An incredible investor opportunity awaits in Chicago's vibrant New City neighborhood! This multi-unit property, primed for a significant value-add transformation, features a spacious second-floor unit with four bedrooms and one bathroom, alongside a generous first-floor unit offering three bedrooms and one bathroom. A full, unfinished basement provides ample potential for expansion or additional amenity space, allowing for creative vision and maximizing future rental income. Situated in an area with a strong rental market and ongoing community revitalization initiatives, this property is ideally priced for advantageous financing, including DSCR loans. While it requires substantial work, the upside for a savvy investor is immense in this burgeoning location. All offers are welcome and are subject to short sale/foreclosure approval. Tenant occupied 24-hour notice.
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Property Details
Utilities
Heating Other
Cooling
Water Public
Sewer Public Sewer
Additional Information
Schools
District 299
Payment Calculator
Listing History
07-11-2025
Listed at $110,000
07-12-2025
Status changed to Under Contract
Last Modified 7/12/25 9:01 AM
Nearby Transportation
Bus 44
0.2 mi
Bus 55
0.2 mi
Bus 51
0.3 mi
Bus 8
0.3 mi
Bus 9
0.7 mi
Bus X9
0.7 mi
Bus 59
0.7 mi
Bus 47
0.8 mi
Bus 24
1.0 mi
Bus 15
1.1 mi
Bus 48
1.2 mi
Bus 63
1.2 mi
Red Line
1.1 mi
I 90 East
1.0 mi
I 94 East
1.0 mi
I 90 West
1.1 mi
I 94 West
1.1 mi
I 55 South
3.0 mi
I 55 North
3.0 mi
Broker Reciprocity
Listing provided by Elux Real Estate Corporation
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
