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$240,000
6 Beds 2 Baths 12536649 MLS CLOSED Status
INVESTOR OPPORTUNITY: Classic Brick Two-Flat Sold AS-IS AS-IS SALE PROPERTY HIGHLIGHTS: Welcome to a solid investment opportunity in Greater Grand Crossing! This classic 1923 brick two-flat offers 6 bedrooms, 2 bathrooms across two spacious 3BD/1BA units, plus a detached brick 2-car garage-all sitting on an extra-large lot with excellent bones and strong rental demand fundamentals. PROPERTY FEATURES: Two 3-bedroom, 1-bathroom units providing dual income streams Classic brick construction with timeless curb appeal and long-term durability Detached brick 2-car garage offering additional storage or parking income potential Oversized lot (33x125) providing expansion possibilities and valuable outdoor space Full unfinished basement ready for finishing or additional storage 14 total rooms across both units offering excellent rental value Prime location with convenient access to I-90/94, CTA Red Line, shopping, dining, and parks INVESTMENT POTENTIAL: This property is priced to provide room in your budget for value-add improvements. Greater Grand Crossing offers strong rental demand with accessibility to downtown, major transportation corridors, and neighborhood amenities. The dual-unit configuration is perfect for: Buy-and-hold investors seeking steady cash flow House hackers looking to live in one unit and rent the other Value-add investors ready to renovate and reposition Portfolio builders adding performing multi-family assets LOCATION ADVANTAGES: Situated in Greater Grand Crossing with excellent connectivity to downtown Chicago, CTA public transportation, local schools, parks, and shopping. The neighborhood provides an ideal combination of affordability and accessibility for tenants and investors alike. PROPERTY CONDITION & TERMS: SOLD STRICTLY AS-IS. Property is being sold in its current condition without warranties, guarantees, repairs, or representation as to accuracy of information provided. Buyer is responsible for all inspections, due diligence, and verification of property details. Seller will not provide any repair credits or make improvements prior to closing. This AS-IS pricing allows sophisticated investors to acquire below replacement cost with built-in equity potential. Updates and cosmetic improvements will immediately increase rental rates and overall property value. FINANCING SOLUTIONS AVAILABLE: Listing agent is a dual-licensed Real Estate Broker AND Mortgage Loan Officer (NMLS #2514797), offering multiple financing pathways including conventional, FHA, VA, portfolio loans, and DSCR investor financing. PROPERTY DETAILS: Year Built: 1923 Property Type: Two-Flat Multi-Family Total Bedrooms: 6 (3 per unit) Total Bathrooms: 2 (1 per unit) Lot Dimensions: 33 x 125 Basement: Full, Unfinished Garage: Detached Brick 2-Car Exterior: Brick Utilities: Separate (tenant-paid) Property Taxes: $4,640 (2023). The TV Show Chicago PD is filming an episode from 01/12/2026-01-15-2026 so we are off the market until 01/16/2026...

7236 S Michigan Avenue, Chicago

$282,000
7 Beds 3 Baths 12021295 MLS CLOSED Status
Wow! Jumbo, extra wide, 2 flat on historic King Drive. Seller will 3% closing credit! Inquire about a mortgage program with a discounted interest rate. 1st floor is rented for $1582.00 and the 2nd floor is VACANT and move in ready. The 1st floor is a HUGE DUPLEX DOWN with 4 bedrooms and 2 full bathrooms. The 2nd floor has been recently rehabbed! It has 3 very large bedrooms and 1 full bathroom - new flooring, freshly painted, 6 new windows, newer high efficiency furnace, newer appliances, bright and sunny - vacant and move in ready! The units have separate utilities, the 1st and 2nd floor have central air and heat with their own furnaces. There are also three water tanks (two are newer - 5 and 7 years old; one is 18 years old). The roof is 10 years old (silver coated); tuck pointing was done and new sump pump with a battery backup was installed 12 years ago. 1st floor unit is rented MTM for $1582.00, but could likely get more. Solid back porch and stairs that lead to a huge back yard - plenty of space to park cars and option to build a garage to increase rents. Very well maintained building with responsible landlord who took great care of the building. Come see for yourself!

7139 S King Drive, Chicago

$500,000
11631514 MLS CLOSED Status
Stunning, all brownstone and brick corner lot 6 flat in Greater Grand Crossing on a 125 X 50' double lot! This building and its extra full sized lot take up the entire block! 2 minutes to I-90 and 1-94! Completely rehabbed in 2015, all units have living room/dining room combos, spacious and sunny bedrooms and beautifully designed eat in kitchens and baths. There are no garden units, only first and second floor apartments! Use your full sized lot to build your next 6 flat or exterior parking spaces! The layout is as follows: Unit 619 1 & 2 and Unit 623 1 & 2 are 3 bed / 1bth. Unit 621 1 & 2 are 2 bed / 1bth. All tenants are up to date on rent and pay their own gas and electric bill and individual gas and electric meters, furnace and water heater. Units have central heat no central AC, window units only. Landlord only pays common electric meter for common hallway lights, there is no common gas meter. Immediate cash flow with NOI (including 5% vacancy): $48,488, GRM: 7.1, Cap rate 10. Easily Increase rents for an unbeatable asset in this quickly appreciating, very popular South Side neighborhood. AS IS SALE

619 E 74Th Street, Chicago



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