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Mike Savegnago

mikesavegnago@legacypropertiesil.com +1(630) 333-5547

$ 304,900

Est. payment | -/mo

6 Beds

2 Baths

0.25 Acres Lot

Save

$ 304,900

Est. payment | -/mo

Save

6 Beds

2 Baths

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12804389

Bedrooms 6

Year Built 1890

Annual Tax Amount $324

Tax Year 2023

Lot Size 10,890 Sqft

Lot Dimensions 3125 SQFT

Property Sub-Type Two to Four Units

Property Description

~ THE CASH COW!!!!! ~ INCOME-PRODUCING BRICK TWO-FLAT IN WEST GARFIELD PARK! Collect rent from day one with a long-term first-floor tenant who would love to stay, and put the vacant second-floor unit to work on your terms. This spacious brick two-flat features three bedrooms and one bath on each floor. The vacant unit gives the next owner the flexibility to move in, lease it out, or make updates before bringing it to market. Set on a residential block directly across from a neighborhood school, the property offers convenient access to public transportation, shopping, parks, and everyday amenities. Its classic brick exterior and spacious three-bedroom layouts make it a strong addition to an investment portfolio or an opportunity for an owner-occupant looking to offset expenses with rental income. The full unfinished basement is a standout feature with great possibilities. There's plenty of room to create dedicated storage, add laundry facilities, or explore finishing the space to add value. Investors may also explore separate utility metering and individual water heaters where feasible. Buyers should verify the feasibility of proposed improvements, utility changes, and future basement uses. Property is being sold AS-IS, subject to the existing tenancy. Buyer will assume responsibility for required City inspections, municipal compliance, property clean-out, and repairs. No survey or seller disclosures will be provided. Proof of funds or a lender preapproval letter must accompany all offers. Taxes will be prorated at 100%, and earnest money must be submitted in certified funds. Room counts, dimensions, lot size, and other property details are believed to be accurate but are not guaranteed. With rental income already in place and a vacant three-bedroom unit ready for your next move, this West Garfield Park two-flat gives you two ways to make the investment work for you.

Location

State IL

County Cook

Area Chi - West Garfield Park

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Fireplace N

Exterior

Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition Standard

Listed by Monica Poland of RE/MAX 10 Lincoln Park

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 333-5547

mikesavegnago@legacypropertiesil.com

4238 W Congress Pkwy Chicago, IL 60624