Courtesy: Realty of America
708-788-1900
**INVESTOR & REHAB OPPORTUNITY IN BACK OF THE YARDS!** Bring your vision and unlock the potential of this Chicago 2-unit at 4851 S Wood St. Offering approximately 1,600 sq. ft. with 4 bedrooms and 2 bathrooms total, this property is ready for an investor, rehabber, or buyer looking to renovate and add value. The rehab needs to be completed, giving you the opportunity to finish the property to your specifications. Priced below market value and being sold strictly **AS-IS**. Seller will not make repairs. Conventional, cash, or renovation financing preferred. **No FHA financing unless using an FHA 203(k) renovation loan. Conveniently located in Chicago's Back of the Yards neighborhood with access to transportation, shopping, schools, and neighborhood amenities. Whether you're looking to renovate and hold as a rental, house hack, or complete your next investment project, this property offers plenty of possibilities. Bring your contractor, bring your ideas, and schedule your showing today!
Courtesy: RE/MAX Mi Casa
773-767-1616
Exceptional investment opportunity! This owner-occupied 4-unit brick building is currently gutted and ready for renovation. Property is being sold in its current "AS IS" condition and is subject to HUD Guidelines 24 CFR 206.125. Bring your vision and transform this property into a valuable multifamily investment. Buyer to perform their own due diligence regarding property condition, zoning, permits, and renovation requirements. CASH ONLY!!!!
Courtesy: Coldwell Banker Realty
312-266-7000
Unlock the potential of this approximately 50' x 125' lot in Brighton Park, offering multiple possibilities for developers, investors, and owner-users. The property formerly operated as a bakery with an attached spacious 3-bedroom apartment next door. The former bakery space has been gutted by fire, creating an opportunity for a complete buildout, adaptive reuse, or redevelopment of the entire site. The property's generous lot size and gated exterior provide ample on-site parking, while the existing 3-bedroom apartment is currently rented, offering immediate rental income during the planning and development process. With its flexible layout, substantial lot, parking, and potential for new residential construction or a variety of redevelopment concepts, this property presents an attractive opportunity to capitalize on the continued growth and demand in Brighton Park.
Courtesy: Circle One Realty
630-528-2300
2 FLAT BRICK REHAB OPPORTUNITY - REHAB AND RENT, OR REHAB, LIVE IN ONE AND RENT THE OTHER-PRICED TO SELL FAST! Property sold in "as-is" condition. Seller makes no repair or warranties. Property conveyed with Special Warranty Deed and tax prorations at 100%. Please provide proof of funds and buyer signed disclosures with all offers.
Courtesy: Cambridge Realty LLC
312-919-3646
Great investment property in Chatham! Wonderful sunlite corner 2 story 4 unit brick building. 2 units have 2 bdrms & 2 units have 3 bdrms. Many improvements have been done. Separate heating systems & utilities. Well-kept units and building. Full unfinished basement. 3 parking spaces, Close to public trans., expressway, schools, and shopping. One unit currently vacant that can be use for the owner.
Courtesy: Engel & Voelkers Chicago
773-797-9500
New construction investment opportunity in Logan Square consisting of two separate townhome residences on an oversized 177-foot-deep lot. Each home offers approximately 3,100 square feet of living space with five bedrooms, 3.5 baths, generous private outdoor space, a rooftop deck, and garage parking. Built by an experienced luxury-home developer, the residences feature Hardie board siding, wide-plank white oak flooring, 10-foot main-level ceilings, extra-wide staircases, and well-designed three-level floor plans. Each eat-in kitchen includes custom cabinetry, quartz countertops, full-height backsplash, walk-in pantry, and a Thermador Professional Series appliance package. Additional features include lower-level family rooms with wet bars, dedicated laundry rooms, hydronic radiant heat, zoned HVAC, abundant storage, and rooftop decks with gas and water connections. Located a block from The 606 and convenient to the CTA Blue Line, bus routes, dining, retail, parks, and neighborhood amenities. The combination of new construction, substantial square footage, five-bedroom layouts, garage parking, private outdoor space, and quality finishes creates strong rental appeal with minimal near-term capital improvement needs.
