Chicagorealestatesource.com Search Results

$1,150,000

7001 S Vernon is a South Side Chicago multifamily asset positioned as a value-add rental opportunity. Very well-maintained brick building with many recent updates done, including new boiler; lintel and brick replacement; roof replacement/repairs and unit updates. The building has 13 existing apartment units, including one vacant garden unit, plus a 14th garden unit, subject to buyer verification of zoning, code, life safety, egress and permitting requirements. 2-car garage can be also rented. It is used for storage now.

12681072 MLS ⋅ ACTIVE Status

7001 S Vernon is a South Side Chicago multifamily asset positioned as a value-add rental opportunity. Very well-maintained brick building with many recent updates done, including new boiler; lintel and brick replacement; roof replacement/repairs and unit updates. The building has 13 existing apartment units, including one vacant garden unit, plus a 14th garden unit, subject to buyer verification of zoning, code, life safety, egress and permitting requirements. 2-car garage can be also rented. It is used for storage now.

7001 S Vernon Avenue, Chicago

$175,000

Investor's Dream - Full Gut Rehab in Greater Grand Crossing! Unlock endless potential with this classic 2-flat Greystone in Chicago's vibrant Park Manor neighborhood. Whether you're a seasoned investor or an ambitious buyer, this gem offers limitless possibilities to maximize your returns. Add a third unit by converting the walk-out basement into an income-generating apartment and transform this property into a true moneymaker. Exuding timeless charm with its historic facade and solid structure, each unit boasts 3 spacious bedrooms, elegant formal living and dining rooms, and eat-in kitchens with walk-in pantries. Original hardwood floors throughout are ready to be restored to their former glory, adding unmatched character to every inch of this property. The full walk-out basement is bursting with potential for additional living space, creating the perfect opportunity for multi-family living or rental income. With estimated rental earnings of $4,800 monthly-equivalent to an impressive $57,600 annually-this property is primed for substantial financial gain. The expansive side lot is an entertainer's paradise, ideal for gatherings, grilling, or creating a lush retreat, while the 2-car garage ensures convenience and added value. Strategically located in the Greater Grand Crossing community, this property is close to schools, parks, public transportation, and shopping, making it a prime location for tenants or homeowners alike. Whether you envision flipping it for profit, renting it out for steady income, or restoring it to perfection, the possibilities here are truly boundless. Don't miss the chance to turn your vision into reality with this once-in-a-lifetime investment opportunity. Schedule a showing today and start building your future!**********SOLD BEFORE PRINT*****************

9 Beds ⋅ 3 Baths ⋅ 12607373 MLS ⋅ CLOSED Status

Investor's Dream - Full Gut Rehab in Greater Grand Crossing! Unlock endless potential with this classic 2-flat Greystone in Chicago's vibrant Park Manor neighborhood. Whether you're a seasoned investor or an ambitious buyer, this gem offers limitless possibilities to maximize your returns. Add a third unit by converting the walk-out basement into an income-generating apartment and transform this property into a true moneymaker. Exuding timeless charm with its historic facade and solid structure, each unit boasts 3 spacious bedrooms, elegant formal living and dining rooms, and eat-in kitchens with walk-in pantries. Original hardwood floors throughout are ready to be restored to their former glory, adding unmatched character to every inch of this property. The full walk-out basement is bursting with potential for additional living space, creating the perfect opportunity for multi-family living or rental income. With estimated rental earnings of $4,800 monthly-equivalent to an impressive $57,600 annually-this property is primed for substantial financial gain. The expansive side lot is an entertainer's paradise, ideal for gatherings, grilling, or creating a lush retreat, while the 2-car garage ensures convenience and added value. Strategically located in the Greater Grand Crossing community, this property is close to schools, parks, public transportation, and shopping, making it a prime location for tenants or homeowners alike. Whether you envision flipping it for profit, renting it out for steady income, or restoring it to perfection, the possibilities here are truly boundless. Don't miss the chance to turn your vision into reality with this once-in-a-lifetime investment opportunity. Schedule a showing today and start building your future!**********SOLD BEFORE PRINT*****************

7206 S Champlain Avenue, Chicago

$430,000

This beautifully maintained 6-unit building in the heart of Greater Grand Crossing offers the perfect chance to live in one unit and let your tenants pay the mortgage. With (3) 2 bed / 1 bath and (3) 1 bed / 1 bath units plus a garden apartment, this property provides flexibility and value for today's savvy buyer. Move into the spacious third-floor owner's unit and enjoy the pride of ownership while collecting reliable rental income. Whether you're seeking an investment that grows with you or a place to call home while building wealth, this property delivers endless opportunity in a strong Chicago neighborhood. Long-term tenants - several have been in place for nearly 20 years. Brand new roof (2024). Porch rebuilt (2022). Gas boiler & water heater in excellent condition. 3-car brick garage, secure wrought-iron fence, and laundry area. Excellent location near I-94, the Red Line, and CTA bus routes - making commutes downtown a breeze.

