View All South Chicago Chicago IL Multi-Family Homes Listings

$450,000
9 Beds ⋅ 4 Baths ⋅ 12755495 MLS ⋅ NEW Status
Legal 4-unit property in South Chicago featuring a rare, self-contained ADU - and an outstanding investment opportunity! The main building offers a 3-bedroom/1-bath on the first floor and two 2-bedroom/1-bath units on the upper floors, each with a full living room, dining room, kitchen, and pantry. The 2nd floor unit was fully rehabbed in 2025. All units are separately metered, keeping operating costs low for the owner. The ADU features its own entrance, full basement, updated electric and plumbing, a furnace under 4 years old, and laundry hookup - a truly turnkey additional income stream that is hard to come by in this market. Additional features include a 3-story rear deck, entertainer's concrete pad, alley-access exterior parking, modern green siding, and a front deck makeover currently pending city approval. Major mechanicals include a 2018 HVAC, 2010 roof, and insulated attic. Most appliances are included. Ideally suited for investors seeking strong rental income or owner-occupants looking to house hack. Located less than 5 minutes from the Quantum Computing & Microelectronics Park, Lake Shore Drive, I-90, and the Chicago Skyway. Walking distance to Bessemer Park, the South Chicago Branch Public Library, and everyday shopping and dining.

9018 S Houston Avenue, Chicago
$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
$264,000
7 Beds ⋅ 3 Baths ⋅ 12747639 MLS ⋅ ACTIVE Status

8718 S Kingston Avenue, Chicago
$199,900
6 Beds ⋅ 3 Baths ⋅ 12743801 MLS ⋅ ACTIVE Status
Spacious property with great potential located in the heart of Chicago's South Side. This home offers generous living space, functional layout, and an excellent opportunity for investors or buyers looking to add their personal touches. Conveniently located near schools, parks, shopping, public transportation, and major expressways. Property is being sold as-is.

8919 S Escanaba Avenue, Chicago
$169,900
5 Beds ⋅ 3 Baths ⋅ 12742497 MLS ⋅ ACTIVE Status

8534 S Muskegon Avenue, Chicago
$360,800
10 Beds ⋅ 4 Baths ⋅ 12742400 MLS ⋅ ACTIVE Status
A solid 4-unit frame building ready for its next chapter. All four units are move-in ready and well-positioned for steady rental income: 2 units are 2-bed/1-bath and 2 units are 3-bed/1-bath. The building also holds room for additional units to be added upstairs and in the basement - a thoughtful value-add opportunity for the right buyer. Sold as-is, where-is, with no representations as to condition. Buyers are encouraged to complete their own due diligence, including inspections and any municipal inspection/repair requirements (not waived by an as-is sale).

8640 S Escanaba Avenue, Chicago
$359,000
6 Beds ⋅ 2 Baths ⋅ 12741839 MLS ⋅ ACTIVE Status
Prepare to be captivated by this stunning reimagined BRICK two flat that perfectly balances modern sophistication with incredible income potential. From the moment you step inside 9015 S Muskegon Ave, you will notice the sun drenched rooms and the pristine, high quality finishes that elevate every square foot. Each unit serves as a pristine, move in ready sanctuary, boasting expansive layouts that feel open and airy. Whether you are an investor looking to secure a lucrative gem for your portfolio or an owner occupant eager to live luxuriously while generating effortless passive income, this beautifully transformed multi family property stands out as a true neighborhood showstopper.

9015 S Muskegon Avenue, Chicago
$329,999
6 Beds ⋅ 3 Baths ⋅ 12741705 MLS ⋅ ACTIVE Status
This property is an excellent opportunity for first time homebuyers who want an affordable path to homeownership. This three unit flat is located in a steadily improving neighborhood on the Southeast Side of Chicago and offers strong long term potential. Each unit includes appliances and features a comfortable two bedroom one bathroom layout. For first time buyers, this is an ideal chance to live in one unit and use the rental income from the other two units to help lower your mortgage. All three units are currently occupied by dependable tenants, which also makes this a solid option for investors seeking immediate rental income. The building provides spacious units and there is consistent rental demand in this area. As the neighborhood continues to improve, the property is well positioned for future appreciation. Whether you are purchasing your first home or looking to expand your real estate portfolio, this turn key three flat offers value, stability, and long term opportunity.