Courtesy: Berkshire Hathaway HomeServices Chicago
312-944-8900
Introducing a stunning new construction two-flat in the heart of historic Pilsen. Designed with flexibility and lifestyle in mind, this beautifully crafted property is ideal for multigenerational living, owner-occupants seeking rental income, or savvy investors looking for a standout opportunity in one of Chicago's most vibrant neighborhoods. The garden unit is over 1200 sf offering 2 bedrooms and 2 full baths. The duplex up is over 2430 sf and lives like a single-family home, including 4 bedrooms and 3.5 baths. Both homes are filled with natural light and complemented by beautifully designed and well-proportioned kitchens with open concept large family rooms connected to outdoor space, in-unit laundry and generous storage. Both kitchens include white oak cabinetry, quartz countertops, decorative backsplashes and stainless-steel appliances including beverage centers. Abundant private outdoor space offers true indoor/outdoor living including gas, electricity, and water hookups. The garden unit has 2 outdoor living spaces including the shared backyard and private front patio while the duplex unit highlights vaulted ceilings with a large custom designed enclosed deck off the family room extending the living and entertaining space adding a dramatic finishing touch. The back patio offers a retreat off the primary bedroom with city skyline views. With excellent closet space, refined design details, and quality craftsmanship throughout, these homes deliver both comfort and sophistication. Enjoy the best of Pilsen just outside your door-renowned dining, easy access to transportation, neighborhood events, and the unmistakable energy of the community. This is a rare opportunity to own a thoughtfully designed, expertly built new development in an unbeatable location.
Courtesy: Coldwell Banker Realty
773-451-1200
This solid brick 2unit building in Auburn Gresham offers a strong investment or owneroccupant opportunity, featuring spacious layouts, bright living areas, and classic Chicago charm throughout. One unit is currently rented, and the tenant is willing to stay or vacate at closing, giving the new buyer full flexibility. The property has a newly installed roof, and the work needed is mostly cosmetic, making it ideal for buyers looking to add value without major renovation. Both units offer generous room sizes and natural light, with a full basement providing additional storage or expansion potential. A fenced yard and detached garage enhance the exterior appeal, and the home sits on a quiet, wellmaintained block close to parks, schools, public transit, and everyday conveniences-positioning this as a promising opportunity with immediate income and longterm upside.
Courtesy: Exit Strategy Realty / EMA Management
312-767-0572
NEW CITY! If you lived here-you'd be enjoying a healthier, more affordable, and comfortable lifestyle with less maintenance! Come your our MODEL HOME in what will be Chicago's largest sustainable community. Excellent location, minutes from the loop, Midway, transit and just a block from beautiful Historic Sherman Park. Greenline Homes, an award-winning developer, is transforming this neighborhood into a sustainable community with homes that truly work for their owners. Perfect for first-time buyers! Rental income helps make your home more affordable, and it's great for multigenerational buyers who want accessibility without sacrificing their lifestyle. This brand-new all-electric two-flat blends beautiful design, thoughtful layouts, cutting-edge building science, and the best materials and equipment available. On the main level, the primary duplex-up unit features a versatile bonus room, perfect for a high-end home office, 3rd bedroom, or recreation room. Upstairs, a private rear balcony, large enough for gatherings and dining, is directly off the great room, creating a seamless indoor-outdoor living experience. The stunning ADA-accessible first-floor unit offers a spacious retreat, ideal for multi-generational living or generating high-value rental income to boost affordability. No compromises here-custom cabinetry, designer quartz, and induction cooking in a home designed for the future. Triple-pane windows ensure ultimate thermal comfort, and a fully paid-for solar PV system means near-zero utility costs without sacrificing style. The super insulated walls and roof make for a library-quiet interior. Plus, an energy recovery ventilator keeps fresh, filtered air flowing 24/7, even when the windows are closed, so you can still enjoy comfort and efficiency. Every detail, from the premium Hardie Board exterior to the EV-ready garage and gated intercom security, is designed for effortless, low-maintenance living. Experience a healthier, wealthier, and more comfortable lifestyle-your best life begins here. And the best part? More houses to come next door...
