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$410,000
8 Beds 3 Baths 12614912 MLS CLOSED Status
Well maintained Brick legal 3 flat building in the heart of South Chicago. This Recently updated bright building is a fantastic investment opportunity for owner-occupants or savvy investors. All units have hardwood flooring, vinyl windows, forced heat & in-unit laundry. Separate utilities. First floor unit has 2bed/1bath featuring a spacious, bright, and inviting living room, and a formal dining room. The second and third floor units had a three generously sized bedrooms, 1-bath, bright Living room, and spacious eat-in kitchen. The fully unfinished basement is ready for you to customize to your needs. There is a detached brick two car garage. Easy street parking. This is a great building sold in as-is condition. Just minutes from Lake Shore Drive, Rainbow Beach, South Shore Cultural Center, Russell Square Park, and Jackson Park, giving you easy access to the lakefront, green spaces, grocery shopping, restaurants, Metra and Express buses downtown. Schedule a showing today to see all that this wonderful neighborhood has to offer. Motivated seller, feel free to make an offer today.

8204 S Exchange Avenue, Chicago

$190,000
6 Beds 2 Baths 12610800 MLS CONTINGENT Status
Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property's functionality. Property is being sold AS IS. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.

8242 S Houston Avenue, Chicago

$530,000
11 Beds 5 Baths 12566245 MLS CLOSED Status
Solid Chicago Brick 4-FLAT Updated Units & 3 Car Garage, less than 1 MILE TO QUANTUM SHORE park expected to have a 10 billion impact over the next decade. The rents vs price and appreciation make this an amazing deal (GRM is below a 7 . Investment Math is excellent: 7 ie. 81 x 7 = 567 value). You layout twice as much for the same rent elsewhere in this city not next to Billion Dollar Developments with government backed future. This is a strategic positioning play for * House hackers * Long-term buy-and-hold investors * Portfolio builders seeking early infrastructure alignment. Units recently improved and professionally managed. Rental Income $6,830/month * All tenants have consistent history. * Plug-in ready with owner-occupy loan option ( we will vacate a unit for owner occupier). The Building has 11 Bedrooms | 5 Baths, As stated Approx. 1,700 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces, New Roof Recoat, New Cabinetry, New gas meters/lines(moved to outside), 2 New Garage Doors and New Auto Openers amd tracks, Brand New Gutters, Window Capping and many Windows Just Replaced. New roof. 3 Brand New Furnaces. Many Updates Just Completed. 3-Car garage with new doors. Two open space yards (front and back). Enclosed rear porch (no exterior stair shoveling). Simply put this is a Solid, updated, oversized 4 unit that is income-producing and has a Excellent Appreciation location. Location & Transit basics: Bessemer Park directly across the street * 1 minute to Skyway (90/94 access) * Lake Shore Drive access * Metra access (2 station options) * Six bus routes * Steelworkers Park and lakefront nearby * Commercial Ave shopping corridor plus new TIF district * Indiana retail minutes away.

9041 S Muskegon Avenue, Chicago

$255,000
9 Beds 3 Baths 12577024 MLS CLOSED Status
This expansive brick 2-flat offers versatile living across three fully finished levels. Entire home was recently rented for 3500+! The 1st floor and lower level duplex down unit level features 6 bedrooms, 2 full baths, full kitchen, large living room/dining combo and an enclosed front patio room. New vinyl tile flooring throughout 1st floor and lower level. The finished basement includes a rec room, a kitchenette, a full bath, and laundry/utility room with 2 furnaces and 2 water heaters. The basement also has its own rear exit to the backyard. The 2nd floor unit is currently rented for 1500 per mo. It has 2 separate entrance and has 3 spacious bedrooms, 1 bath, and a kitchen and living/dining combo. Set on a extra-wide corner lot, the property includes a 2.5-car garage, for parking and extra storage space and a great side yard. Whether you are a household seeking room to grow or an investor looking for a high-potential income property, this home delivers. Set right at the corner of Bennett Ave and South Chicago the transportation is excellent! 5 minute bus ride to 75th street METRA and Aldi. The home is move-in ready. Schedule your tour today and seize this unique opportunity!

8151 S Bennett Avenue, Chicago

$159,000
7 Beds 3 Baths 12526857 MLS CLOSED Status
Excellent investment opportunity on a great block! This large brick 2-flat features spacious 3-bedroom units and a solid brick 2-car garage. The building offers strong upside potential for value-add investors. The finished basement-complete with front and rear exits, high ceilings and full bath-has deteriorated but provides a prime opportunity to restore and potentially convert into an income-producing 3rd unit (buyer to verify zoning/use). With the right vision and rehab, this property can deliver significant cash-flow and long-term equity growth. Property is V.A. owned & sold in "as is/where is" condition. Seller will make no repairs. Property was built prior to 1978 and lead based paint may potentially exist. This property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.

