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$350,000
8 Beds ⋅ 4 Baths ⋅ 12733362 MLS ⋅ ACTIVE Status
This well-kept four-unit brick turnkey performer in West Pullman offers fresh appeal for both owner-occupants and investors. All units received full renovations in 2023, delivering modern two-bedroom, one-bath layouts with white shaker cabinets, quartz counters, and all new appliances. Three units currently rent for a combined $3,400 monthly gross income, with tenants handling heat, electric, and gas. The fourth unit remains vacant, ideal for an owner-occupant to move in and ofset costs with rental income from the others, or to lease for stronger cash flow. The setup fully rented delivers a solid 10 cap rate on today's numbers, and with local two-bedroom rents averaging around $1,400-$1,550 recently, there's clear potential to increase as leases renew. On-site coin laundry provides steady extra income with minimal effort. With Metra access, nearby parks and the upcoming addition of a Hampton by Hilton hotel to local anchors, Chik-Fil-A, Gotham Greens, Method, Amazon and other national chains, West Pullman offers a mix of affordability and upside with ongoing interest and rising values.

16 E 118Th Place, Chicago
$195,000
6 Beds ⋅ 4 Baths ⋅ 12733112 MLS ⋅ ACTIVE Status
*** Cash or Hard Money Offers Only! *** Investor Special - 4-Unit Multifamily Opportunity! Calling all investors and rehabbers! This 4-unit building is being sold As-Is and offers tremendous value-add potential. One unit is currently vacant and available for showings. Buyers may submit offers contingent upon inspection of the remaining three occupied units. Located near schools and within a desirable school district, this property presents an excellent opportunity for rental income growth and long-term appreciation. The interior requires TLC and updating, making it ideal for investors looking to renovate or tear down. New construction being built next door. 2-flats priced in the area in the high 400's. Bring your contractor, run your numbers, and take advantage of this opportunity before it's gone!

7230 S Wentworth Avenue, Chicago
$575,000
6 Beds ⋅ 5 Baths ⋅ 12731845 MLS ⋅ PRICE CHANGE Status
NEW PRICE - $575,000! Seller offering up to $10,000 toward buyer's allowable closing costs and prepaid expenses with an acceptable offer. Rarely available side-by-side duplex in the heart of Little Village! This updated 2-flat offers two spacious bi-level units with a unique layout that's hard to find-an excellent opportunity for investors, multi-generational living, or an owner-occupant looking to live in one unit and rent out the other. Designed to maximize outdoor living, the property features a private fenced backyard and detached 2-car garage. Both units offer modern finishes, open-concept living spaces, updated kitchens, and stylish bathrooms, creating a move-in-ready property with exceptional versatility. Fantastic Little Village location just blocks from the bustling 26th Street corridor, surrounded by neighborhood restaurants, shopping, and local businesses. Convenient access to CTA bus routes, the Pink Line, and major roadways makes commuting throughout the city easy. A truly unique property offering space, flexibility, and income potential in one of Chicago's most vibrant neighborhoods. Side-by-side duplex properties like this don't come around often-schedule your showing today!

2407 S Albany Avenue, Chicago
$825,000
9 Beds ⋅ 6 Baths ⋅ 12732983 MLS ⋅ ACTIVE Status
Buyers can qualify for the Chicago Land Bank $20,000 Grant. Exceptional investment for an owner-occupant. October Delivery. New construction three-unit property featuring modern finishes and thoughtful design throughout. Each spacious unit offers 3 bedrooms and 2 full baths. Step inside to find open-concept layouts with abundant natural light, in-unit laundry, and stainless steel appliances in every kitchen. A rear parking pad provides off-street parking for residents. Located near public transit, parks, and local amenities, this is a rapidly appreciating area, with lots of upside.

