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9 Beds ⋅ 3 Baths ⋅ 12726116 MLS ⋅ CONTINGENT Status

Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the others, this well-maintained three-unit building is an opportunity you won't want to miss. Each spacious unit features 3 bedrooms, 1 bathroom, a large outdoor space, and functional layouts designed for comfortable living. Unit 2 is vacant and move-in ready, making it ideal for an owner-occupant or for leasing at current market rents. Unit 1 is leased through January 2027, and Unit 3 is leased through August 2027, providing immediate rental income with established tenants already in place. Built in 2007, this newer-construction multi-family property offers many of the benefits buyers appreciate, including more modern systems and finishes than many of Chicago's older multi-unit buildings. The property has been well maintained, allowing the next owner to focus less on major updates and more on enjoying the investment. The location adds even more to the opportunity. Enjoy convenient access to shopping, restaurants, parks, schools, public transportation, major roadways, and Chicago's lakefront, while being positioned near some of the South Side's most significant current and future investments. Nearby developments include the Obama Presidential Center in Jackson Park and Quantum Shore, the massive lakefront redevelopment of the former U.S. Steel South Works site that will include the Illinois Quantum and Microelectronics Park and major technology investment. Combined with established neighborhood amenities and continued investment throughout the surrounding area, there's plenty happening in this part of Chicago. Whether you're house hacking, expanding your rental portfolio, or looking for a turnkey investment with income already in place, 7955 S. Manistee Ave. offers a compelling combination of space, income potential, newer construction, and location. All that's missing is YOU!

7955 S Manistee Avenue, Chicago

$475,000

9 Beds ⋅ 3 Baths ⋅ 12719241 MLS ⋅ CONTINGENT Status

This is a GREAT building that was rehabbed a few years ago. This beauty sits on an oversized lot with a detached 3 car garage. This is a 3 unit building and perfect for house hacking. It does not have a basement but plenty of storage in each unit. Each unit has beautiful hardwood floors, stylish light fixtures, modern cabinetry, 3 large bedrooms and 1 bath. 2 current leases that end next year and one unit is a month to month tenant, in case you would like to live there right away. Building is beautifully maintained and can pass an FHA or conventional appraisal. DRY building with no flooding issues at all. 2 of the units have in unit laundry hook ups.

7961 S Essex Avenue, Chicago

$399,900

12 Beds ⋅ 5 Baths ⋅ 12669970 MLS ⋅ ACTIVE Status

Fantastic investment opportunity in the heart of South Chicago! This solid brick 4-unit building offers 12 total bedrooms and 5 bathrooms, providing excellent potential for strong rental income. Each spacious unit includes a stove and refrigerator, and all utilities are separately metered for gas and electric, offering added convenience for management. A full finished basement provides additional space and versatility. All tenants are currently month-to-month, making this a great option for investors or owner-occupants interested in house hacking. The property also features 4 exterior parking spaces in the rear and sits on an extra-wide 125x46 ft. lot. Located close to parks, schools, public transit, and everyday amenities, this building offers a smart opportunity to grow long-term value. With low taxes and strong rental potential, this is a must-see property. Don't miss your chance to build equity and secure steady cash flow!**One of the LLC members is an Illinois licensed Realtor (Not Listing Brokers)**

8239 S Colfax 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

$366,000

7 Beds ⋅ 3 Baths ⋅ 12193607 MLS ⋅ CLOSED Status

Check out this fully rehabbed property, perfect for house hacking! This two-unit building offers all the features of a single-family home while providing excellent cash flow potential as an investment property. The main level is a duplex with spacious bedrooms that can accommodate queen and king-size beds. Washer and dryer hookups are available on both floors, and both units have central AC. Enjoy a large backyard perfect for family gatherings and a brand-new two-car garage.

8434 S Burnham Avenue, Chicago

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South Chicago, Chicago IL · Curated MLS Search

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