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$75,000
4 Beds 4 Baths 12610088 MLS CLOSED Status
Investor Special with Mixed-Use Potential in the Heart of Chicago! Unique opportunity to restore and reimagine this property featuring a former storefront with residential space above and behind. Ideal for investors, developers, or owner-users seeking a live/work concept. Property offers flexible layout with the potential to create multiple residential units, expand living space into the attic, or reconfigure for optimal income-producing use. Though the Chicago Assessor zones it as a 4 unit, it has been recorded as) units with the Building Dept (buyer to verify all zoning and use possibilities). This property requires a full renovation and is being sold as-is. Ideal for those looking to bring their vision to life and capitalize on the growing demand for mixed-use and multi-family properties in the area. Conveniently located near transportation, retail, and neighborhood amenities. Bring your contractor and your creativity-this is a true value-add opportunity!

2016 W 51St Street, Chicago

$250,000
6 Beds 2 Baths 12581608 MLS CLOSED Status
Exceptional Investment Opportunity! Welcome to 5419 S Hermitage Avenue - a solid, income-generating two-flat with tremendous upside potential. Built in 1918 and brimming with classic Chicago character, this approximately 3,000 sq. ft. multi-family property sits on a 3,750 sq. ft. lot and delivers both immediate cash flow and long-term value. The main structure features two well-appointed residential units, each offering 3 bedrooms and 1 bathroom. A third unfinished unit presents a rare value-add opportunity: bring your vision and unlock additional rental revenue or create a private owner's suite below grade. Area residents enjoy a commuter-friendly lifestyle with the Orange Line just 5 minutes away and easy access to Ashland and Halsted corridors for north-south travel throughout the city. The flat terrain and dedicated bike lanes make cycling a breeze, while multiple shopping centers, parks - including Gage Park, Ogden Park, and McKinley Park - and restaurants are all within easy reach. Lake Michigan is just 5 miles away, and Chicago Midway International Airport is a quick 4.7-mile drive. Rear parking with private driveway Proven rental market in a neighborhood on the rise Minutes to public transit, major expressways, and the University of Chicago Whether you're a first-time investor, a seasoned landlord, or a savvy house-hacker, 5419 S Hermitage Ave offers the flexibility, space, and upside to make it work for you.

5419 S Hermitage Avenue, Chicago

$175,000
4 Beds 2 Baths 12553590 MLS CLOSED Status
This oversized frame with double front porch with aluminum siding sits on a full-sized lot plus the adjoining vacant lot included in the sale, offering rare expansion and development potential. The property is a 2-unit building, with each unit featuring 2 bedrooms and 1 bathroom, making it ideal for rental income or multi-generational living. It also includes a large unfinished attic and basement, providing multiple options for reconfiguration, storage, or future improvements. The layouts offer generous room sizes, tall ceilings, and multiple entrances, making it a strong opportunity for investors seeking cash flow or buyers looking to live in one unit and rent the other. A detached 2-car garage adds additional value. The home needs cleaning and cosmetic work throughout and is being sold as-is, but the footprint, size, and included side lot create a solid investment opportunity. Great buy for rehabbers, investors, or anyone looking to build long-term equity. Schedule your showing today.

4827 S Throop Street, Chicago

$620,000
10 Beds 5 Baths 12545752 MLS CLOSED Status
**Attention** Amazing Investment Opportunity in New City/Back of the Yards. Move in ready 4 units, brand new, fully gutted and rehabbed with plans and permits from the City of Chicago. Everything is new, luxurious and pristine. New copper pipe all throughout, new electrical all throughout, new furnaces and central heating/cooling for each unit. New roofing. New individual water heaters for each unit. New kitchen cabinets as well as new appliances for each unit. Bathrooms have been remodeled and new flooring installed in every unit. Everything is brand new. **Unit 1** First floor front unit featuring a 2 bed/1 bath with high ceilings. **Unit 2** First floor rear unit featuring a 2 bed/1 bath with high ceilings as well. **Unit 3** Second floor unit expanding the entire length of the building featuring jumbo ceilings and 3 bed/2 bath with a master suite bathroom and a huge master closet. **Unit 4** Legal Lower Level unit expanding the full length of the property and features a beautiful kitchen and 3 bed/1 bath. The first and second floor units feature massive ceilings, allowing for tons of natural light to flow in. Luxury light fixtures installed all throughout the building. A brand new wooden deck was constructed and finished in 2025, allowing access to the three back units, as well as space for outdoor use. A new parking pad and fence along the back alley have also been put in. Additionally, this beautiful property is a stone's throw away from Davis Square park. A prime location in a flourishing neighborhood with strong rental activity. The amount of the listed rents are projected based on the property condition, neighborhood, and property features. ACT QUICKLY! This is an incredible investment opportunity featuring a strong projected cash flow. Live in one unit, rent out the other three, or simply make an excellent addition to your investment portfolio.