3018 W Polk Street, Chicago
$825,000
9 Beds ⋅ 6 Baths ⋅ 12732982 MLS ⋅ ACTIVE Status
Buyers can qualify for the Chicago Land Bank $20,000 Grant. Exceptional investment for an owner-occupant. October Delivery. New construction three-unit property featuring modern finishes and thoughtful design throughout. Each spacious unit offers 3 bedrooms and 2 full baths. Step inside to find open-concept layouts with abundant natural light, in-unit laundry, and stainless steel appliances in every kitchen. A rear parking pad provides off-street parking for residents. Located near public transit, parks, and local amenities, this is a rapidly appreciating area, with lots of upside.

3109 W Polk Street, Chicago
$825,000
9 Beds ⋅ 6 Baths ⋅ 12732973 MLS ⋅ ACTIVE Status
Buyers can qualify for the Chicago Land Bank $20,000 Grant. Exceptional investment for an owner-occupant. October Delivery. New construction three-unit property featuring modern finishes and thoughtful design throughout. Each spacious unit offers 3 bedrooms and 2 full baths. Step inside to find open-concept layouts with abundant natural light, in-unit laundry, and stainless steel appliances in every kitchen. A rear parking pad provides off-street parking for residents. Located near public transit, parks, and local amenities, this is a rapidly appreciating area, with lots of upside.

3125 W Polk Street, Chicago
$395,000
8 Beds ⋅ 3 Baths ⋅ 12732919 MLS ⋅ ACTIVE Status
Welcome to the charming, income-generating 2-unit building in South Shore offering 8 bedrooms, 3 bathrooms, and a 2-car garage with a party door. The property features a 3-bedroom upper-level unit currently rented for $1,300/month, providing immediate rental income and strong potential for growth. The first-floor unit is duplexed to the basement and offers an expansive 5-bedroom, 3-bathroom layout with spacious bedrooms, hardwood floors, and stainless steel appliances. The first-floor unit has an estimated rental potential of $2,500-$2,700/month, making this an attractive opportunity for an investor or owner-occupant looking to maximize the property's income potential. With ease of access to Obama Presidential Center, University of Chicago, Jackson Park Hospital, the Illinois Tollway, Lake Shore Drive, Metra, and several commuter bus routes including 6, 28, 71, and 75, this may be the most convenient (and attractive) choice for you and/or your future tenants. The property is being offered as-is with a premium warranty covering major systems, appliances, correction of code violations, permits and modifications. The owner will address lender-required repairs as needed to facilitate financing. This is a solid opportunity for buyers seeking space, rental income, and long-term upside in a highly coveted location. If you're serious about taking the next step, contact me to schedule your showing today.

7422 S Blackstone Avenue, Chicago
$679,000
8 Beds ⋅ 5 Baths ⋅ 12721912 MLS ⋅ ACTIVE Status

Chicago
$519,000
7 Beds ⋅ 4 Baths ⋅ 12732268 MLS ⋅ ACTIVE Status
HUGE BRICK CORNER 4 UNIT BUILDING. RECENTLY UPDATED . ALL NEW PLUMBING, ELECTRICAL , NEW H20 TANKS , NEW PORCHES .ALL SEPARATE UTILITIES THESE W/3 RENTAL UNITS & AN OWNER UNIT . FEATURING HARDWOOD FLOOR , CERMIC KITCHEN & BATHROOMS LAUNDRY ROOM .NOTHING TO DO BUT COLLECT RENT . DO NOT DISTURB TENANTS

5658 S Honore Street, Chicago
$425,000
6 Beds ⋅ 2 Baths ⋅ 12732191 MLS ⋅ ACTIVE Status
Welcome to 2753 W 38th St, a great investment opportunity located in the Brighton Park neighborhood of Chicago. This property offers excellent potential for investors looking to add to their portfolio or owner-occupants seeking a property with existing rental income. The property currently has 1 tenant on a month-to-month basis one did just move out , it was generating a combined monthly rental income of $3,050 ($1,500 and $1,550). The existing rental income provides an immediate income stream while offering the new owner flexibility with future plans for the property. The property is well insulated, including the interior and exterior walls, floors, and ceilings, providing added comfort and energy efficiency throughout the home. An adjacent, separate lot is also available and can be purchased separately or together with the property. This additional parcel provides an excellent opportunity for a buyer looking for additional land, potential future development, parking, or other permitted uses. Conveniently located near major streets, public transportation, shopping, restaurants, schools, parks, and other neighborhood amenities. The property provides easy access to surrounding Chicago neighborhoods and major transportation routes. This is an excellent opportunity for an investor seeking an income-producing property with additional land available, or for a buyer looking for a property with multiple options for future use. Schedule your showing today and explore the possibilities this property and adjacent lot have to offer. Property is an estate sale being SOLD AS IS. Property was reactivated due to issues with buyers loan.

