Good investment opportunity featuring a classic Chicago 2-flat offering a total of 11 bedrooms and 5 bathrooms with strong income potential and value-add upside. The property includes two main units plus a garden-level in-law setup, making it well suited for investors seeking flexible rental options. The 1st floor unit features 4 bedrooms and 2 bathrooms and is currently leased at $2,150 per month on a 12-month lease. The 2nd floor unit offers 5 bedrooms and 2 bathrooms and is currently leased at $2,500 per month on a 24-month lease. The garden level includes an in-law arrangement with a separate entrance, featuring 2 bedrooms and 1 bathroom; it is also leased at $1,700 per month on a 24-month lease. Recent updates include updated kitchens and one bathroom in both the 1st and 2nd floor units (2025). The 1st floor unit shares a furnace with the garden level, replaced in 2024, while the 2nd floor unit has a separate furnace. Additional improvements include PVC and copper plumbing, mostly rigid electrical, a brand-new rubber roof with 2-inch insulation (2025), and all brickwork completed in 2025. A solid building with updated systems, ideal for investors looking to maximize returns.
— the listing agent’s description
The home
11 beds
5 baths
Built in 1906
Lot 25x154
Two to Four Units
Greystone
What it’ll cost
$7,058 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$3,393/mo
Principal & interest$2,659
Property taxes$588
Homeowners insurance$146
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.