Great Investment Opportunity - 2-Flat with Value-Add Potential! Don't miss this well-maintained 2-unit building in Chicago's South Chicago neighborhood! This property is ideal for an owner-occupant or investor looking to generate rental income while building equity. Each unit offers spacious living areas, abundant natural light, and functional floor plans. Situated on a 25' x 138' lot, the property features a detached 2-car garage and a generous backyard perfect for outdoor enjoyment. The unfinished basement and walk-up attic provide excellent value-add potential. Finish these spaces to create additional living areas, a recreation room, home office, or additional usable space, subject to city approvals and permits. This property is an excellent candidate for a renovation loan, allowing buyers to finance eligible improvements and customize the home while building equity from day one. Conveniently located near schools, parks, shopping, public transportation, and major expressways, this property offers both convenience and investment potential.
| MLS # | 12687899 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1898 |
| Days On Site | 80 |
| Listing Provided By | Realty of America, LLC | Lizbeth Flores |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.08 |
| Rooms Total | 10 |
|---|---|
| Heating | Radiator(s) |
| Window Features | Screens |
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Aluminum Siding, Frame, Block |
| Patio And Porch Features | Porch |
| Fencing | Fenced |
| Parking Features | Garage Door Opener, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks, Street Lights, Street Paved |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2054.66 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI Calumet Heights |
| Listing VS Median (in 60617) | |
Price: $196,878 low | high Med: $207,500 On site: 80 low | high Med: 171.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI Calumet Heights |
| Listing VS Median (in 60617) | |
Price: $196,878 low | high Med: $207,500 On site: 80 low | high Med: 171.5 | |