Large brick 3-unit investment opportunity with major upside potential. Property previously underwent extensive renovation work including updated kitchens, bathrooms, refinished hardwood floors, recessed lighting, newer HVAC systems, updated mechanicals, newer appliances, and exterior improvements. Spacious layouts with strong rental and value-add potential. Interior photos reflect prior renovation progress and previously improved condition, giving buyers visibility into the property's upside after completion. Property currently requires substantial repair of plumbing and drywal and is being sold AS-IS. Ideal opportunity for investors, rehabbers, landlords, seeking multifamily upside in a rapidly improving area. Property features include: Three spacious 3-bedroom, 1-bath units Large backyard Newer porch Laundry hookups in each unit Separate utilities Strong rental income potential Easy access to downtown, expressways, hospitals, and transportation Recent renovated multifamily properties nearby have sold at significantly higher values. For example, nearby 2-unit property 3107 W. Flournoy St reportedly sold around $575,000 after renovation, highlighting the potential upside for larger multifamily properties in the area. Buyer responsible for verifying room counts, zoning, permits, violations, condition, and redevelopment potential. Property sold AS-IS.
— the listing agent’s description
The home
9 beds
3 baths
Built in 1888
Lot 100x100
Two to Four Units
What it’ll cost
$5,081 taxes / yr
No HOA
Listed $495,000
Now $349,999
37 days on dwello
Estimated monthly payment
$2,386/mo
Principal & interest$1,861
Property taxes$423
Homeowners insurance$102
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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.