Turnkey, income-producing two-flat with value-add potential! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 full bath. Both units are currently tenant-occupied-providing consistent rental income from day one. Second floor unit Housing Choice Voucher approved. Great opportunity for a new owner to maintain current tenants or secure new ones based on their investment strategy. The unfinished basement presents a prime opportunity to further enhance value-ideal for storage income, or future finished space to maximize revenue with separate entry and exit doors. Perfect for investors seeking a cash-flowing asset with upside, or owner-occupants looking to house hack while building equity. Situated on a quiet street with long-term, stable residents, this property offers both reliability and strong rental appeal. Conveniently located near shopping, dining, and transportation, making it attractive to tenants and future occupants alike. Low operating expenses with room to increase rent and maximize NOI. A solid opportunity for both new and seasoned investors looking for stability with upside.
Property Map
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Property Details
Utilities
Heating Natural Gas, Radiant
Cooling
Water Lake Michigan
Sewer Public Sewer
Additional Information
Parking
2 Garage Spaces, Yes, Garage Owned, Detached, Garage, Parking included in price
For more information about 554 E 103rd, Chicago, IL 60628 contact Corcoran Urban Real Estate.
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Listing provided by Century 21 Circle
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