Search Duplex and 3-flats for sale in Chicago

Newest Duplex and 3-flats for sale in Chicago

9 Beds 3 Baths MRD11739760 MLS NEW Status
Introducing a STUNNING, fully refurbished duplex down multi-unit that is the epitome of modern luxury living. This BEAUTIFUL property has been completely renovated with state-of-the-art finishes and high-end materials, making it the perfect blend of style and functionality. Boasting a total of 9 bedrooms and 3 Full Bathrooms, you are sure to value the home at its full As you step inside, you'll immediately notice the brand new touches to the interior of the home that gleam in the natural light. As well as brand new stainless steel appliances give the kitchen a sleek and contemporary feel. The new hardwood flooring in the living areas adds warmth and character to the space, while the ceramic tile flooring in the bathrooms and kitchen adds a touch of sophistication. The European showers in the bathrooms are a standout feature, providing a spa-like experience that's perfect for relaxation and rejuvenation after a long day. The modern kitchens are thoughtfully designed with ample counter space, sleek cabinetry, and high-end appliances that are perfect for cooking and entertaining. Conveniently located in an up-and-coming area, this property is just a stone's throw away from public parks, a hospital, and a variety of amenities. Whether you're in the mood for a morning jog or an evening out with friends, you'll never be too far from your favorite places. In short, this fully refurbished duplex down multi-unit is a rare gem that offers modern luxury living at its finest. With its impressive array of high-end finishes, convenient location, and impeccable design, it's sure to impress even the most discerning home buyers.

6745 S Campbell Avenue, Chicago

10 Beds 5 Baths MRD11739229 MLS NEW Status
Exceptional opportunity to acquire this amazing tall, all-brick, newly renovated 3-flat beauty! Perched on an extra-wide 37.5' lot, this statuesque 3-flat houses an owner's duplex unit (that lives like a single-family home) plus 2 phenomenal rental units. All units have been updated with today's finishes making for ease of rental and the utmost owner's experience. This property is turn-key with major recent improvements including, but not limited to: New ELECTRIC (200 amp service to building), wiring, switches and fixtures. New PLUMBING, copper supply and pvc drains. New tear off ROOF. New KITCHENS, cabinets, countertops, appliances. New BATHS, new vanities, tiles (except unit 2, which has awesome cobalt blue tiles so kept those), fixtures. New MECHANICALS, HVAC (except unit 3), WATER HEATERS. New W/Ds and so much more! Unit 1 is a 4 bedroom, 3 bath duplex. This entire home was gutted, reworking the floorplan and adding great volume to the lower-level ceiling height + radiant floor heating system. The private entry welcomes you into the main level with living room/dining room featuring bay windows and an urban farmhouse inspired decor theme reflected in the raw wood fireplace mantle and shiplap style built-in. A nice-sized bedroom with Murphy bed and an adjacent bath recently renovated with beautiful finishes! On the main level, you'll also find the heart of the home in the gorgeous eat-in kitchen with island for casual seating, large table space with built-in benches for seating, a family room for all to gather and a nice deck off the kitchen, Huge paved backyard for play and entertaining! The lower level of the home features extended ceiling height, radiant heat tile floors, another family room and 3 additional bedrooms! The primary suite has 3 closets, deluxe spa-bath with separate soaking tub, steamer shower, dual-bowl vanity and separate toilet room! The 3rd and 4th bedrooms share and utilize a 3rd full bath and there is side-by-side laundry too! Units 2 & 3 are fantastic rental units producing nice income with little owner expense! Each apartment is newly updated with the floorplans opened up, reflecting today's lifestyle! Each apartment has 3 bedrooms, 1 bath with huge living/dining and new kitchens and updated baths! Tenant favorites such as in-unit washer/dryer, central air and large private decks make these units easy to rent! there is a fantastic, heated 3 car garage for Owner's use or additional income! The location is trending! A gorgeous, one-way tree-lined street just off the ultra-hip California Corridor and a short walk to the Park. Eateries such as Spinning J and Lucys and so much more!