2753 W 38Th Street, Chicago
$829,000
6 Beds ⋅ 3 Baths ⋅ 12731932 MLS ⋅ ACTIVE Status
Investors, rehabbers, home owners, here is an opportunity in west town. Three units building, near shopping, transit, and just minutes to the loop. New construction all around. Property needs work AS-IS.

2214 W Erie Street, Chicago
$467,900
6 Beds ⋅ 2 Baths ⋅ 12729964 MLS ⋅ ACTIVE Status
Beautifully renovated brick 2-flat offering the perfect combination of classic Chicago character and modern construction. This full gut rehab was taken down to the studs and completely rebuilt, featuring new framing, insulation, plumbing, electrical, HVAC, and a new roof. Each spacious unit offers 3 bedrooms and 1 full bathroom with thoughtfully designed modern finishes throughout. The kitchens feature stylish cabinetry, countertops, and fixtures, while the updated bathrooms provide a clean, contemporary feel. A major bonus for both owners and tenants is in-unit laundry in each apartment-an increasingly desirable feature that adds significant rental appeal. The property also includes a detached 2-car garage, providing valuable off-street parking and additional convenience. Completely rehabbed and turnkey, with the major systems and finishes already completed, making this an excellent opportunity for an investor or owner-occupant looking for a low-maintenance, fully renovated 2-flat.

8151 S Ada Street, Chicago
$1
10 Beds ⋅ 4 Baths ⋅ 12732123 MLS ⋅ AUCTION Status
Listing price $405,600 Great opportunity on this 4-unit building. It offers approximately 3,858 square feet of living space with 10 bedrooms and 4 bathrooms. Built in 1925 repairs and updates are needed but has potential. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect prior bidding.

Chicago
$289,000
10 Beds ⋅ 3 Baths ⋅ 12728082 MLS ⋅ ACTIVE Status
GREAT INVESTMENT PROPERTY!!!!!!!!!!!!!!!!! THIS NEWLY REHABBED FRAMED 2-FLAT HAS 10 ROOMS -- 5 BD/1.1BTH ON EACH FLOOR!!!!!!!!!!!!!!!EACH FLOOR RECENTLY REHABBED WITH NEW KITCHENS, NEW BATHROOMS AND PLUMBING, NEW WINDOWS, NEW ROOF, WROUGHT IRON FENCE, SEPARATE UTILITIES, ETC... DEFINITELY A MUST COME AND SEE!!!

253 W 43Rd Street, Chicago
$299,000
6 Beds ⋅ 4 Baths ⋅ 12731984 MLS ⋅ ACTIVE Status
Turnkey Investment Opportunity! Don't miss this fully occupied 2-unit building offering immediate cash flow from day one. Each unit features a spacious layout with 3 bedrooms and 1 full bathroom, providing desirable living space for tenants. The shared basement includes a washer and dryer for added convenience. Whether you're a seasoned investor or looking to add your first multi-unit property to your portfolio, this income-producing property offers excellent long-term potential. Conveniently located near schools, public transportation, and major expressways. Collect rental income from day one while building equity with this solid investment opportunity!