8632 S Escanaba Avenue, Chicago
$489,000
9 Beds ⋅ 7 Baths ⋅ 12740698 MLS ⋅ CONTINGENT Status
TURNKEY + VALUE-ADD opportunity in South Shore! REHAB/RENOVATION FINANCING REQUIRED due to the remaining work in the legal garden unit. This is a LEGAL 4-UNIT. Three spacious 3-bedroom, 1.1-bath units have been fully rehabbed with updated mechanicals, new bathrooms, kitchens, flooring and light fixtures. All three units are VACANT and ready to lease at current market rents, allowing the next owner to select their own tenants and start generating rental income immediately. The legal 4th garden unit is a 1-bedroom, 1-bath offering even more rental income once the remaining improvements are completed. The three large upper units are ready to rent and can help support the property's expenses while the final unit is completed. A 3-car garage plus basement common area offer additional income potential through garage parking and coin laundry. An excellent opportunity for an investor or owner-occupant. FHA 203(k), Fannie Mae HomeStyle or other qualifying renovation financing required. Sold As-Is.

8010 S Phillips Avenue, Chicago
$149,900
5 Beds ⋅ 3 Baths ⋅ 12738976 MLS ⋅ ACTIVE Status
Welcome to 8533 S. Manistee Ave., a spacious 5-bedroom, 3-bathroom Chicago property offering an exciting opportunity for investors, house hackers, or buyers ready to create something special. This classic fixer-upper is offered AS-IS and provides a flexible layout with plenty of room to renovate and add value. The home features generously sized bedrooms, two bedrooms on the lower level, three bedrooms on the main floor, additional attic space, and a detached 2-car garage. With thoughtful updates, this property has the potential to become a beautiful income-producing investment or distinctive Chicago home. Conveniently located by the CTA bus service which is just 1-3 minutes away, Metra Electric is approximately 10-15 minutes on foot, and neighborhood dining, including pizza and Mexican cuisine, is within approximately 4-7 minutes. Do not miss out!

8533 S Manistee Avenue, Chicago
$185,900
4 Beds ⋅ 2 Baths ⋅ 12724479 MLS ⋅ ACTIVE Status
This exceptional 2-flat is truly move-in ready and an outstanding investment opportunity! Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, property is a must-see!

8220 S Houston Avenue, Chicago
$45,000
6 Beds ⋅ 2 Baths ⋅ 12729462 MLS ⋅ CLOSED Status
**MULTIPLE OFFERS. HIGHEST & BEST DUE 8/14 @12PM** ***Attention investors and savvy home owners*** Frame 2-flat with excellent potential. The property is being sold strictly as-is. Buyer to verify zoning and take subject to any code violations or municipal requirements. Seller does not provide a survey.

8127 S Burnham Avenue, Chicago
$450,000
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
$249,000
5 Beds ⋅ 2 Baths ⋅ 12680866 MLS ⋅ ACTIVE Status
Solid brick 2 unit on busy Commercial Ave. This building previously had a store front. There are 3 bedrooms on the second floor and 2 bedrooms on the main floor. It has two oversize garages that can fit up to 4 vehicles. Separate utilities. Rents are currently well below market.

8462 S Commercial Avenue, Chicago
$380,000
9 Beds ⋅ 4 Baths ⋅ 12720583 MLS ⋅ ACTIVE Status
Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!

