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$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

$699,000
5 Beds 4 Baths 12728227 MLS CONTINGENT Status
Welcome to this beautifully renovated brick two-flat in East Garfield Park, offering a versatile layout, modern updates, and excellent income potential. The spacious first-floor residence duplexes to the lower level and features 3 bedrooms and 3 full baths, including a main-level primary bedroom. An open-concept living, dining, and kitchen area with high ceilings and a large island creates an inviting space for everyday living and entertaining. Additional features include Wi-Fi enabled surround sound and cameras, a dedicated laundry area, generous storage, and access to the rear deck and fenced yard. The second-floor unit is vacant, move-in ready, and provides an excellent opportunity for additional rental income, extended family, or flexible living arrangements. This unit offers 2 bedrooms plus a den, a formal dining room, spacious island kitchen, in-unit laundry, and rear deck access. The expansive fenced yard provides a private outdoor retreat, complemented by a 2-car garage with a party/yard door. Major improvements include new parapet walls and a complete tear-off rubber roof completed in August 2025. Renovation work was completed with plans and permits. Conveniently located approximately a 4-minute walk from the California Green Line entrance, with easy access to I-290 and surrounding neighborhoods. A move-in-ready multi-unit property offering flexibility for an owner occupant or investor.

2825 W Walnut Street, Chicago

$259,900
4 Beds 4 Baths 12730404 MLS CONTINGENT Status
Turn-key investment opportunity or ideal owner-occupied 2-flat in a prime Woodstock location! The first-floor unit is currently in the process of moving out, creating an outstanding opportunity for an owner-occupant to move right in while generating immediate rental income from the occupied second-floor unit. This maintained property has been updated over the years, white trim and doors, hardwood and laminate flooring, updated lighting, and loads of windows that fill both units with natural light. The first-floor unit offers three bedrooms, a white cabinet kitchen complete with updated appliances, large living room and an updated full bath and half bath. The second-floor unit features one bedroom, large living room, nicely sized kitchen and updated bathrooms - one full and one half. Additional features include separate utilities for each unit, washer and dryer hookups in the basement (currently only the 1st floor unit has access to the basement), and a low-maintenance setup where tenants pay all utilities and are responsible for lawn care. Whether you're looking to live in one unit or expand your investment portfolio with a true turn-key property, this is an exceptional opportunity. Conveniently located just minutes from historic Downtown Woodstock Square, shopping, restaurants, schools, parks, and commuter routes. Don't miss your chance to own a versatile income-producing property in one of Woodstock's most desirable locations! Newer price gives you the opportunity to make exterior updates, if needed. Priced to sell!

731 N Madison Street, Woodstock

$650,000
8 Beds 5 Baths 12730083 MLS CONTINGENT Status
MULTIPLE OFFERS RECEIVED. SELLERS HAVE REQUESTED A HIGHEST AND BEST DEADLINE OF SATURDAY 5PM. RARE TURNKEY 4-FLAT INVESTMENT OPPORTUNITY IN CHICAGO RIDGE! Incredible turn-key multi-family property offered at $650,000, presenting a high-yielding opportunity for investors or owner-occupants. All units in this property will be delivered VACANT at closing, providing a rare, clean-slate advantage to immediately lease all four units at current top-of-market rents. This building offers strong, predictable cash flow in a low-vacancy Southwest Cook County submarket. Unmatched Value-Add & Space Potential: Beyond the standard 4-unit setup, the property features a spacious, full ~2,000 sq. ft. basement complete with a laundry room, an existing, functional bathroom, and dedicated tenant storage units. Immediate Income Boost: Monetize the storage lockers or install coin/app-operated laundry to unlock secondary revenue. Amenity Conversion: Transform the open floor plan into a tenant fitness center, private storage hub, or lounge space to command top-tier rental premiums across all units. Expansion Upside: Explore the potential for a 5th unit / Accessory Dwelling Unit (ADU) conversion (buyer to verify local zoning and municipal requirements). Exceptionally maintained, low hassle, and strong market positioning. Centrally located near local schools, Chicago Ridge Mall, major retail corridors, and Metra/highway access. Properties of this size and vacancy status rarely come to market at this price point!

7139 99Th Street, Chicago Ridge

$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

$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

$344,900
6 Beds 3 Baths 12729880 MLS CONTINGENT Status
Well-maintained legal 2-unit building located at 312 S Spencer St, Aurora, IL. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts and strong rental potential. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, providing extra living space that could be ideal for extended family, recreation, or additional rental possibilities (buyer to verify compliance). Exterior features include a long driveway with ample off-street parking, making it convenient for multiple occupants. Great opportunity for investors or owner-occupants looking to live in one unit while generating income from the other. Located near schools, shopping, dining, and with easy access to major roads and transportation.Well-maintained legal 2-unit building located at 312 S Spencer St, Aurora, IL. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts and strong rental potential. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, providing extra living space that could be ideal for extended family, recreation, or additional rental possibilities (buyer to verify compliance). Exterior features include a long driveway with ample off-street parking, making it convenient for multiple occupants. Great opportunity for investors or owner-occupants looking to live in one unit while generating income from the other. Located near schools, shopping, dining, and with easy access to major roads and transportation.