6753 S Loomis Boulevard, Chicago
$859,999
6 Beds ⋅ 4 Baths ⋅ 12731325 MLS ⋅ ACTIVE Status
East Pilsen four-unit building with unfinished full basement currently collecting $76,800/year in rental income. Basement under back half currently used for common storage and laundry, with the basement under the front half ready to be duplexed. Brand new wooden deck and staircase between the units, new front gate and doors in front of property. Rear units 1R and 2R were both upgraded with new floors, appliances, cabinets in 2024, front units are in great turn key shape but have value add opportunity with or without duplex option. Steps to everything that 18th St has to offer, potential AirBNB option with proximity to Thalia Hall. New roof on both the front and rear units in 2021.

1019 W 18Th Street, Chicago
$875,000
9 Beds ⋅ 6 Baths ⋅ 12731684 MLS ⋅ ACTIVE Status
You can stop looking Now! Here is your chance to purchase a new construction 3- unit building on Warren Blvd. and this one-way street takes you directly Downtown! This building was designed for investors and owner-occupants looking to house hack. This building features three spacious 3-bedroom, 2-bath residences, providing a total of 9 bedrooms and 6 bathrooms. Enjoy the flexibility to occupy one unit while generating rental income from the other two units or add a low-maintenance multifamily asset to your investment portfolio. Each unit offers an open-concept layout, modern kitchen with custom cabinetry, quartz countertops, stainless steel appliances and tile backsplash, along with a primary suite, in-unit laundry and private outdoor space. Each unit provide separate utilities for convenience for property management. The fully fenced property includes three dedicated rear parking spaces with EV charging capability. Ideally positioned near I-290, public transportation, the West Loop and Downtown Chicago, this newly constructed 3-unit combines modern finishes, multiple income-producing units and long-term investment potential. East Garfield is the new Garden District and is changing right before our eyes with this new infrastructure you will enjoy beautiful parks, gardens and an incredible skyline.

3031 W Warren Boulevard, Chicago
$950,000
8 Beds ⋅ 4 Baths ⋅ 12731559 MLS ⋅ ACTIVE Status
Attention, attention! This solid brick 4-unit building offers an excellent owner-occupant or investment opportunity. Each unit has its own boiler, with tenants responsible for their individual heating costs. All four units have been updated and feature in-unit washers and dryers. Water hater, furnace and roof are newer. Two bathrooms have been renovated, The property has been exceptionally well cared for and the full unfinished basement provides potential for additional storage or future expansion, subject to applicable approvals. The property also includes three rear parking spaces. One unit is currently vacant (listed for rent) and has been fully rehabbed, making it ideal for an owner-occupant to move right in. With rental from the other three units, an owner-occupant has the potential to significantly or potentially cover-their mortgage and living expenses.

4112 W Wellington Avenue, Chicago
$170,000
4 Beds ⋅ 2 Baths ⋅ 12730771 MLS ⋅ ACTIVE Status
This Solid 2 Flat is the perfect income property. Row-house. Both apartments have 2 bedrooms. Has separate gas & electric and separate furnace. Needs very minor repairs and updates. Large foyer. Silver-coated roof Freshly coated 2 years ago with newer portico & front porch. PROPERTY IS IN MOVE-IN CONDITION AND SOLD IN AS-IS CONDITION. NO SURVEY.

10531 S Corliss Avenue, Chicago
$999,950
9 Beds ⋅ 6 Baths ⋅ 12723096 MLS ⋅ ACTIVE Status
Discover this fully stabilized, newer-construction three-flat in the heart of Bronzeville; an exceptional turnkey investment opportunity. Each spacious unit offers 3 bedrooms and 2 bathrooms with in-unit laundry, stainless steel appliances, quartz countertops, modern cabinetry, designer finishes, and a private primary suite with an en-suite bathroom. Rear balconies overlooking the backyard provide additional outdoor living space for tenants. Ideal for investors or a 1031 exchange, this income-producing property offers a current rent roll of $7,100 per month / $85,200 annually, providing strong rental income in one of Chicago's fastest-growing neighborhoods. Financials available upon request. Perfectly positioned in a high-demand location, the property is just minutes from the South Loop and Downtown Chicago, with convenient access to the CTA Green and Red Lines, Metra, Lake Shore Drive, and the Dan Ryan Expressway. Mariano's, neighborhood parks, schools, churches, and local dining are all within easy reach, making this an attractive location for tenants and an excellent long-term investment.