923 N Mozart Street, Chicago

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Residential Real Estate Investment in Chicago: The Benefits and Considerations (With a Twist of Humor)

Chicago, a city that's famous for its pizza, hot dogs, and... real estate investments? That's right folks, we're talking about investing in the Windy City's residential real estate market. In this blog post, we'll take a lighthearted look at the benefits of investing in Chicago real estate and what you need to consider before you dive in.

Benefits of Investing in Chicago Real Estate

Strong Economic Fundamentals: Chicago's economy is as solid as a slice of deep dish pizza, with industries like finance, healthcare, and technology driving job growth and stability. This provides a great foundation for real estate investment and the potential for long-term appreciation and rental income. Just don't try to eat the appreciation, it won't taste as good as the pizza.

Growing Population: With an estimated population of 2.7 million residents in 2021, Chicago's population is growing faster than a Cubs fan's excitement during the World Series. This means more demand for housing and more opportunities for residential real estate investment.

Affordable Options: Compared to other big cities, Chicago offers relatively affordable real estate options, making it a great choice for those who want to maximize their investment returns without having to eat ramen noodles for the next 10 years.

High Rental Demand: Chicago is a popular destination for renters, with a strong demand for rental properties. This demand creates consistent rental income for landlords, who can then afford to treat themselves to a Chicago-style hot dog every now and then.

Renovation Opportunities: Many older homes and buildings in the city are undergoing renovations and upgrades, adding value to the existing housing stock and making it an attractive opportunity for real estate investment. Just imagine, you could own a piece of Chicago history and also have a modern kitchen to make those deep dish pizzas.

Considerations Before Investing in Chicago Residential Real Estate

Location: Location is crucial when it comes to real estate investment, just like NOT putting ketchup on your hot dog is crucial if you're from the Windy City. Popular neighborhoods for residential real estate investment in Chicago include Portage Park, Lincoln Park, Lakeview, and River North.

Property Type: The residential real estate market in Chicago offers a variety of property types, including single-family homes, condominiums, and multi-unit buildings. Each property type offers unique benefits and challenges, so it's important to consider your investment goals and do your research. Just don't try to live in a condominium if you have multiple dogs, trust us.

Financing: Financing options for residential real estate investment in Chicago include traditional mortgage loans, cash purchases, and hard money loans. Working with a lender who understands the local real estate market can help you secure the best financing options for your investment goals. Just don't use your hot dog cart money to finance your investment.

Professional Assistance: Investing in real estate can be complex and requires a good understanding of the local market, regulations, and financing options. Working with a real estate agent who specializes in investment properties and a local property management company can be helpful in navigating the process and maximizing your returns. Or, if you're feeling adventurous, you can try doing it yourself, just don't mess up and bring ketchup for the hot dogs.

If you're looking for a home that is perfect for your family, you may want to consider a multi-family home.

In Chicago, there are many options to choose from. Multi-family homes come in many shapes and sizes, so whether you're looking for the convenience of a 2-flat AKA duplex, or the space of a three-flat or even 4-flat, you can find it here in Chicago.

Homes are like shoes: they never stop growing.

And when you're looking for the right home, don't settle for a pair that's just going to get you through the week. Get yourself a pair of flats that will take you from day to night, and then some.

Because at RE/MAX In The Village, we know that when you invest in a home, it's not just about what works now—it's about what works later on down the line. A lot can change in 10 years: your family might grow by one or two (or three or four…), your job could move to another state, and even your taste buds might change. And when those things happen, you want to know that your house is ready for whatever comes its way.

That's why we offer homes with plenty of flexibility: whether you're looking for something spacious enough for a big family but still cozy enough for date night; or if you're looking for something small and modern but still comfortable and cozy; or if you're just looking for something fun and funky -- Laurie Christofano your Realtor in Chicago will put her thinking cap on and help you find your dream home.

Investing in Chicago's residential real estate market can be a lucrative opportunity with many benefits, including strong economic fundamentals, a growing population, affordability, high rental demand, and renovation opportunities. However, it's important to consider the location, property type, financing options, and professional assistance before making a decision. By doing your research and working with the right team, you can achieve success in this dynamic market.

Is it a good time to sell my 3-flat in Chicago?