Courtesy: Redfin Corporation
312-836-4263
Opportunity knocks! Don't miss this chance to own a solid brick 2-flat in the heart of Mayfair with incredible upside potential. Situated on an oversized lot, each spacious unit is filled with natural light and features expansive living and dining rooms, two generously sized bedrooms, a full bath, and an eat-in kitchen with a large pantry. Original hardwood floors are believed to be under the carpet in the first-floor unit.The full basement offers good ceiling height, abundant storage, and endless possibilities for future use. A newer two-car garage adds even more value. While the building is ready for some TLC, it presents an outstanding opportunity for investors, owner-occupants, or renovators to build equity in a sought-after neighborhood. Conveniently located near schools, CTA transportation, expressways, parks, and local neighborhood favorites. Property is being sold AS IS.
Courtesy: Epic Real Estate Group
847-922-5501
Charming Andersonville 2-Flat with Owner-Occupant & Investment Potential Welcome to 1639 W Rascher Ave, a charming and versatile two-flat located in the heart of Chicago's highly sought-after Andersonville neighborhood. This classic Chicago property offers an excellent opportunity for an owner-occupant, multigenerational household, or investor looking to own in one of the city's most desirable and walkable communities. The property features spacious living areas, classic Chicago character, and a flexible layout that provides the opportunity to live in one unit while generating rental income from the other. With approximately 2,456 square feet of living space and a generously sized lot, there is plenty of room to make this property your own. Enjoy everything Andersonville has to offer just outside your door-from locally owned restaurants, cafes, shops and boutiques to neighborhood parks, community events and easy access to the lakefront. The surrounding residential streets offer a wonderful balance of city convenience and neighborhood charm, making this an appealing location for both families and professionals. The property's two-flat configuration provides multiple possibilities for the next owner: live in one unit and rent the other, accommodate extended family, or maximize its investment potential. Its location, size, and flexible layout make this a unique opportunity to own a piece of one of Chicago's most vibrant neighborhoods. Come experience the character, convenience, and lifestyle that make Andersonville such a special place to call home.
Courtesy: Area Wide Realty
708-656-3333
Spacious 2 Flat, 7 bedrooms, 2 bathrooms and a generous sized yard. Room counts are estimates. "No interior access, occupied property. Do not disturb occupants. Trespassing is prohibited. Any inspections of this property is not allowed. This property is being sold as-is, property is lender-owned and US Bank is making no representations or warranties" "U.S. Bank NA may have financing options available usbank/home loans/mortgages" Room counts /sizes are estimates.
Courtesy: REMAX Legends
630-216-8000
Welcome to 2645 N. Mobile! Owned by the current owners for over 40yrs. This is the opportunity you've been waiting for to get into this beautiful neighborhood. Literally just steps away from Riis Park and a short 2 block walk to The BrickYard Shopping District. This 2 flat features 2 spacious Bedrooms on each level. The Real Oak Hardwood floors, well preserved Oak Trim Baseboard and Crown Molding and Stained Glass windows above the fireplace are all original to the home. The partially finished basement adds additional living space and an Extra bedroom! This property is priced to SELL, so do not miss out on this opportunity!! Buyers, feel free to contact the Listing Agent, Hector Acevedo if you do not have a Realtor and wish to view the property.
Courtesy: Chicagoland Brokers, Inc.
773-745-1000
Solid brick multi-unit located in Humboldt Park! 2-flat building with full unfinished basement. Desirable residential block with convenient access to Park, the 606 Trail, and public transportation. Property includes architectural plans already approved by the City of Chicago, allowing a buyer to move forward with the project without delay after closing. Clean title, no liens, privately owned, and offering significant upside potential for buyers seeking their next project in a high demand area!
