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$ 225,000
Est. payment | /mo
6 Beds
2 Baths
$ 225,000
Est. payment | /mo
6 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12334067
Bedrooms 6
Year Built 1895
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
This legal 2-flat is situated on an extra-wide lot and offers strong potential for value-add investors or owner-occupants. The building features 3 electrical meters, 2 gas meters, and an unfinished basement ready for future expansion or storage. Unit 1 is tenant-occupied, and offers 3 bedrooms and 1 bath, while Unit 2 is vacant, also with 3 bedrooms and 1 bath - a great setup to live in one unit and rent out the other. The property is being sold AS-IS, cash or renovation convention-style loans are preferred. Seller will not make any repairs and will not LIKELY pass FHA inspection or conventional loan. The Seller cannot guarantee that units will be vacant at closing. Tenant pays month to month, unit 1 pays 700 USD per month. Don't miss your chance to add sweat equity in a solid brick building with long-term income potential! Final & Best are due on Thursday, April 17, 2025 at 12:00PM.
Location
State IL
County Cook
Area Chi - Humboldt Park
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Benyamin Lalez • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "