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$ 275,000
Est. payment | /mo
5 Beds
2 Baths
$ 275,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12683415
Bedrooms 5
Year Built 1906
Annual Tax Amount $3,616
Tax Year 2024
Lot Dimensions 3217
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity in Chicago's Auburn Gresham neighborhood! This well-maintained brick two-unit building offers strong cash-flow potential with two long-term tenants currently in place on month-to-month leases, providing flexibility for investors and owner-occupants alike. The first-floor unit includes direct access to the basement, offering potential for a duplex-down conversion. Each spacious unit features generous room sizes, hardwood flooring, separate living and dining areas, updated kitchens and bathrooms, and abundant natural light throughout. The property has been well cared for over the years and is in overall great condition, allowing a new owner to step in with confidence. Additional highlights include a full basement offering ample storage and future potential, a large backyard, and rear parking. The classic Chicago brick exterior adds timeless curb appeal, while the oversized layout provides comfortable living spaces rarely found at this price point. Whether you're looking to expand your investment portfolio, generate immediate rental income, or occupy one unit while collecting rent from the other, this Auburn Gresham gem presents a fantastic opportunity. Conveniently located near public transportation, schools, parks, shopping, and major thoroughfares. Don't miss your chance to own a solid, income-producing property with stable tenancy and long-term upside potential.
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Roof Type Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
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 Adrian Perez of Avenue Properties Chicago
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