4053 S Prairie Avenue, Chicago
$585,000
12 Beds ⋅ 4 Baths ⋅ 12731019 MLS ⋅ ACTIVE Status
We just installed a brand new roof and re-built the parapet! Turnkey 4-unit brick greystone, fully gutted and rebuilt in 2020, offering four spacious 3-bedroom /1-bath units (12 bedrooms total) plus a finished walkout garden level and two exterior parking spaces. Steps from Douglass Park and the Pink Line, and minutes to the Illinois Medical District, the West Loop, and I-290 - a location drawing steady renter demand and sustained investor interest along the revitalizing Ogden corridor. Each unit was rebuilt with modern kitchens, updated baths, and separate mechanicals, positioning the building for immediate lease-up at current market rents. Comparable renovated 3-bedroom units in North Lawndale are leasing in the $1,500-$1,800 range, giving a new owner a clear path to strong, stabilized cash flow with value-add upside on any below-market unit. Tax advantage: The 2025 assessment was successfully appealed at the Cook County Board of Review, reducing the assessed value from 50,400 to 40,174 - roughly a 20 pct reduction and an estimated annual savings of about $2,000. Post-appeal real estate taxes are projected in the ~$7,600-$8,100 range, materially lowering carrying costs and directly improving NOI for an income-focused buyer. Ideal for an investor seeking stabilized West Side cash flow or an owner-occupant house-hacker. As a 4-unit, the building qualifies for the Fannie Mae 5 pct-down owner-occupant program (2-4 units), which - unlike FHA - does not require the property to pass the self-sufficiency (net rental income) test, widening the buyer pool. Financing eligibility subject to buyer qualification. Offering memorandum with rent roll and expense detail available on request.

1307 S Kedzie Avenue, Chicago
$1,099,000
9 Beds ⋅ 6 Baths ⋅ 12730632 MLS ⋅ ACTIVE Status
Magazine Caliber Simply Stunning, Massive Expansive footprint, with 3 car garage New Construction 3 flat all 3 bedroom 2 baths set on over sized 152 deep lot. Exceptional, Elegant, Intelligent Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Full Back splash, Fireplace with Custom Mill Work and indirect Lighting, Mud Rooms, Wide Plank Engineered Flooring, Accent Wall Cohesive Design offering relief from ordinary, sequestered primary suite, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, & Custom Mirrors and designer plumbing fixtures. Professional closet organizers throughout, 3 car Garage. Urban Intimacy w/ Hyper Convenience Experience excellence. Veteran developers of 25 + years, 1 year warranty included. Hyper Convenient, AAA Trophy Piece Perfect Turn key, Owner Occupied, Investor or 1031.This is exceptional property and location. IMMEDIATE Delivery. Pictures are from actual project. Projected Monthly $8950/ $105,000 Annual/7.5 CAP Move in ready

4841 S Prairie Avenue, Chicago
$545,000
7 Beds ⋅ 4 Baths ⋅ 12730397 MLS ⋅ ACTIVE Status
Welcome to 5144 S Hermitage Ave, a fully rehabbed, all-brick 3-unit multifamily investment property in Chicago. 2 units are rented; 1 vacant at listing time. Features include separate in-unit furnaces and water heaters, new plumbing throughout, updated kitchens and baths, and newer electrical service. Tenants are responsible for separate gas and electric; a property management company is in place. One unit may be available for an owner-occupant at this time. Sold AS IS