8757 S Marquette Avenue, Chicago
$154,918
6 Beds ⋅ 4 Baths ⋅ 12651915 MLS ⋅ ACTIVE Status

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
$190,000
6 Beds ⋅ 3 Baths ⋅ 12714543 MLS ⋅ ACTIVE Status
Located in the rapidly developing South Chicago area, this three-unit frame property presents a strong opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom with functional layouts and solid rental potential. The property offers a spacious rear yard with enough room to add a garage or create a multi-car parking pad for additional value and convenience.The building does require some cosmetic updates and improvements, making it an excellent value-add opportunity, but it is currently occupied and has the potential to begin generating rental income immediately. Whether you're looking to renovate over time, expand your investment portfolio, or create long-term equity, this property offers flexibility and upside in a growing location near transportation, shopping, schools, and major city access.

8914 S Exchange Avenue, Chicago
$289,900
6 Beds ⋅ 4 Baths ⋅ 12714390 MLS ⋅ CONTINGENT Status
Spacious legal 2-unit brick building on an oversized double lot offering approximately 2,688 sq. ft. of living space. This income-producing property features 7 bedrooms, 3.5 bathrooms, a detached garage, an unfinished basement, and a walk-up attic providing additional storage and flexible-use space. One unit is currently tenant-occupied and generating rental income, while the other is rent-ready, offering immediate cash flow and outstanding value-add potential for an investor or owner-occupant looking to build equity through strategic improvements. Recent updates include a roof certified within the last three years, select electrical and plumbing improvements, new stainless steel appliances in both units, an updated kitchen with quartz countertops, beautifully renovated bathrooms, new flooring, fresh interior paint, and a freshly painted exterior. Located in an area experiencing continued investment and redevelopment, surrounded by both recently renovated homes and current projects, this property offers exceptional long-term potential. Conveniently located near schools, parks, shopping, public transportation, and major expressways. Property is being sold As-Is. Buyers are encouraged to conduct their own due diligence and independently verify all room counts, dimensions, zoning, and intended use.

8518 S Muskegon Avenue, Chicago
$25,000
4 Beds ⋅ 2 Baths ⋅ 12709244 MLS ⋅ CLOSED Status
TWO FLAT W/BASEMENT IN UPCOMING AREA OF THE CITY. Great potential for owner occupant or investor. Need extensive rehab to bring back to its former glory. Two 2 bedroom units with a basement that can be a duplex to the first floor or an in-law. Parking in the back for two cars, or there is room for a garage. Close to transportation and the lake. Sold as is. No survey provided. Two additional lots available at $40,000 each.

8847 S Burley Avenue, Chicago
$284,900
4 Beds ⋅ 2 Baths ⋅ 12686571 MLS ⋅ ACTIVE Status
Spacious multi-level home offering generous living space, classic Chicago charm, and plenty of potential. The main level features a bright living room with hardwood flooring, large windows that provide abundant natural light, and a spacious eat-in kitchen with ample cabinet and counter space. The home includes 2 bedrooms in each floor with updated flooring, functional closet space, and two full bathrooms. Enjoy a fenced backyard with green space perfect for outdoor gatherings, gardening, or entertaining. The property also offers a side driveway/walkway leading to the rear of the home. Conveniently located near schools, parks, shopping, public transportation, and major expressways. A great opportunity for an owner-occupant or investor seeking a property with space, character, and room to make it their own.

8410 S Burnham Avenue, Chicago
$510,000
9 Beds ⋅ 3 Baths ⋅ 12675087 MLS ⋅ ACTIVE Status
Recently updated 3-unit building in Chicago offering an excellent investment opportunity! Each spacious unit features 3 bedrooms and 1 bathroom with updated finishes throughout. The kitchens have been refreshed and include a refrigerator, microwave, and dishwasher in every unit. Washer/dryer hook up in each unit. The property is fully vacant, allowing investors to set market rents immediately or owner-occupants to live in one unit while generating income from the others. Additional features include a detached garage, generous living spaces, and strong income-producing potential. Conveniently located near schools, parks, shopping, dining, public transportation, and major expressways.

