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$ 149,900
Est. payment | /mo
9 Beds
3 Baths
$ 149,900
Est. payment | /mo
9 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12603460
Bedrooms 9
Year Built 1906
Annual Tax Amount $1,688
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Attention develpers -this is a prime value-add GREYSTONE opportunity with substantial upside. This oversized building is currently configured as a 2-unit property duplexed to the basement. The property features a total of 9 bedrooms and 3 bathrooms, providing an ideal layout for maximizing rental income once completed with ARV easily in the $400k range. Major progress has already been made, including: Framing completed, Partial plumbing, electrical, and ductwork installed. The true value lies in its flexibility and income potential: Convert to a 3-unit to significantly increase cash flow and overall valuation. Once completed, the property has the potential to generate substantial monthly rental income of over $5k per month, making it an excellent candidate for a long-term hold or profitable resale. Property is being sold as-is. Bring your vision and unlock the full potential of this high-yield asset.
Location
State IL
County Cook
Area Chi - Englewood
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick,Limestone, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Limestone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jaskirat Vig of Blue Door Dave Inc
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Sanjay Marathe
REALTOR® | Lic# 475168373