12469671 MLS ⋅ CLOSED Status

This beautifully maintained 6-unit building in the heart of Greater Grand Crossing offers the perfect chance to live in one unit and let your tenants pay the mortgage. With (3) 2 bed / 1 bath and (3) 1 bed / 1 bath units plus a garden apartment, this property provides flexibility and value for today's savvy buyer. Move into the spacious third-floor owner's unit and enjoy the pride of ownership while collecting reliable rental income. Whether you're seeking an investment that grows with you or a place to call home while building wealth, this property delivers endless opportunity in a strong Chicago neighborhood. Long-term tenants - several have been in place for nearly 20 years. Brand new roof (2024). Porch rebuilt (2022). Gas boiler & water heater in excellent condition. 3-car brick garage, secure wrought-iron fence, and laundry area. Excellent location near I-94, the Red Line, and CTA bus routes - making commutes downtown a breeze.

7035-37 S Indiana Avenue, Chicago

$170,000

Unlock the full potential of this 3-unit apartment building primed for a full gut rehab. Each spacious unit features 3 bedrooms and 1 bathroom, large living rooms with original decorative fireplaces, and open kitchen/dining room layouts. A brand new rear porch has already been constructed, and each unit is designed to include in-unit laundry. The heavy lifting has been started-plumbing and electrical systems have been completely removed, leaving all walls open and accessible for easy replacement. This blank canvas allows your contractors to move quickly and efficiently through the rehab process. Once completed, this property could be transformed into a true income-producing asset with gross rent potential over $5,000/mo. The property also features a 3-car garage and sits on a solid brick foundation. Whether you're an investor or rehabber looking for your next project, this is your chance to breathe new life into a well-laid-out building in a high-demand rental area. Sold as-is. Bring your vision, your contractor, and an offer.

9 Beds ⋅ 3 Baths ⋅ 12434157 MLS ⋅ CLOSED Status

Unlock the full potential of this 3-unit apartment building primed for a full gut rehab. Each spacious unit features 3 bedrooms and 1 bathroom, large living rooms with original decorative fireplaces, and open kitchen/dining room layouts. A brand new rear porch has already been constructed, and each unit is designed to include in-unit laundry. The heavy lifting has been started-plumbing and electrical systems have been completely removed, leaving all walls open and accessible for easy replacement. This blank canvas allows your contractors to move quickly and efficiently through the rehab process. Once completed, this property could be transformed into a true income-producing asset with gross rent potential over $5,000/mo. The property also features a 3-car garage and sits on a solid brick foundation. Whether you're an investor or rehabber looking for your next project, this is your chance to breathe new life into a well-laid-out building in a high-demand rental area. Sold as-is. Bring your vision, your contractor, and an offer.

6810 S Indiana Avenue, Chicago

$180,000

INVESTOR SPECIAL! FULLY VACANT & READY FOR RENOVATION! Solid brick 3-unit plus basement apartment - each unit offers 3 bedrooms and 1 bath. Includes a 3-car brick garage. Located in a fast-growing neighborhood with tons of new development. Steps to stores, schools, train, and expressways! Sold As-Is - huge upside potential!

12 Beds ⋅ 4 Baths ⋅ 12349915 MLS ⋅ CLOSED Status

INVESTOR SPECIAL! FULLY VACANT & READY FOR RENOVATION! Solid brick 3-unit plus basement apartment - each unit offers 3 bedrooms and 1 bath. Includes a 3-car brick garage. Located in a fast-growing neighborhood with tons of new development. Steps to stores, schools, train, and expressways! Sold As-Is - huge upside potential!

