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630-248-1976
Real Estate Company
4238 W Congress Parkway, Chicago, Illinois 60624
- $304,900
- 6
- BD
- 2
- BA
- List Price
- $304,900
- MLS#
- 12804389
- Status
- NEW
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 2
- County
- Cook
- City
- Chicago
- Neighborhood
- West Garfield Park
- Days On Market
- 0
Property Description
~ THE CASH COW!!!!! ~ INCOME-PRODUCING BRICK TWO-FLAT IN WEST GARFIELD PARK! Collect rent from day one with a long-term first-floor tenant who would love to stay, and put the vacant second-floor unit to work on your terms. This spacious brick two-flat features three bedrooms and one bath on each floor. The vacant unit gives the next owner the flexibility to move in, lease it out, or make updates before bringing it to market. Set on a residential block directly across from a neighborhood school, the property offers convenient access to public transportation, shopping, parks, and everyday amenities. Its classic brick exterior and spacious three-bedroom layouts make it a strong addition to an investment portfolio or an opportunity for an owner-occupant looking to offset expenses with rental income. The full unfinished basement is a standout feature with great possibilities. There's plenty of room to create dedicated storage, add laundry facilities, or explore finishing the space to add value. Investors may also explore separate utility metering and individual water heaters where feasible. Buyers should verify the feasibility of proposed improvements, utility changes, and future basement uses. Property is being sold AS-IS, subject to the existing tenancy. Buyer will assume responsibility for required City inspections, municipal compliance, property clean-out, and repairs. No survey or seller disclosures will be provided. Proof of funds or a lender preapproval letter must accompany all offers. Taxes will be prorated at 100%, and earnest money must be submitted in certified funds. Room counts, dimensions, lot size, and other property details are believed to be accurate but are not guaranteed. With rental income already in place and a vacant three-bedroom unit ready for your next move, this West Garfield Park two-flat gives you two ways to make the investment work for you.
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Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2023
- Tax Exemptions
- Senior
- Year Built
- 1890
- Lot Dimensions
- 3125 SQFT
- Lot Size Range
- Less Than .25 Acre
- Heating
- Radiator(s)
- Sewer
- Public Sewer
- Basement
- Yes
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