Courtesy: Redfin Corporation
224-699-5002
Welcome to 5144 S Hermitage Ave, a fully rehabbed, all-brick 3-unit multifamily investment property in Chicago. 2 units are rented; 1 vacant at listing time. Features include separate in-unit furnaces and water heaters, new plumbing throughout, updated kitchens and baths, and newer electrical service. Tenants are responsible for separate gas and electric; a property management company is in place. One unit may be available for an owner-occupant at this time. Sold AS IS
Courtesy: Blue Door Dave Inc
312-344-1487
Attention develpers -this is a prime value-add GREYSTONE opportunity with substantial upside. This oversized building is currently configured as a 2-unit property duplexed to the basement. The property features a total of 9 bedrooms and 3 bathrooms, providing an ideal layout for maximizing rental income once completed with ARV easily in the $400k range. Major progress has already been made, including: Framing completed, Partial plumbing, electrical, and ductwork installed. The true value lies in its flexibility and income potential: Convert to a 3-unit to significantly increase cash flow and overall valuation. Once completed, the property has the potential to generate substantial monthly rental income of over $5k per month, making it an excellent candidate for a long-term hold or profitable resale. Property is being sold as-is. Bring your vision and unlock the full potential of this high-yield asset.
Courtesy: KOMAR
847-737-5037
Freshly Updated Two-Unit Building in Desirable Humboldt Park! Welcome to this beautifully updated two-unit building with high ceilings and lots of natural light in a desirable Humboldt Park location. The first-floor unit features 1 bedroom and 1 bathroom, along with plenty of comfortable living space and a brand-new kitchen complete with new cabinets and appliances. The second-floor unit offers 2 bedrooms and 1 bathroom, featuring a generous living room and a newly updated kitchen with brand-new cabinets and appliances. Additional highlights include a 2-car garage, spacious backyard, and a full basement offering abundant storage space, laundry facilities, and a dedicated mechanical room. A great opportunity for an investor or owner-occupant looking for a well-maintained, move-in-ready two-flat in a convenient Chicago location. Schedule your showing today!
Courtesy: RE/MAX Top Performers
847-295-0800
Welcome to this exceptional Greystone vintage 2-unit building with a garden apartment on the lower level - offering 5 bedrooms, 5 full bathrooms, and 1 half bathroom, perfectly blending classic Chicago charm with modern comfort. Featuring beautiful landscaping, a fenced backyard, and thoughtfully designed living spaces, this remarkable property presents an outstanding opportunity for both homeowners and investors. A stunning hardwood staircase welcomes you through the main entrance, providing access to both the first- and second-floor units. Let's begin with the second-floor residence. As you enter, you're greeted by a bright and spacious living room, highlighted by a beautiful English skylight lantern above the foyer and oversized windows that fill the home with abundant natural light. Located just off the living room, the primary suite offers a private retreat with a separate sitting area, generous closet space, direct access to a private balcony, and large windows that create a warm and inviting atmosphere. On the opposite side of the living room, the second bedroom features a walk-in closet and ample living space. The unit includes two full bathrooms-one with a luxurious walk-in steam shower and the other with a relaxing soaking tub. Conveniently located between the bedrooms, the dedicated laundry room adds everyday comfort and functionality. Toward the rear of the home, the open-concept family room and kitchen create the perfect gathering space, centered around a cozy fireplace with both gas and wood-burning options. The kitchen is beautifully appointed with stainless steel appliances, a large center island with breakfast bar seating, pantry storage, and expansive windows that surround the space with exceptional natural light. The first-floor unit mirrors the upper-level layout, offering incredible flexibility for multi-generational living or rental income. It features its own fully equipped kitchen, two full bathrooms, a dedicated laundry room, and an added layer of security with alarm sensors installed on every window. From the rear staircase, you'll find access to the basement studio unit. Before entering the studio, you'll pass a spacious recreation room, utility area, and a separate laundry room dedicated exclusively to the lower-level residence. Inside the studio, you'll find a thoughtfully designed living space featuring a full kitchen with stainless steel appliances, a microwave, air fryer, and range hood. The studio also includes one full bathroom, one half bathroom, and generous closet space, creating a comfortable and functional living arrangement that's perfect for guests, extended family, or rental income. The rear staircase also provides convenient access to the rooftop, the first-floor unit, and the second-floor residence, making movement throughout the building both practical and efficient. Designed with long-term comfort and peace of mind, the property is equipped with multiple tankless water heaters, multiple zoned furnaces, multiple sump pumps, and a comprehensive security system, showcasing the exceptional care and quality invested throughout the home. Step outside to enjoy the beautifully landscaped, fenced backyard featuring a brick paver patio, mature landscaping, and multiple outdoor seating areas-an ideal setting for entertaining family and friends or simply relaxing outdoors. Conveniently located near public transportation, bus routes, restaurants, grocery stores, shopping, and everyday conveniences, this exceptional Greystone offers the perfect combination of timeless Chicago architecture, modern functionality, and outstanding investment potential. Don't miss this rare opportunity to own a versatile, meticulously maintained multi-unit property that seamlessly blends historic character, modern upgrades, and exceptional income potential-all in one of Chicago's most desirable neighborhoods.
