Auburn Gresham Investment Opportunity with Value-Add Potential Spacious 4-unit building offering a total of 7 bedrooms and 5 bathrooms, ideal for investors or owner-occupants seeking strong income potential. The full basement features a finished recreation room perfect for entertaining or future tenant amenities, along with on-site laundry facilities. The property includes a rare 4-car garage and a fully fenced yard, adding both convenience and outdoor enjoyment. 3 units are currently on month-to-month leases, providing flexibility for repositioning or rental increases. 1 Unit is vacant. Conveniently located near everyday essentials including Walmart, Dollar Tree, Aldi, and Burger King at 76th Street & Ashland, with easy access to shopping and transportation. This property needs some TLC making it a solid value-add opportunity for the right buyer. Sold AS-IS. Not FHA eligible unless using a 203(k) loan
— the listing agent’s description
The home
7 beds
5 baths
Built in 1926
Lot 25X125
4-car garage
Two to Four Units
What it’ll cost
$5,224 taxes / yr
No HOA
Listed $450,000
Now $389,900
83 days on dwello
Estimated monthly payment
$2,622/mo
Principal & interest$2,073
Property taxes$435
Homeowners insurance$114
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.