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Thu

Oct

Fri

Oct

Sat

Nov

Melissa Garcia

melissagarcia@legacypropertiesil.com +1(630) 878-9868

$ 375,000

Est. payment | -/mo

7 Beds

5 Baths

Save

$ 375,000

Est. payment | -/mo

Save

7 Beds

5 Baths

Open House

Tue Nov 04, 4:00pm - 6:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12507038

Style Greystone

Bedrooms 7

Year Built 1903

Annual Tax Amount $2,117

Tax Year 2023

Lot Dimensions 25 x 139

Property Sub-Type Two to Four Units

Property Description

***Rare $10,000 seller credit offered!*** Classic Chicago Greystone two-flat in the fast-rising West Garfield Park, delivered with full architectural plans, drawings, and permits-a rare, high-upside opportunity nearly ready for completion. Featuring a new roof with transferable warranty, all-new plumbing (city-passed), and all-new electrical (awaiting final city approval), this property offers peace of mind and strong long-term value. Each spacious unit-4BR/2BA up and 3BR/2BA down-spans approximately 1,600 sq ft with soaring ceilings, gleaming new hardwood floors, updated bathrooms, and washer/dryer hookups in every unit, including the basement, which tenants will love for its convenience and modern living appeal. The walkout basement (approx. 2,100 sq ft with 7.5-ft ceilings and a full bath) is primed for finishing as a duplex-down or legal third unit to unlock even more income potential. The owner, a professional remodeling contractor, estimates $10K-$12K to close out the electrical permit and under $10K per unit to complete, with all kitchen cabinets and materials for Unit 1 included. ARV is $456K as a two-unit or $505K if the basement is finished, offering $50K+ in equity upside and pro-forma rents up to $6,000/month. Includes a two-car garage, easy access to I-290 and CTA, and is located minutes from the United Center redevelopment zone, where investment and property values continue to climb. The seller is not distressed-just focused on other projects-and is offering a rare $10,000 closing credit, making this an easy win for investors or owner-occupants alike. With minimal work left and maximum upside, this is your chance to own a turn-key Greystone in one of Chicago's most promising growth neighborhoods. ***Rare $10,000 seller credit offered!***

Location

State IL

County Cook

Area Chi - West Garfield Park

Rooms

Basement Unfinished, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick,Stone, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick,Stone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Michael Applegate of Straight-A Realty, LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 878-9868

melissagarcia@legacypropertiesil.com

217 Capitol Dr, Sugar Grove, IL, 60554, USA

4339 W Monroe ST Chicago, IL 60624