OFFICE ROOM) AND 3 FULL BATHS. THE CONDO HAS BEEN UPDATED IN 2023 - RE-SANDING OF THE HARDWOOD FLOORING / UPDATED STYLISH BATHROOMS WITH CERAMIC ACCENTS AND VANITIES. UPDATED KITCHEN WITH GRANITE COUNTER TOP/MATCHING STAINLESS STEEL APPLIANCES AND CERAMIC FLOORING. THE ENTIRE UNIT WAS PROFESSIONALLY PAINTED. THE CONDO ALSO FEATURES CENTRAL A/C AND RADIANT HEATING. NOTHING TO DO, THE UNIT IS IN MOVE IN CONDITIONS. WASHINGTON PARK IS ACROSS THE STREET . IT IS ALSO CLOSE TO THE MUSEUM OF SCIENCE AND INDUSTRY AND LAKE MICHIGAN. CALL YOUR AGENT TO SCHEDULE A SHOWING. THIS A TRUE BEAUTY NOTE: THE UNIT IS SELLING CASH ONLY AS IS CONDITIONS.

5150 S King Drive Unit #A1, Chicago
$575,000
8 Beds ⋅ 3 Baths ⋅ 12741013 MLS ⋅ ACTIVE Status
This spacious 8-bedroom, 3-bath multi-unit offers incredible space and major updates throughout! The first-floor unit features a duplex-down layout, plus the property boasts central air (2021), 200-amp electrical (2024), roof and siding (2020), oversized gutters, tankless water heater (2020), tuck pointing (2024), newer windows (2020/2024), and a new sump pump and support pillars. Enjoy the added bonus of being the only multi-unit on the block with a balcony! Located in a rapidly developing neighborhood surrounded by new construction, this is a great opportunity for an owner-occupant or investor looking to get into an area with exciting growth. Long term tenants and income-producing property generating approximately $4,700 in monthly cash flow. In October applications will open up to potentially buy the double lot right next door for ONLY 10% of purchase price which is $8,000. THIS COULD BE AN AMAZING OPPORTUNITY for an INVESTOR or owner occupy!

1121 N Lawndale Avenue, Chicago
$162,000
3 Beds ⋅ 2 Baths ⋅ 12740087 MLS ⋅ PRICE CHANGE Status
Selling as is. 3 bedroom 2 bath house. Full semi finished basement (1 full bath in the basement). Needs work. Cash or hard money only. Private seller - fast closing. Bring flashlight. Property taxes under $1700 a year, 1 pin. Regular closing no short sale or foreclosure. Property will sell with clean title, no back taxes and water at $0. Broker owned property. No survey.

10554 S Avenue L Street, Chicago
$125,000
4 Beds ⋅ 3 Baths ⋅ 12738507 MLS ⋅ ACTIVE Status
AMAZING OPPORTUNITY FOR YOUR NEXT INVESTMENT PROJECT! This spacious bungalow offers tons of potential and has already had some major work completed. The roof and gutters have been completed, and the interior has been framed for a 5-bedroom, 3-bathroom layout, giving the next owner a great head start on the renovation. The property will still require a full renovation and will not qualify for traditional financing. CASH, 203K, OR CONVENTIONAL REHAB LOAN ONLY. Great opportunity for an experienced investor looking to complete the project and maximize its potential.Property is being SOLD AS-IS. Seller will not make any repairs and no survey will be provided. Buyer is responsible for any and all violations, if applicable. Please use caution when showing.

8350 S Green Street, Chicago
$109,900
3 Beds ⋅ 1 Baths ⋅ 12739099 MLS ⋅ ACTIVE Status
INVESTOR/HANDYMAN SPECIAL! CHATHAM! BRICK HOME WITH 3 BEDROOMS AND A HUGE DEN ADDITION! CONVENIENT LIVING SPACE ALL ON ONE LEVEL! CORPORATE OWNED, SOLD AS-IS, CASH ONLY, NO SURVEY, 100% TAX PRORATIONS. EASY SHOW AND SELL!

9302 S Rhodes Avenue, Chicago
$399,000
12737167 MLS ⋅ ACTIVE Status
***PRIME 8-UNIT MIXED-USE INVESTMENT OPPORTUNITY WITH 2 STOREFRONTS*** Excellent opportunity to own a high-potential 8-unit mixed-use property featuring 2 commercial storefronts and 8 residential units. 7 of the 8 units are currently rented, providing immediate cash flow with additional upside through rental increases. This property offers strong income stability with long-term tenants in place and clear value-add potential. While the building needs some work, it presents the perfect opportunity for an investor looking to reposition and increase NOI. With strategic updates and management, rents can be brought to market rate to significantly enhance returns. The 2 storefronts offer excellent visibility and foot traffic, positioned next to established businesses, creating consistent exposure and demand. Ideal for Investor or 1031 Exchange Buyer. Whether you are looking to expand your portfolio or secure a mixed-use asset with upside potential, this property checks all the boxes. Serious inquiries only. Proof of funds required. This is an "as-is" sale.

509-511 E 79Th Street, Chicago
$164,900
3 Beds ⋅ 2 Baths ⋅ 12737048 MLS ⋅ PRICE CHANGE Status
Fantastic Value-Add Investment or Condo Alternative in West Garfield Park! Whether you are an investor looking for steady cash flow or a buyer seeking a smart alternative to condo living, this 3-bedroom, 1.5-bath single-family home offers strong upside. Uniquely situated at the back of the lot, the property features an exceptionally large front yard with landscaping or expansion potential. Inside, you will find charming original hardwood floors throughout. The location is steps from public transit and minutes to I-290. The property does need some TLC and is being sold AS-IS, but the seller is willing to provide a credit to accommodate repairs. Property Notes: Financing: Cash or Conventional only (Will not qualify for FHA). Occupancy: Currently occupied by a long-term tenant paying $1,200/month. Tenant is flexible and can stay for immediate cash flow or vacate for an owner-occupant. Parking: Ample street parking available (no garage).

4028 W Wilcox Street, Chicago
$129,900
3 Beds ⋅ 3 Baths ⋅ 12735335 MLS ⋅ ACTIVE Status
INVESTOR/HANDYMAN SPECIAL! BRICK CAPE COD ON A BEAUTIFUL BLOCK OF WEST PULLMAN IN A FANTASTIC POCKET! 3 FLOORS OF LIVING SPACE WITH A BATH ON EACH FLOOR! HARDWOOD FLOORS! CORP. OWNED, AS-IS SALE, CASH ONLY, NO SURVEY, TAXES 100%. EASY SHOW AND SELL!

12908 S Wallace Street, Chicago
$130,000
3 Beds ⋅ 1 Baths ⋅ 12734164 MLS ⋅ CONTINGENT Status
Attention experienced rehabbers and investors! This property presents an exceptional opportunity, though require some work. Buyers will be responsible for full property clean-out and any necessary repairs. The property is being sold strictly "as is," with no survey provided. All offers must include proof of funding and a pre-approval letter. All earnest money must be submitted in certified funds. Please note that the property details, including room count and lot size, are not guaranteed. The purchase options for this remarkable property are CASH, CONVENTIONAL, OR REHAB FINANCING ONLY. SCHEDULE YOUR APPOINTMENT TODAY!

8542 S Elizabeth Street, Chicago
$525,000
3 Beds ⋅ 2 Baths ⋅ 12733691 MLS ⋅ ACTIVE Status
Prime Budlong Woods! Great opportunity for Developers. Property is an estate sale and in need of significant, complete renovation. Property being sold in as is condition. Value is in the land. Property being sold in as-is condition. House as it stands has 3 bedrooms, 1.5 baths, finished lower level with cedar closet and fireplace. Cash offers only. Lot size 45X125 5625 Sq. Ft. New garage door and opener just installed. Please do not walk out on deck. In poor condition. SUPERB LOCATION--quick commute downtown near transportation, Swedish Covenant Hospital, River Park with swimming pool and tennis courts, Galter Life Center Health Club, Library, North Side College Prep HS, Restaurants, Shopping, Grocery and so much more!

2918 W Farragut Avenue, Chicago
$195,000
6 Beds ⋅ 4 Baths ⋅ 12733112 MLS ⋅ ACTIVE Status
*** Cash or Hard Money Offers Only! *** Investor Special - 4-Unit Multifamily Opportunity! Calling all investors and rehabbers! This 4-unit building is being sold As-Is and offers tremendous value-add potential. One unit is currently vacant and available for showings. Buyers may submit offers contingent upon inspection of the remaining three occupied units. Located near schools and within a desirable school district, this property presents an excellent opportunity for rental income growth and long-term appreciation. The interior requires TLC and updating, making it ideal for investors looking to renovate or tear down. New construction being built next door. 2-flats priced in the area in the high 400's. Bring your contractor, run your numbers, and take advantage of this opportunity before it's gone!

7230 S Wentworth Avenue, 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



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