6808 S Indiana Avenue, Chicago

$569,000

Introducing an ALL NEW Greenline Homes just right sized two flat, your gateway to Modern Living! This all new design is a perfect fit for both multi generational living or as an opportunity to own with income. Upstairs, a spacious, two-bedroom, two-bathroom unit, with an open layout and modern design. This unit duplexes down into a versatile family room on the front portion of the main level. The main level does double duty as the rear portion of the main level is a separate one-bedroom, one-bathroom apartment that offers the opportunity for additional income or related on-grade living. This unit opens to the private rear yard and included 2 car garage with EV ready charging. Enjoy the benefits of excellent indoor air quality, perfect comfort, and a quiet, peaceful environment. Built with sustainability in mind, this home features state-of-the-art mechanical systems, enhanced insulation, and airtight construction and is being built to Department of Energy ZERH guidelines. And the best part? Solar PV panels are included with the sale, ensuring ultra-low utility bills and a greener footprint. Don't miss out on this incredible opportunity to own an ultra-comfortable, modern, affordable, low-maintainance, energy-efficient home that has a lower total cost of ownership! Schedule a tour of the jobsite and a model home, delivery scheduled for Summer 2025.

3 Beds ⋅ 3 Baths ⋅ 12260811 MLS ⋅ CLOSED Status

Introducing an ALL NEW Greenline Homes just right sized two flat, your gateway to Modern Living! This all new design is a perfect fit for both multi generational living or as an opportunity to own with income. Upstairs, a spacious, two-bedroom, two-bathroom unit, with an open layout and modern design. This unit duplexes down into a versatile family room on the front portion of the main level. The main level does double duty as the rear portion of the main level is a separate one-bedroom, one-bathroom apartment that offers the opportunity for additional income or related on-grade living. This unit opens to the private rear yard and included 2 car garage with EV ready charging. Enjoy the benefits of excellent indoor air quality, perfect comfort, and a quiet, peaceful environment. Built with sustainability in mind, this home features state-of-the-art mechanical systems, enhanced insulation, and airtight construction and is being built to Department of Energy ZERH guidelines. And the best part? Solar PV panels are included with the sale, ensuring ultra-low utility bills and a greener footprint. Don't miss out on this incredible opportunity to own an ultra-comfortable, modern, affordable, low-maintainance, energy-efficient home that has a lower total cost of ownership! Schedule a tour of the jobsite and a model home, delivery scheduled for Summer 2025.

6832 S Langley Avenue, Chicago

$209,600

Two unit building located on an amazing block. The building has a 2 bedroom and a 3 bedroom apartment, the basement has a finished recreation area with full bathroom, laundry room, utility room, and 2 storage rooms. The first floor apartment enclosed back porch area is heated great for an office or sitting area. The second floor apartment enclosed porch area is not heated. Both apartment are livable, but they are in need of updating. 1 1/2 car garage need repairing. Large fenced backyard great for gathering with friends and family. This building is price to sell so schedule your appointment today.

5 Beds ⋅ 3 Baths ⋅ 12199730 MLS ⋅ CLOSED Status

Two unit building located on an amazing block. The building has a 2 bedroom and a 3 bedroom apartment, the basement has a finished recreation area with full bathroom, laundry room, utility room, and 2 storage rooms. The first floor apartment enclosed back porch area is heated great for an office or sitting area. The second floor apartment enclosed porch area is not heated. Both apartment are livable, but they are in need of updating. 1 1/2 car garage need repairing. Large fenced backyard great for gathering with friends and family. This building is price to sell so schedule your appointment today.

7216 S Michigan Avenue, Chicago

$660,000

Everybody wants Chatham, but only a few properties come up for sale that are in the heart of Chatham between State and King Drive. This 8-unit gem has been owned by one family since 1956. Has spacious units with dining rooms and large kitchens. There are 4 - 2 bedroom units and 4- 1bdrm units. Most units have dining rooms. Not found in the average commercial buildings. This property was built for family living. Has 4 car garage and ample rear yard for those lazy summer outdoor activities. Let's talk... This is a great building for a family or for an investor looking to get maximum return on investment. Cause everybody want to live in a community that shows the pride of ownership. Let's be clear, the current rents do not reflect earning potential because of long term tenants. The heirs have decided to give another owner the experience and pleasure of Chatham ownership. A Quiet block, close to schools, shopping and transportation. This is the heart of Chatham. A great place to raise a family or spend your retirement. No problem getting good tenants in this area. Come and see why Chatham is the most desirable far southside community in Chicago. This is an area with long term tenants and owners where neighbors really know each other. Buyers must be pre-qualified. No offer accepted without lender approval . This is not your typical apartment building. This property has been lovingly cared for by one family for more than sixty years. Roof was recently re-coated as part of regular maintenance program. Got a big family? This building is the answer to a prayer. This could be your ticket to generational wealth building.