312 S Spencer Street, Aurora

$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

$1,850,000
4 Beds 9 Baths 12678128 MLS ACTIVE Status
No other multifamily properties offer this combination of location, design, construction quality, and financial return. Completely rebuilt in 2016, this architecturally distinctive three-unit property also includes a fourth unit in the English basement, providing additional income potential. Occupying a prime location in one of Elmhurst's most desirable residential neighborhoods, the property features luxury finishes, independent mechanical systems, premium building materials, and exceptional tenant amenities. This is a rare opportunity to acquire a truly distinctive, legacy-quality investment asset. Situated on a beautifully landscaped and irrigated oversized 75' x 170' lot in a quiet neighborhood of predominantly single-family homes, the property is ideally located just five blocks from downtown Elmhurst, the Metra commuter station, and Elmhurst University. This highly sought-after location continues to attract quality tenants and supports long-term value appreciation. With approximately 4,700 square feet of living space, the building offers six bedrooms, six full bathrooms, and three powder rooms across three exceptionally appointed residences. Each unit has been designed with a focus on comfort, privacy, and convenience, featuring independent natural gas HVAC systems, dedicated hot water heaters, natural gas fireplaces, in-unit washers and dryers, ensuite bathrooms, front-door communication systems, and dedicated internet and cable distribution hubs. Interior finishes include oak hardwood flooring, select carpeting in bedrooms, granite countertops, custom cabinetry, premium fixtures, and upgrade appliances throughout. Additional features further distinguish the property, including a detached three-car garage with individual access, parking for two vehicles per unit, front and rear secured entry halls, a pergola with natural gas BBQ connection, an automatic snow-melt system serving the front walk and porch, low-maintenance James Hardie fiber-cement siding, Marvin double-hung windows, and solid wood interior doors. Meticulously maintained and thoughtfully improved, this turnkey asset offers investors the rare opportunity to acquire a high-quality multifamily property with exceptional construction, enduring tenant appeal, and strong financial performance in one of Chicago's most desirable suburban communities. Current operating income provides a CAP of 5.45% at the asking price.

296 N Maple Avenue, Elmhurst

$750,000
5 Beds 4 Baths 12711401 MLS PENDING Status
Exceptional opportunity to own a beautifully maintained and thoughtfully updated two-flat on one of Avondale's most desirable tree-lined streets. Whether you're an investor seeking a turnkey income property or an owner-occupant looking for a flexible multi-unit living arrangement, this property offers incredible versatility, thoughtful updates, and future upside. The sun-filled owner's unit lives like a single-family home, spanning the second and third floors and featuring 3 bedrooms, a den, 2 full bathrooms, two separate living rooms, a formal dining room, and in-unit laundry. The attic has been completely transformed into a luxurious primary suite complete with a spacious bedroom, full bathroom, laundry, and an additional living space-creating the perfect private retreat, home office, nursery, or lounge. The first-floor unit offers 2 bedrooms plus a den, a formal dining room, one full bathroom, basement laundry, and a private rear deck, making it an attractive rental or ideal space for extended family. Step outside and enjoy one of the home's most impressive features-a beautifully landscaped backyard with a large patio, perfect for entertaining, grilling, gardening, or simply relaxing on warm Chicago evenings. The property also includes one rear parking space, a valuable convenience in this sought-after neighborhood. It's a truly special outdoor space that's been lovingly cared for over the years. For buyers looking to add even more value, there is potential to duplex the first-floor unit into the basement (buyer to verify feasibility), creating additional living space and increasing future income potential. Perfectly situated in the heart of Avondale, you'll love being just minutes from neighborhood favorites including Brands Park, the Chicago Riverwalk Trail, Sleeping Village, Avondale Bowl, Revolution Brewing's Kedzie Taproom, Loaf Lounge, and an ever-growing collection of acclaimed restaurants, coffee shops, and breweries. Commuting is effortless with easy access to the CTA Blue Line, multiple bus routes, and I-90/94, putting downtown Chicago, Logan Square, and O'Hare all within easy reach. Sunny, spacious, meticulously maintained, and filled with opportunity, this is a rare chance to own a move-in-ready two-flat in one of Chicago's fastest-growing and most desirable neighborhoods. Whether you're looking for a turnkey investment, a flexible owner-occupied property, or a home with room for extended family, 3748 N. Spaulding is a property you won't want to miss.

3748 N Spaulding Avenue, Chicago

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