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$235,000
4 Beds 2 Baths 12754451 MLS NEW Status
Welcome to 8233 S Escanaba Ave: a two-unit property offering versatility, space, and an excellent South Side location near Lake Michigan! Each unit features 2 bedrooms and 1 bathroom, providing a practical layout for rental income, owner occupancy, or multi-generational living. The property offers a spacious unfinished basement with excellent potential for additional storage, a workshop, recreation space, or future expansion. A detached 2-car garage adds valuable parking and storage. Location is where this property truly shines. Enjoy easy access to Lake Michigan, nearby beaches, parks, and the lakefront, including Rainbow Beach Park, a nearly 61-acre lakefront destination featuring a beach, fitness facilities, sports courts, playgrounds, a community garden, and beautiful views of the Chicago skyline. Commuters will appreciate convenient access to Lake Shore Drive and major South Side thoroughfares, making trips to downtown Chicago and surrounding neighborhoods more accessible. The area also offers a variety of local restaurants, shops, parks, recreational opportunities, and cultural attractions. Whether you're looking to house-hack, build your rental portfolio, live in one unit while generating income from the other, or accommodate extended family, 8233 S Escanaba Ave offers an opportunity to make the most of a two-flat in a location surrounded by Chicago's lakefront amenities. Bring your vision and explore the possibilities this property has to offer! *BROKER/AGENT IS RELATED TO THE SELLER.

8233 S Escanaba 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

$509,000
6 Beds 3 Baths 12539763 MLS CLOSED Status
Stunning, fully rehabbed vintage yellow-brick two-flat on an oversized double lot in sought-after South Shore. This is the rare investment/home that offers true peace of mind; completely renovated from top to bottom with City of Chicago permits, including all-new plumbing, separate mechanicals, new electric, insulation, roof, basement concrete, tuckpointing, windows, walls, flooring, and more. Inside, classic style meets modern comfort: Shaker cabinetry, quartz countertops, stainless-steel LG appliances, beautiful new oak floors, feature-wall energy-efficient fireplaces, and spa-like baths with a freestanding soaking tub in the duplex. Both units are fully applianced and truly move-in ready. Just as impressive behind the walls and outside: separate utilities, new low-E windows throughout, an interior rear stair for easy maintenance, a two-car garage plus a three-car secure parking pad, and a large, fenced, private yard-perfect for entertaining, relaxing, or future possibilities. Designed for flexible living and income, either unit works beautifully for an owner-occupant. Choose the beautiful upper 2-bed/1-bath with generous living spaces, or the expansive first-floor duplex with 4 bedrooms and 2 baths. Live in one and rent the other, or explore a mix of long-term and shorter-term rental strategies. Ideally located with quick access to Lake Shore Drive, Jeffrey CTA, Metra, the University of Chicago, the future Obama Presidential Center, and a growing collection of neighborhood shops and eateries. A rare opportunity to own a fully rehabbed two-unit vintage property with flexibility, income potential, and exceptional quality. Schedule your private showing today to see how well this property fits your lifestyle and investment goals.

8207 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

$325,000
8 Beds 4 Baths 12123938 MLS CLOSED Status
Discover an exceptional investment opportunity in Chicago with this expansive two-flat brick building. Spanning approximately 4,700 square feet across three spacious lots, this property offers both residential comfort and entrepreneurial potential. There are a total of four lots (the 2-flat and three lots have separate PIN numbers: 21311280430000 (covering the building and attached garage), and 21311280410000 and 21311280420000 AND 21311280420000. Zoned as a two-flat building, the current owner utilizes the first-floor apartment as a home-based business. This property is perfect for those seeking a unique space that combines living and business opportunities. Don't miss your chance to shape your future and make your mark in Chicago. Schedule a private tour today. Size and Space: The oversized two-flat building offers ample room across four lots, perfect for various creative endeavors. Charming Brick Facade: The building's exterior boasts classic Chicago charm with its enduring brick facade. Income Potential: Ideal for investors or entrepreneurs, the property allows for dual rental income streams and offers space for expansion or customization. Home-Based Business Paradise: The expansive space is perfect for operating a thriving home-based business while enjoying the comforts of home. Prime Location: Located near major upcoming developments, including the President Obama Library, the lakefront, Jackson Park, and the South Shore Cultural Center. Proximity to transportation routes and vibrant commercial districts enhances the property's appeal. Must-See Potential: This versatile property is ideal for investors, entrepreneurs, or those seeking a distinctive residence.

2650 E 83Rd Street, Chicago

$192,000
6 Beds 2 Baths 12080303 MLS CLOSED Status
Prime Investment Opportunity: All-Brick Two-Flat Building with Endless Potential. Discover an exceptional investment or owner-occupant opportunity with this charming all-brick two-flat building, offering flexibility and great potential. Located in one of the last areas with lakefront access, this property combines unique location benefits with significant value. Key Features: * Two Units: This building feature two spacious units with a total of 6 bedrooms and 2 bathrooms. * Well-Maintained Roof: The roof is in excellent condition, ensuring long-term durability and peace of mind. * Natural Light: Relatively new windows cascade the interior with natural light, creating a warm and inviting atmosphere. * Exterior Upkeep: Consistent exterior maintenance enhances the building's overall functionality and curb appeal. * Spacious Three-Car Garage: Ideal for parking and storage, adding significant value to the property. * Unfinished Basement: Open to additional income opportunities or expansion of the owner's unit, allowing you to bring your creative ideas to life. Whether you're an investor looking for a rehab project or a homeowner seeking additional income, this two-flat building offers endless potential. Located in a area with lakefront access, this is a rare opportunity you don't want to miss. Financing Options: Suitable for 203K, Conventional, or cash deals. Please Note: The property will be sold "As-Is," providing a perfect canvas for your vision. Seller is willing to negotiate. Act now to secure this rare gem in a prime location. Schedule your viewing today and bring your ideas!

9015 S Muskegon Avenue, Chicago

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South Chicago, Chicago IL · Curated MLS Search

2-Flats in South Chicago, Chicago IL

An editorially curated view of every active 2-flats listing in South Chicago, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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