5144 S Hermitage Avenue, Chicago
$630,000
14 Beds ⋅ 4 Baths ⋅ 12730060 MLS ⋅ ACTIVE Status
Exceptional investment opportunity at 720 W. 61st Street, Chicago, IL! This massive, fully renovated 4-unit building sits on a double lot on a quiet residential block and offers outstanding income potential for both investors and owner-occupants. The property features three spacious 4-bedroom units and one 2-bedroom garden apartment, providing highly desirable layouts with excellent rental appeal. Each unit has been thoughtfully renovated with new kitchen cabinets, stainless steel appliances, updated light fixtures, modern bathroom vanities, new flooring, beautifully refinished hardwood floors, and new interior doors. Significant capital improvements include two new hot water tanks, a recently serviced roof, new carpeting throughout the common areas, and a professionally waterproofed and freshly painted basement. The building has been well maintained and requires only minor TLC in portions of the common areas along with some tuckpointing. The rear porch has existing city violations that are not safety-related but will need to be brought into code compliance. Conveniently located near public transportation, schools, parks, shopping, and major expressways, this property offers the perfect combination of location, space, and value. With its extensive renovations, oversized units, double lot, and strong cash flow potential, 720 W. 61st Street presents a rare opportunity to own a turnkey multi-family investment in one of Chicago's established neighborhoods.

720 W 61St Street, Chicago
$696,000
10 Beds ⋅ 7 Baths ⋅ 12724477 MLS ⋅ ACTIVE Status
Features to compare, location of Southeast Southshore. Beautiful 3 story brick with a feal of joy and history 3 full bedrooms and 2 full bathrooms pre apartment. Central radiator heat, hot water, included ,property All 3units are vacate, smaller 2bedroom unit is in the basement for in-law. Review pictures. 24 hours notice . to show. contact listing agent

7840 S Essex Avenue, Chicago
$449,900
6 Beds ⋅ 4 Baths ⋅ 12730101 MLS ⋅ ACTIVE Status
Exceptional 4-Unit Investment Opportunity in Park Manor! Welcome to 7348 S. Vernon Avenue, a spacious all-brick multifamily property offering an outstanding opportunity for investors looking to expand their Chicago real estate portfolio. This well-maintained building features four residential units with a total of 6 bedrooms and 4 full bathrooms, plus a full basement offering additional storage and future possibilities. The property underwent significant improvements, including an updated boiler, electrical wiring, plumbing, kitchens, bathrooms, appliances, beautifully refinished hardwood flooring, and improvements to the enclosed porch area. Throughout the building, you'll find generously sized living spaces, hardwood floors, and beautiful original woodwork that preserves the character and craftsmanship of this classic Chicago property. Situated on a residential block in the desirable Park Manor community, the property offers convenient access to public transportation, neighborhood amenities, and major expressways, including I-90/I-94.The landlord currently pays gas and electric for the building/tenants, except Unit 1F pays its own electric. Whether you're an experienced investor or looking to add your next multifamily property to your portfolio, 7348 S. Vernon offers space, character, location, and income-producing potential all under one roof. Opportunities to acquire a four-unit brick building like this don't come along every day-schedule your private showing and discover the possibilities! The RENT ROLL is in the Document Section.

7348 S Vernon Avenue, Chicago
$419,900
3 Beds ⋅ 2 Baths ⋅ 12730049 MLS ⋅ ACTIVE Status
Located in Chicago's highly sought-after Portage Park neighborhood, this multi-unit property offers an exceptional opportunity for investors and owner-occupants alike. Enjoy strong rental demand, convenient access to the CTA Blue Line, Metra, I-90/94, and O'Hare International Airport, along with nearby shopping, restaurants, schools, and the renowned Portage Park. The neighborhood's tree-lined streets, classic Chicago architecture make this an ideal long-term investment. **Priced well below market value to reflect the repairs and updates needed, this property presents tremendous upside for buyers looking to renovate and build equity. Whether you're expanding your investment portfolio or planning to live in one unit while generating rental income from the others, this property offers exceptional value in a highly desirable location. Property is being sold AS-IS. Don't miss this rare opportunity to own a multi-unit building with outstanding income and appreciation potential in one of Chicago's premier Northwest Side neighborhoods.

