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$260,000
Est. payment /mo
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12691723
Bedrooms 6
Year Built 1913
Annual Tax Amount $2,117
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Located in the highly desirable Woodlawn neighborhood, just steps from Washington Park, this classic all-brick two-flat offers exceptional value, flexibility, and investment potential. The first and second-floor units feature nearly identical layouts, each with a spacious living room, two bedrooms, and a galley-style kitchen. The second-floor unit is move-in ready, showcasing newer flooring, an updated kitchen with modern cabinetry and new appliances, and a renovated bathroom. It's the perfect opportunity to live comfortably while updating the rest of the property. The first-floor unit has already seen many of the major improvements completed and is ready for your finishing touches. Whether you're looking to customize your own living space or maximize rental income, it's a blank canvas with endless possibilities. The full basement, previously finished, has two separate entrances and offers tremendous potential. Restore it as a third unit (subject to local zoning and approvals) or duplex it with the first-floor unit to create a spacious owner's residence while generating rental income from the second-floor apartment. The location is hard to beat, with convenient access to Washington Park, the lakefront, the Obama Presidential Center, the University of Chicago, public transportation, and neighborhood amenities. Whether you're an investor or an owner-occupant, this property offers outstanding upside in one of Chicago's fastest-growing communities. Don't miss this opportunity-schedule your showing today and discover everything this property has to offer!
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas
Fireplace N
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 REO/Lender Owned
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Listed by Ryan Smith of Re/Max Premier
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Jay English
Licensed Broker & Investor | License ID: 475.212444
Licensed Broker & Investor License ID: 475.212444