7914 S Essex Avenue, Chicago
$130,000
8 Beds ⋅ 5 Baths ⋅ 12676219 MLS ⋅ CONTINGENT Status
Exceptional Investment Opportunity in this 4-Unit building in South Chicago neighborhood ! This high-potential property presents a rare opportunity for savvy investors. Additional in-law arrangement garden unit plus large and high attic . The building spans approximately 3,050 square feet and features 10 bedrooms, 5 bathrooms and a detached 2-car garage. Prime location close to parks, stores, and restaurants, with easy access to the I-94. This is an absolute must-see!

8711 S Exchange 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
$319,000
11 Beds ⋅ 3 Baths ⋅ 12665697 MLS ⋅ CONTINGENT Status

8942 S Baltimore Avenue, Chicago
$229,900
5 Beds ⋅ 2 Baths ⋅ 12665026 MLS ⋅ ACTIVE Status
Excellent investment opportunity in Chicago's South Shore neighborhood! This spacious brick mixed-use 2-unit building offers incredible upside potential for investors or owner-occupants looking to build long-term wealth. Featuring a desirable unit mix with 5 total bedrooms and 2 full bathrooms, separate utilities, individual furnaces, updated electrical, newer mechanicals including furnace and hot water tank, and a full unfinished basement offering additional storage and future possibilities. Both units feature functional layouts with generous living space, fresh paint, updated finishes, and well-maintained kitchens and baths, including a recently remodeled second-floor bathroom. The second-floor 3-bedroom unit features a spacious private deck with city views, adding additional outdoor living space. The property also includes a fully fenced backyard and 2-car garage, providing valuable off-street parking. Located minutes from Lake Michigan, multiple beaches, golf courses, public transportation, shopping, restaurants, and the future Obama Presidential Center, this location offers strong long-term growth potential. Whether you're looking to house hack, expand your rental portfolio, or secure a potential income-producing property, this solid Chicago brick multi-unit offers the location, features, and upside investors are looking for. Don't miss this South Shore opportunity!

1835 E 79Th Street, Chicago
$460,000
10 Beds ⋅ 3 Baths ⋅ 12664875 MLS ⋅ ACTIVE Status
Don't miss this exceptional income-producing property featuring two apartments plus a coach house offering multiple streams of rental income. First floor offers 3 bedrooms and one bathroom. Second unit is a duplex and offers five bedrooms and one bathroom. The coach house has 2 bedrooms and one bathroom. The unfinished basement offers additional potential living space. Whether you are first time homebuyer looking to living in one unit and renting the others, or a savvy investor seeking cash flow.

3056 E 87Th Street, Chicago
$285,000
6 Beds ⋅ 2 Baths ⋅ 12656876 MLS ⋅ CLOSED Status
THIS IS A GREAT OPPORTUNITY FOR NEW AND SEASONED INVESTORS. LIVE IN ONE UNIT AND RENT OUT THE OTHER! THIS MODERN AND UPDATED 6 BEDROOM/ 2 BATHROOM 2 FLAT UNIT OFFERS SPACIOUS LIVING WITH AN EXTRA DEN IN BOTH UNITS. DONT MISS YOUR OPPORTUNITY TO INVEST IN RAPIDLY GROWING SOUTH SHORE. THIS UNIT BOASTS NEW WOOD LAMINATE FLOORING, A NEW MODERN KITCHEN AND NEW STYLISH BATHROOM. BOTH SIDING AND ROOF WAS REPLACED A FEW MONTHS AGO THERE IS PLENTY OF CLOSET ALL AND PANTRY SPACE AS WELL AS AN ENCLOSED BACK PORCH FOR STORAGE.