4256 N Meade Avenue, Chicago
$975,000
9 Beds ⋅ 6 Baths ⋅ 12729805 MLS ⋅ ACTIVE Status
Nugent Builder 3 Flat available. Solid brick construction with each unit having 3 bed 2 bath, washer/dryer, stove, refrigerator, dishwasher, central a/c and parking. 1st unit updated in 2019 with new flooring, new kitchen cabinets, granite countertop and stainless steel appliances. 3rd unit has balcony and vaulted ceilings and was updated with new kitchen cabinets, quartz countertop, carpeting/flooring, stainless steel appliances in 2023. All units are large with open concept living spaces. Close to trains, buses and expressways, 1/2 block from the UIC shuttle. Minutes to the loop. Check out income for each unit!!! Tenants pay their own utilities. Very desirable and easy to rent. Owner is an Illinois Real Estate Broker.

2447 W Polk Street, Chicago
$650,000
4 Beds ⋅ 2 Baths ⋅ 12729742 MLS ⋅ ACTIVE Status
Beautiful Brick 2-Flat with Full Walkout Basement! Great Northeast Belmont Cragin location. Well-maintained brick 2-flat offering spacious layouts and classic Chicago charm. Each unit features 2 bedrooms, 1 full bath, a generous living room, and a separate formal dining room. Both units also feature original hardwood floors, beautiful original wood trim and molding, and decorative fireplaces that add character and warmth. The property includes enclosed porch space and a full walkout basement offering additional storage. Outside, enjoy a nicely landscaped yard, a 2-car detached garage with an additional carport, and plenty of outdoor space. Conveniently located near schools, shopping, and public transportation. The CTA bus stop is right at the corner, providing easy access to the Cicero and Belmont bus routes and making commuting a breeze. A great opportunity for an investor and a convenient location for tenants.

4818 W Fletcher Street, Chicago
$619,000
7 Beds ⋅ 4 Baths ⋅ 12729584 MLS ⋅ ACTIVE Status
Rare 4-Unit in the Heart of Pilsen! Exceptional investment opportunity on an approximately 25' x 125' corner lot (per survey) with RT-4 zoning (buyer to verify). Rare opportunity to acquire a legal 3-unit PLUS a separate coach house in one of Chicago's most sought-after investment neighborhoods. Coach house with front door direct access to Wood Street, allowing it to function much like a standalone single-family home. The front building offers a spacious first-floor duplex-down with soaring ceilings and finished lower level, a rear first-floor 2-bedroom with excellent duplex potential, and a bright, sun-filled second-floor 2-bedroom. The coach house features its own private entrance, lofted ceilings, a 2-bedroom/1-bath layout, and a full unfinished basement offering exceptional storage and future expansion potential. Substantially renovated in 2003, the property features separate electric service and HVAC for all four units. Additional improvements include a front building roof replacement (approximately six years ago) and a new furnace and central air system in the coach house (2025). Offered AS-IS, the property is ready for thoughtful updating and presents an outstanding value-add opportunity. Lovely long-term tenants provide stable in-place income while offering significant upside through future renovations, lease optimization, and rent growth. Current Gross Income: $44,280/year ($3,690/month) Current Rent Roll * Unit 1F: 1BR/1BA duplex-down | $1,100/month | Lease through 5/31/27 * Unit 1R: 2BR/1BA | $700/month | Month-to-month * Unit 2F: 2BR/1BA | $690/month | Month-to-month * Coach House: 2BR/1BA | $1,200/month | Month-to-month Three of the four units are month-to-month, providing immediate flexibility to implement a value-add strategy while maintaining current cash flow. Ideally located in the heart of Pilsen, just steps from the vibrant 18th Street corridor featuring neighborhood favorites including 5 Rabanitos, Los Comales, Pizza Nova, and Carniceria Maribel. Conveniently located near the CTA Pink Line, UIC, the Illinois Medical District, and Downtown Chicago. First showings by appointment only July 10, 11 & 12. Buyer to independently verify zoning, legal unit count, redevelopment potential, and all property information.

1801 W 21St Place, Chicago



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