Unique Chicago Three Flat building located on historic Wabash Avenue, in the elevating Washington Park neighborhood. With an ARV of $700,000+ and rental comps of $2000+, this current blank canvas is ideal for an owner occupant aiming to renovate, live in one unit and rent the other two units out, covering their mortgage or an investor aiming to renovate and make a surplus of equity and instant cash flow. Nestled on a beautiful block with various renovated properties and a recently completed new build next door, this 3-unit property holds 12 bedrooms x 3 baths. Each unit features 4 spacious bedrooms, 1 full bath, large living room and kitchen areas, incredible backyard with ample amounts of space for entertainment and potential additional construction. New furnaces, copper plumbing, updated electrical service, conduit electrical, updated water service and areas of new drywall have been installed, along w/ some interior demo work. New floor plan layout renderings are included for conversion to 3 bedroom x 2 bath units (primary bed + en-suite bath) w/ in-unit laundry. Amazing opportunity to capitalize on a great passive income investment with this centrally located property blocks away from Washington Park, close to Dan Ryan and the Red line, 15 min from The Loop/Downtown, and minutes away from Hyde Park shopping/restaurants and the newly constructed Obama library. Schedule a tour today!
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Patrick Teague
$269,000 (USD)
South Holland Area Single Family Home
Active
16314 Woodlawn East Avenue South Holland, IL 60473
3 Bed
2 Baths
1500 sqft
MLS# 12442346
Welcome to this beautiful, solid, brick south suburban home, located in the South Holland community. This property holds 3 bedrooms x 2 bathrooms and has undergone a recent 2022 renovation, boosting hardwood floors throughout, quartz countertops, stainless steel appliances, a massive living room and formal dining room, a lower level that may be utilized as a basement, recreational or entertainment space w/ a separate laundry room and a generous 2.5 car attached garage. Very nice area, located in walking proximity to all retail on route 6 and easy expressway access.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Patrick Teague
$220,000 (USD)
Chicago Area Multi-Family Home
Active
8051 S Throop Street Chicago, IL 60620
6 Bed
2 Baths
sqft
MLS# 12443011
Welcome to this South Side red brick Two Flat, located in Auburn Highland Harts. Investor friendly solid property that needs some TLC w/ a potential ARV of 450K plus. Both units contain 3 bedrooms x 1 bathroom, eat-in kitchens w/ pantries, formal dining rooms and hardwood floors. This property also boosts a brick 3 car garage and a full building length unfinished basement. Solidify this as your next income producing investment property or house hack and live in one unit, while leasing the other unit out.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Patrick Teague