8739 S Colfax Avenue, Chicago
$362,500
9 Beds ⋅ 3 Baths ⋅ 12653026 MLS ⋅ CLOSED Status
Live in one unit, rent the other two! Incredible RARE opportunity for you to own this updated BRICK 3 FLAT in the heart of Chicago. Each unit features beautiful refinished hardwood floors, fresh modern paint, new trim and brand new interior/exterior doors. With in-unit laundry hookups ready to go, attracting top market tenants will be a breeze. Move into one unit and start collecting passive income on day one!

7952 S Marquette Avenue, Chicago
$170,000
5 Beds ⋅ 2 Baths ⋅ 12650231 MLS ⋅ CLOSED Status
Investment Opportunity. Two unit building with 1- 2 bedroom/1 bath unit & a 3 bedroom/1 bath unit. 2 car garage. Located on a dead end/no outlet street.

9014 S Escanaba Avenue, Chicago
$388,000
9 Beds ⋅ 3 Baths ⋅ 12623193 MLS ⋅ CLOSED Status
Welcome to South Chicago at 9020 S. Burley Ave, a well-maintained legal 3-unit building located near Lake Michigan. This fully occupied income-producing property offers an excellent opportunity for investors seeking stable rental income with future upside potential. All three units are currently rented on month-to-month leases, providing immediate cash flow and future flexibility. Each spacious unit features 3 bedrooms and 1 bathroom with functional layouts designed for comfortable living and long term tenants. The current ownership has completed several valuable updates, including recent improvements to the second and third-floor units. Additional upgrades include new plumbing throughout the building, newer roof, New HVAC systems and furnaces, and new water heaters, helping reduce future maintenance concerns. Conveniently located near parks, shopping, public transportation, schools, and commuter access, this property is positioned within an area seeing continued redevelopment and investment along Chicago's southeast corridor. A solid multifamily opportunity with strong rental potential and major mechanical updates already completed.

9020 S Burley Avenue, Chicago
$199,900
10 Beds ⋅ 4 Baths ⋅ 12636036 MLS ⋅ ACTIVE Status
Excellent investor opportunity in Chicago's South Shore neighborhood. This multi-unit property, originally built in 1893, offers historic character and solid bones but is in need of updates and renovation. Perfect for investors or buyers looking to add value, this property presents strong upside with the right vision and improvements. Located just minutes from Lake Michigan, Rainbow Beach Park, and the South Shore Cultural Center, the area continues to see growth and redevelopment. Convenient access to shopping, dining, public transportation, the University of Chicago, Jackson Park, and the future Obama Presidential Center adds to its long-term appeal. Ideal for those seeking a project with potential to maximize rental income or create a long-term hold. **Property is being sold as-is.**

8119 S Escanaba Avenue, Chicago
$330,000
8 Beds ⋅ 4 Baths ⋅ 12620969 MLS ⋅ CLOSED Status
Welcome to 8756 S Exchange Ave, a solid investment opportunity with flexibility for an owner occupant. One unit is vacant and freshly painted, ready to move right in or rent out at market rate. The building also features coin operated laundry in the basement, providing additional income. All tenants are current on rent, making this a stable, turn key property from day one. Whether you're looking to live in one unit and offset your mortgage or add a dependable asset to your portfolio, this is a great fit. Strong rental demand in the area, plus the ability to increase rents over time, gives this property solid long term upside. Low maintenance, income producing, and ready to go.

8756 S Exchange Avenue, Chicago
$275,000
8 Beds ⋅ 3 Baths ⋅ 12631803 MLS ⋅ ACTIVE Status
LEGAL THREE FLAT- SUPER LOW TAXES, TWO 3 BEDROOM UNITS AND A TWO BEDROOM UNIT. UPPER TWO UNITS HAVE HARDWOOD FLOORS. LARGE UNFINISHED ATTIC SPACE - POSSIBLE DUPLEX UP. COMMON AREA WASHER/DRYER AND 1.5 CAR GARAGE.

