Great Value-Add Investment Opportunity - Legal 3-Unit Building Excellent opportunity for investors or rehabbers looking to add value. This legal 3-unit building offers strong income potential and is being sold with two long-term tenants in place. Current rents are well below market value, providing excellent upside potential. One tenant has occupied the property for over 30 years, and the other for over 10 years. The vacant garden/basement with a newer furnace (2024) is ready for updating before occupancy. Each apartment features 2 bedrooms plus a versatile bonus room that can be used as a home office, pantry, or additional storage. This property includes an enclosed rear porch. Additional features include an unfinished attic with potential for future use (subject to city approvals), a detached garage, and a spacious backyard. The building is in need of updating throughout and offers an excellent opportunity for renovation and increased value. Property is being sold AS IS. Listing agent related to seller. Schedule your tour today!
— the listing agent’s description
The home
6 beds
3 baths
Built in 1893
Lot 24 x 125
2-car garage
Two to Four Units
What it’ll cost
$1,793 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$1,607/mo
Principal & interest$1,382
Property taxes$149
Homeowners insurance$76
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
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On our team, vettedYour info is never soldWith you through closing
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In person, on your schedule — a dwello agent meets you there.
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.