4521 S Hermitage Avenue, Chicago

$551,000
11 Beds 7 Baths 12538996 MLS CLOSED Status
Don't miss this incredible opportunity to own a high-income producing property on Chicago's South Side! Built in 2007, this stunning all-brick 3-unit building offers spacious layouts and amazing rental potential. Unit 1: A massive duplex with 5 bedrooms and 3 bathrooms. The main floor features 3 bedrooms and 2 baths, while the lower level adds 2 more bedrooms and another full bath-perfect for an owner-occupant looking to live large while tenants help cover the mortgage. Units 2 & 3: Each offers 3 bedrooms and 2 baths, ideal for strong rental income. Additional highlights include: Gated, secured parking in the rear Modern construction with all-brick durability Income-producing potential with flexibility for an owner-occupant or investor This property is the perfect blend of comfort, space, and cash flow. SOLD AS IS.

949 W 51St Street, Chicago

$145,000
6 Beds 2 Baths 12533138 MLS CLOSED Status
Calling all savvy investors, rehabbers, and entrepreneurs! Unlock the massive potential of this brick multi-unit situated in a high-demand B3-2 zone. Currently in move-in condition, this property offers a rare opportunity to optimize the existing layout into a high-performing 3-unit income generator. Located in the heart of the historic Back of the Yards neighborhood-a community known for its rich cultural heritage and rapid growth-you'll be just minutes from downtown with excellent transit access. Enjoy proximity to Sherman Park, local artisan shops, and a vibrant dining scene. Property sold as-is; buyer to verify unit count and zoning compliance for 3-unit conversion. Don't miss out on this cornerstone investment in one of Chicago's most resilient markets!

1210 W 51St Street, Chicago

$276,000
8 Beds 3 Baths 12530647 MLS CLOSED Status
****** HIGHEST & BEST DUE BY 5:00PM, WEDNESDAY, 12/17/25 ****** BEST DEAL IN THE NEIGHBORHOOD - LEGAL 3 UNIT BUILDING IN THE MIDDLE OF EVERYTHING W/STABLE MONTH-TO-MONTH TENANTS IN UNIT #1 & UNIT #2. AMAZING OPPORTUNITY FOR AN OWNER OCCUPANT TO MOVE INTO THE VACANT JUST REMODELED TOP FLOOR UNIT #3 W/NEW PAINT, KITCHEN & BATH + BONUS FINISHED ATTIC ROOM (EXTRA BEDROOM or HOME OFFICE) & ATTIC STORAGE. *** PRO FORMA SHOWS OWNER OCCUPANT MAY BE ABLE TO PAY LESS THAN $750 A MONTH ON A 5% DOWN MORTGAGE AT PREVAILING RATES TO OWN THIS WHOLE BUILDING & LIVE IN THEIR OWN 3 BEDROOM UNIT. THIS IS A DON'T WALK ... RUN OPPORTUNITY NOT TO BE MISSED. *** INVESTOR STATS: 2 UNITS RENTED TO LONG TERM TENANTS ON MONTH TO MONTH LEASES. $700 FOR UNIT #1 & $1,450 FOR UNIT #2. VACANT UNIT #3 IS READY FOR IMMEDIATE MOVE-IN & SIMILAR FINISHED UNITS COMMAND ~$1,200. GROSS RENTS= $40,200 / EXPENSES=$16,496 / NET REVENUE=$23,704 / CAP RATE=10.09 / GRM=5.84 *** UNIT #2 REMODELED W/NEW KITCHEN, NEW WINDOWS, NEW FLOORING, NEW FURNACE & NEW HOT WATER HEATER IN 2016. BUILDING FEATURES NEWER ELECTRICAL SERVICE & BREAKER BOXES. SIDING, CONCRETE PAD IN PARKING AREA & SEWER LINE OUT TO STREET = 9 YEARS NEW. ROOF = 15 YEARS NEW. *** LIVE/INVEST IN THE HEART OF CHICAGO'S NEW CITY / BACK OF THE YARDS AREA W/EVERYTHING YOU NEED JUST MINUTES AWAY. *** DAVIS SQUARE PARK JUST A FEW BLOCKS AWAY W/SPORTS FIELDS, WALKING PATHS & GREEN SPACE & SHERMAN PARK ABOUT 5 MINUTES AWAY W/A BEAUTIFUL LAGOON, RECREATION CENTER & LANDSCAPED GROUNDS. *** SHOP AT NEARBY PETE'S FRESH MARKET ON 47TH, CERMAK FRESH MARKET ON PULASKI & LA HACIENDA PRODUCE FOR LOCAL SPECIALTIES. *** ENJOY POPULAR RESTAURANTS & CAFES SUCH AS BACK OF THE YARDS COFFEEHOUSE, NANDO'S TAQUERIA, LA CECINA, EL FAROL MEXICAN RESTAURANT, THE FAMOUS LOS COMALES & SO MUCH MORE. *** GET EVERYWHERE FAST: ~7 MINUTES TO I 90/94 DAN RYAN & ~10 MINUTES TO I 55. NEARBY TO CTA BUS ROUTES & THE 47TH STREET GREEN LINE STATION. ~15 TO 20 MINUTES TO DOWNTOWN & ~12 MINS TO MIDWAY AIRPORT. *** INCREDIBLE VALUE, CONVENIENCE & ACCESS FOR OWNER OCCUPANT LOOKING FOR AN AFFORDABLE UPDATED HOME & INCOME OR AN INVESTOR SEEKING STRONG RENTS & UPSIDE. *** PRO FORMA AVAILABLE UPON REQUEST - EASY TO SEE - SCHEDULE TO SEE TODAY - WON'T LAST LONG!