8112 S Exchange Avenue, Chicago
$283,000
6 Beds ⋅ 2 Baths ⋅ 12621703 MLS ⋅ CLOSED Status
Well-maintained 2-unit property located in Chicago. This solid investment opportunity features two spacious units, each offering comfortable layouts and separate living and dining areas. Ideal for owner-occupants or investors looking to generate rental income. Conveniently situated near public transportation, shopping, schools, and major roadways. A great addition to any portfolio with strong income potential.

2533 E 83Rd Street, Chicago
$65,000
5 Beds ⋅ 3 Baths ⋅ 12623050 MLS ⋅ CONTINGENT Status
Solid investment opportunity with strong upside potential. This frame 2-flat includes two spacious 2-bedroom units and an additional 1-bedroom garden unit, offering multiple income streams. The property features individual heating systems for each unit, improving efficiency and tenant appeal. While the building requires rehabilitation, it presents a prime value-add opportunity for investors seeking to renovate and increase rental income or resale value. The large backyard offers ample space to add a garage or parking pad-an attractive feature for future tenants.

8405 S Baltimore Avenue, Chicago
$150,000
6 Beds ⋅ 3 Baths ⋅ 12619008 MLS ⋅ CLOSED Status
Attention all investors. Add instant sweat equity and earn cash-flow with this unique property. This property consists of two building. The first is a large brick Bungalow with 4 bedrooms, and 2 baths. The second is a frame coach house that has a large garage on the first floor with a 2 bedroom apartment above. ........BANK OWNED SOLD AS-IS . BUYER RESPONSIBLE FOR TERMITE AND SURVEY. TAXES PRORATED AT 100% . PROOF OF FUNDS OR PRE-APPROVAL REQUIRED WITH ALL OFFERS . E.M. MUST BE CERTIFIED FUNDS.

3025 E 80Th Place, Chicago
$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
$315,000
8 Beds ⋅ 3 Baths ⋅ 12615145 MLS ⋅ ACTIVE Status
HUGE 5 BED 2 BATH HOUSE PLUS 3 BED 1 BATH BRICK COACH HOUSE WITH 2 CAR ATTACHED GARAGE! BOTH HAVE JUST BEEN REFREASHED AND ARE MOVE IN READY. COVETED CORNER LOT WITH EASY STREET SIDE ACCESS TO THE COACH HOUSE. FRONT HOUSE BASEMENT IS ROUGHED IN FOR AN IN-LAW SUITE/KITCHEN (FORMALLY THIS WAS USED AS 3 UNITS). BOTH BUILDINGS HAVE LARGE SPACIOUS ATTICS AWAITING YOUR CREATIVE IDEAS. LOW TAX - 1055/YR. FHA AND VA BUYERS WELCOME. FULLY TENANTED - COACH HOUSE WILL BE VACANT SOON. FRONT HOUSE RENT 1850 PER MONTH.

8601 S Kingston Avenue, Chicago
$545,000
9 Beds ⋅ 3 Baths ⋅ 12612779 MLS ⋅ CLOSED Status

7953 S Essex Avenue, Chicago
$109,000
4 Beds ⋅ 2 Baths ⋅ 12614137 MLS ⋅ ACTIVE Status

8750 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
$185,000
4 Beds ⋅ 2 Baths ⋅ 12614009 MLS ⋅ CLOSED Status
UPDATED 2-FLAT, TURNKEY, SS APPLIANCES, GRANITE COUNTERS, HIGH EFFICIENCY FURNACES, UPDATED ELECTRIC AND PLUMBING WITH PERMITS. LARGE UNFINISHED ATTIC AND BASEMENT. WASHER DRYER HOOKUPS FOR EACH UNIT. THE BEAUTIFUL RUSSELL SQUARE PARK AND ACADAMY AT THE END OF THE BLOCK. RAINBOW BEACH PARK IS ONLY A 10 MINUTE WALK AWAY. LOW PROPERTY TAX - FHA / VA WELCOME!

