Excellent investor opportunity in Chicago's South Shore neighborhood. This multi-unit property, originally built in 1893, offers historic character and solid bones but is in need of updates and renovation. Perfect for investors or buyers looking to add value, this property presents strong upside with the right vision and improvements. Located just minutes from Lake Michigan, Rainbow Beach Park, and the South Shore Cultural Center, the area continues to see growth and redevelopment. Convenient access to shopping, dining, public transportation, the University of Chicago, Jackson Park, and the future Obama Presidential Center adds to its long-term appeal. Ideal for those seeking a project with potential to maximize rental income or create a long-term hold. **Property is being sold as-is.**
— the listing agent’s description
The home
10 beds
4 baths
Built in 1893
0.06-acre lot
2-car garage
Two to Four Units
What it’ll cost
$1,628 taxes / yr
No HOA
8 days on dwello
Estimated monthly payment
$1,257/mo
Principal & interest$1,063
Property taxes$136
Homeowners insurance$58
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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.