4311 S Wood Street, Chicago

$345,000
9 Beds 3 Baths 12528427 MLS CLOSED Status
Fantastic opportunity to own a solid 3-flat with spacious 3 bed, 1 bath units on each level! Whether you're an investor or an owner-occupant, this property offers great flexibility-live in one unit and rent the others, or rent all three. All units feature generous layouts and have been maintained with key updates, including a new roof (2022) and new heater for the 1st floor. Copper plumbing throughout. The 1st floor is vacant and move-in ready, while the 2nd and 3rd floor units are currently rented month-to-month, offering upside potential-current rents are below market value. Conveniently located near schools, parks, and public transportation-just a short drive to Guaranteed Rate Field and downtown Chicago. Don't miss this cash-flowing asset with long-term growth potential!

4446 S Wood Street, Chicago

$215,000
10 Beds 6 Baths 12525430 MLS CLOSED Status
Excellent investment opportunity in Back Of The Yards! Currently setup as mixed use with retail space on front portion of lower level plus single residential unit in the rear. Second floor is setup with 3 apartments and walkup finished attic for additional potential living space. Currently zoned RS3 (pure multi family) with potential to rezone for mixed use. Old retail space can be easily divisible into 2 storefronts with successful rezoning - perfect size for a local nail salon, hairdresser, etc. Other option is to convert the old retail space into a large apartment to create a HUGE 4 unit property. Full unfinished basement, plus full finished attic. Nearly $200K worth of work already completed including brand new roof, windows, and tuck pointing. Each floor is approximately 3000 square feet and would allow for a wide variety of floor plans. Take advantage of the full finished attic by creating duplex up apartments. Great location within close proximity to multiple supermarkets, shopping on 47th and Ashland, Davis Park, I-90 Expressway, Western Orange Line just 1 mile away. Seller financing is a possibility otherwise, CASH ONLY.

4800 S Wood Street, Chicago

$143,000
5 Beds 3 Baths 12524909 MLS CLOSED Status
This is a 2 unit frame located in the back of the yards neighborhood, highlighting its investment potential and living options! The first floor have been renovated with NEW flooring, electricity, kitchen, bathroom, furnace & AC unit, hot water heather, and windows too, while the second floor requires full renovation. First unit comes with 2 bedrooms, one bathroom, a spacious living room, and eat-in kitchen. The property also includes several recent upgrades , which add value despite the need for further renovations. Additional living space is available through a finished walk-through attic. Property is conveniently located near public transportation, parks, and schools, the house is suitable for various living arrangements, whether the owner occupies one unit and rent out the other or leases both for rental income. Its being sold "AS IS & where it is"

1620 W 44Th Street, Chicago

$469,000
6 Beds 4 Baths 12517698 MLS CLOSED Status
Beautifully updated and well-maintained, this frame 3-flat is a great opportunity for both investors and owner-occupants. The first and second floors each offer 2 bedrooms and 1 bathroom, while the spacious third floor features 3 bedrooms, 1 bathroom, and a large family room-perfect for additional living space or entertaining. All units have been updated with modern kitchens that include granite countertops and stainless steel appliances, providing a contemporary feel throughout. This property is move-in ready with major improvements already completed, including a new roof, separate utilities for each unit, and a 3-year-new garage. The exterior is equally impressive with a brand-new fence, deck, and concrete, as well as a custom firepit with built-in bench seating-ideal for gatherings and relaxing outdoors. Located within walking distance to Sherman Park, the public library, public transportation, and local shops, this property also offers easy access to the I-90 Expressway, making commuting a breeze. All rental income figures are projected, offering strong potential for positive cash flow. Don't miss this opportunity to own a fully updated, income-generating property in a prime location.

5125 S Elizabeth Street, Chicago



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