8209 S Coles Avenue, Chicago
$375,000
7 Beds ⋅ 3 Baths ⋅ 12613291 MLS ⋅ ACTIVE Status

8039 S Marquette Avenue, Chicago
$440,000
8 Beds ⋅ 3 Baths ⋅ 12611815 MLS ⋅ CLOSED Status

8841 S Muskegon Avenue, Chicago
$185,000
7 Beds ⋅ 4 Baths ⋅ 12607670 MLS ⋅ CLOSED Status
Rare opportunity to own a 135 year old building with exceptional rental and value add potential. This non-conforming multi-unit property offers a total of 7 bedrooms and 3.5 bathrooms, providing flexible living and income possibilities. The first floor unit features 3 bedrooms and 1.5 baths, while additional units offer strong rental potential. ideal for owner occupants or investors - live in one unit and generate income from the others. Unfinished basement and attic spaces present exciting opportunities for expansion or additional living areas, adding even more upside to this unique property. A 3 car garage provides ample parking and convenience. Located just 3 blocks from Lake Michigan and only 2 blocks from the Metra, this property offers unbeatable access to transportation, recreation, and city amenities. Sold as-is. Don't miss this incredible investment opportunity.

8800 S Houston Avenue, Chicago
$100,000
8 Beds ⋅ 4 Baths ⋅ 12606317 MLS ⋅ CLOSED Status
This is an amazing opportunity to build equity or creating a great investment with passive cash flow and should not be overlooked! Located on the hotter than hot south shore, this is a jumbo 4 unit building which offers two bedrooms, one bath per unit with a full basement! The home has had renovations started but still needs to be finished. The first-floor units offer newer flooring, newer drywall and updated bathrooms, while the second-floor units are framed out and not finished but this is where the value-add upside lies! The building features a full unfinished basement, which can be duplexed down from the first-floor units or keep as storage space! This building can generate amazing cash flow, and this is not a building you will want to overlook!

8747 S Escanaba Avenue, Chicago
$279,000
3 Beds ⋅ 2 Baths ⋅ 12601916 MLS ⋅ ACTIVE Status
This turnkey 2-flat in South Chicago offers the perfect blend of cash flow and value-add potential. Each unit features updated finishes including newer flooring, granite countertops, and modern cabinetry. First-floor unit offers 2BR/1BA, while the second unit includes 1BR + office-ideal for flexible living or maximizing rental income. Full unfinished basement and attic provide excellent expansion opportunities to increase equity. Detached 2-car garage and a peaceful backyard complete the property. Conveniently located near the 83rd St Metra, bus lines, parks, and local amenities. Ideal for investors or owner-occupants looking to house hack and build long-term wealth.

8349 S Colfax Avenue, Chicago
$198,984
6 Beds ⋅ 2 Baths ⋅ 12602984 MLS ⋅ CLOSED Status
Looking for a solid turn-key investment? Here it is, this property will cash flow from day 1. Both units are currently rented and in good condition. HVAC systems installed 3 years ago. *** Please note CHA has approved an increase in the rent for unit 2 starting July 1 *** This is a solid investment! Call for details on new rent amount.

8523 S Muskegon Avenue, Chicago
$170,000
4 Beds ⋅ 2 Baths ⋅ 12595832 MLS ⋅ CLOSED Status
SUNNY, BRIGHT 2 BEDROOMS IN EACH UNIT. ATTIC COULD BE DUPLEXED. STOVES/REFRIGERATORS STAY IN UNIT. NEW GUTTERS, NEW HOT WATER HEATER. IN NEED OF SOME UPDATES AND REPAIRS. THIS PROPERTY HAS GOOD POTENTIAL. LOCATED ON SOUTH SHORE DRIVE -- GREAT LOCATION TO DOWNTOWN, OBAMA LIBRARY, NEAR BUS, TRAINS, EXPRESSWAYS.

8150 S South Shore Drive, Chicago
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