12192590 MLS ⋅ CLOSED Status

Everybody wants Chatham, but only a few properties come up for sale that are in the heart of Chatham between State and King Drive. This 8-unit gem has been owned by one family since 1956. Has spacious units with dining rooms and large kitchens. There are 4 - 2 bedroom units and 4- 1bdrm units. Most units have dining rooms. Not found in the average commercial buildings. This property was built for family living. Has 4 car garage and ample rear yard for those lazy summer outdoor activities. Let's talk... This is a great building for a family or for an investor looking to get maximum return on investment. Cause everybody want to live in a community that shows the pride of ownership. Let's be clear, the current rents do not reflect earning potential because of long term tenants. The heirs have decided to give another owner the experience and pleasure of Chatham ownership. A Quiet block, close to schools, shopping and transportation. This is the heart of Chatham. A great place to raise a family or spend your retirement. No problem getting good tenants in this area. Come and see why Chatham is the most desirable far southside community in Chicago. This is an area with long term tenants and owners where neighbors really know each other. Buyers must be pre-qualified. No offer accepted without lender approval . This is not your typical apartment building. This property has been lovingly cared for by one family for more than sixty years. Roof was recently re-coated as part of regular maintenance program. Got a big family? This building is the answer to a prayer. This could be your ticket to generational wealth building.

7301 S Michigan Avenue, Chicago

$435,000

Come check out this beautifully renovated and meticulously designed 2-unit apartment building. Boasting modern luxury throughout and located on the Southside of Chicago, near the I290 Dan Ryan. This multi-unit offers a unique design for homeowner or investors looking to live in one unit and rent the other out the other, or rent them both out as a passive investment, either way this is a WIN-WIN situation. The exterior of the building showcases amazing curb appeal, advertising the facade features a tasteful combination of brickwork and fresh paint, accentuated by large energy-efficient windows that allow abundant natural light to filter through. There are two spacious units which offer two (2) bedrooms in each unit, the 1st floor duplexes down to two (2) addtl bedrooms and another bath, making this a four (4) bedroom/2bath unit, with an extra living space for entertaining and washer and dryer for the Buyers convenience. Each unit features gleaming hardwood floors which run throughout, with a formal dining room! The gourmet kitchen features state-of-the-art stainless-steel appliances, sleek granite countertops, modern backsplash, and beautifully designed 42'inch cabinets. A fully renovated and modernized bathroom for the convenience of the residents and guests and it's on furnace and water tank. The basement has been elegantly designed with recessed lighting and durable flooring, ensuring a seamless continuation of the building's upscale ambiance. All new plumbing and electrical throughout. The rear of the building houses a large fenced in backyard and a new 2-car garage. This property has so much to offer, don't miss your chance to make this exceptional property your new home or investment venture! Schedule your private showing.

6 Beds ⋅ 3 Baths ⋅ 12050626 MLS ⋅ CLOSED Status

Come check out this beautifully renovated and meticulously designed 2-unit apartment building. Boasting modern luxury throughout and located on the Southside of Chicago, near the I290 Dan Ryan. This multi-unit offers a unique design for homeowner or investors looking to live in one unit and rent the other out the other, or rent them both out as a passive investment, either way this is a WIN-WIN situation. The exterior of the building showcases amazing curb appeal, advertising the facade features a tasteful combination of brickwork and fresh paint, accentuated by large energy-efficient windows that allow abundant natural light to filter through. There are two spacious units which offer two (2) bedrooms in each unit, the 1st floor duplexes down to two (2) addtl bedrooms and another bath, making this a four (4) bedroom/2bath unit, with an extra living space for entertaining and washer and dryer for the Buyers convenience. Each unit features gleaming hardwood floors which run throughout, with a formal dining room! The gourmet kitchen features state-of-the-art stainless-steel appliances, sleek granite countertops, modern backsplash, and beautifully designed 42'inch cabinets. A fully renovated and modernized bathroom for the convenience of the residents and guests and it's on furnace and water tank. The basement has been elegantly designed with recessed lighting and durable flooring, ensuring a seamless continuation of the building's upscale ambiance. All new plumbing and electrical throughout. The rear of the building houses a large fenced in backyard and a new 2-car garage. This property has so much to offer, don't miss your chance to make this exceptional property your new home or investment venture! Schedule your private showing.

7438 S Calumet Avenue, Chicago

$240,000

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.

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