8240 S Clyde Avenue, Chicago

$520,000
9 Beds 3 Baths 12353007 MLS CLOSED Status
This fully renovated legal 2-flat, with a bonus 3rd unit in the garden apartment, is an incredible investment and living opportunity in the South Chicago neighborhood. Completely rehabbed in 2022, this building features three spacious 3-bedroom, 1-bath units, each with brand-new stainless steel appliances. The garden unit is perfect for an owner's suite, offering comfortable living with the added bonus of being vacant at closing for immediate occupancy. Unit 1 also includes a washer and dryer, while the second-floor unit offers potential for future expansion, with an unfinished attic that could be duplexed up to add more bedrooms and bathrooms for increased rental income. The building is currently generating $3,200 per month with excellent tenants who take great care of their apartments and pay rent on time. This is an ideal house hacking opportunity, as the revenue from the tenants helps cover a significant portion of the owner's living expenses. The property is professionally managed, well-maintained, and turn-key, making it a fantastic addition to any investor's portfolio. Situated just blocks from Rainbow Beach Park, with the new bike trail and the South Side Quantum Computing Campus nearby, this location is poised for future growth. Whether you're looking to live in the garden unit or expand the second-floor unit for additional rental income, this property offers both immediate comfort and long-term potential in a thriving South Chicago neighborhood.

3048 E 80Th Street, Chicago

$280,000
9 Beds 3 Baths 12112017 MLS CLOSED Status
Turnkey cash flowing 3 flat with solid rents and low expenses! The top floor unit has been fully renovated with all new flooring, cabinets, granite countertops, stainless steel appliances, dishwasher, washer/dryer, and more. This reno has proved a huge upside (38% increase in rent over lowest current rent) and will allow a new owner to add value and increase rents for the remaining two units. Units are individually metered & heated with tenants paying their own gas (heat and cooking) & electric to keep expenses very low. All new siding and new rear porches were also recently installed. Building is professionally managed by Landmark Property Management. Cash or Conventional Offers considered, No FHA.

9235 S Brandon Avenue, Chicago

$58,000
5 Beds 4 Baths 11948351 MLS CLOSED Status
$1,200 BUYER CLOSING CREDIT! Very nice 3 flat on a great block! HOWEVER, it needs WORK! The photos are VERY accurate and represent existing conditions. The building has been stripped and will require all new MEPs, half a new slab in the basement and generally medium-level cosmetic work throughout in the upstairs units. You will also need new front and rear porch systems. The great news? There is a LOT of upside potential for the stabilized asset, which is why you will want to buy this bad boy today! Currently configured as a 2/1 garden unit, a 1/1.1 first floor simplex and a 3/1 duplex up. The HVAC and hot water heater are +/- 4 years old. Located directly across the street from an elementary school park, 1/2 block to Metra's S. Shore Line, close to shopping and restaurants along Exchange & Commercial Avenues and just a 15 minute ride to Millennium Park's Bean! Sale price includes architectural plans for creating a 3/2 duplex in the 3rd floor. Architect can amend and change plans according to the buyer's preferences. Alternatively, the building can also be de-converted into large 5/3 SFH with $3,500-$4,000 per month cash flow potential! Comps in the immediate area can exceed the high $300s. See Broker Private Remarks for a link to stabilized comps. PLEASE NOTE: Architect's proposed renovation plans under the Additional Information Tab.

8248 S Houston Avenue, Chicago

$90,000
6 Beds 2 Baths 11916990 MLS CLOSED Status
Fantastic 2-Flat has been recently rehabbed and producing great income! Well maintained and located on great block within walking distance to Bessemer Park, grocery stores, schools, CTA, dining, shopping and more. Both units each boast 3 good-sized bedrooms, 1 full bathroom, spacious living room with charming bay window, updated kitchen with eat-in space and custom tile backsplash. Full unfinished basement has in-unit laundry. Backyard is partially fenced with parking pad and nice green space! Investment or future owner occupant potential! Not currently rented, prior tenants paid $1,300 a month for each unit. Gross operating income was $31,200 annually. ---- Tenants pay gas, electric. Only owner expenses are water, taxes, and common area electricity usage. No FHA. Buyer to assume all city violations (link to list in broker private remarks) -- there is a removable injunction once violations are corrected and the property is reinspected by the city

8838 S Marquette Avenue, Chicago

$410,000
7 Beds 7 Baths 11865118 MLS CLOSED Status
Well maintained 3-flat building with an additional 4th garden unit. Building includes three 2 bedroom units with one full and one 1/2 bath each; and one 1 bedroom with 1 bath garden unit. Huge living and dining rooms with gleaming hardwood floors throughout; modern kitchens and baths; 3-car brick garage with automatic opener and side driveway. Two units are in move-in condition with individual furnaces and ac units, and one unit is occupied with a long-term month-to-month tenant. Each vacant 2 bedroom unit could easily rent for $1300.00/month. Building has been undated with double-pane windows, rubber roof, tuck pointing, individual furnaces and air conditioners. Electrical and plumbing upgrades and new rear porch have all been done. This building is a turn-key property for any homeowner or investor and will not last long on the market.

8009 S Phillips Avenue, Chicago



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