Courtesy: Village Realty, Inc.
708-478-1212
Great Investment Opportunity - Updated 2-Flat! This 2-flat is an excellent opportunity for an owner-occupant or an investor looking to expand their portfolio. The building was rehabbed in 2016 and features two spacious units: a 2-bedroom, 1-bath unit on the first floor and a 3-bedroom, 1-bath unit on the second floor. Additional features include an unfinished basement, spacious backyard, and a 2-car garage, providing plenty of storage and outdoor space. Whether you're looking to live in one unit while generating rental income from the other or add another property to your investment portfolio, this property offers plenty of potential. Schedule your appointment today and don't miss this opportunity! Property Sold As Is.
Courtesy: Realty of America, LLC
708-788-1900
Calling all HOUSE HACKERS, OWNER-OCCUPANTS & INVESTORS! This legal 3-unit in South Chicago has been completely gut rehabbed, offering the opportunity to step into a finished multifamily property without taking on a renovation project. Live in one unit while generating income from the others or lease all three and add a turnkey property to your rental portfolio. The property features (2) 2-bedroom/1-bath units and (1) spacious 4-bedroom/2-bath unit, totaling 8 bedrooms and 4 bathrooms. Based on projected rents of approximately $1,700/month for each 2-bedroom unit and $2,900/month for the 4-bedroom unit, the property has the potential to generate approximately $6,300/month or $75,600 annually in rental income when fully leased. Projected rents are estimates and should be independently verified by the buyer. The extensive gut renovation includes new electrical, new plumbing, a new HVAC system with central air conditioning, new kitchens and bathrooms, updated flooring and a new rear porch. Kitchens feature a modern two-tone design with white upper cabinetry, black lower cabinetry, granite countertops and stainless-steel appliances. The property is a legal 3-unit with separately metered units. There is also potential to generate income beyond the three residential units. The basement includes three separate storage spaces that could potentially be rented, along with a laundry hookup allowing the next owner to add coin-operated laundry for tenant use. The rear parking pad provides off-street parking and another potential source of income. Beyond the property, South Chicago is in the midst of significant reinvestment and transformation, with major residential, commercial, healthcare and technology projects moving forward throughout the area. Thrive Exchange represents approximately $100 million in community investment around the 79th and Exchange corridor, bringing new housing, homeownership opportunities, retail, healthcare and other neighborhood improvements. The SACRED development at 92nd and Burley is adding 81 apartments, approximately 6,000 square feet of commercial space and additional parking. One of the largest transformations is underway along the South Chicago lakefront at the former U.S. Steel South Works site. The 440-acre Quantum Shore master plan includes the 128-acre Illinois Quantum & Microelectronics Park, with major public and private investment aimed at creating a new technology and innovation district along the lakefront. Adding to that investment, Advocate Health Care has broken ground on a new $300 million state-of-the-art hospital at the former South Works site as part of its broader $1 billion investment in healthcare across Chicago's South Side. The new hospital is planned to provide inpatient, emergency and specialty care and is expected to open in 2029. Together with the quantum campus, new housing, commercial development and other neighborhood investments, these projects represent a substantial long-term commitment to the continued redevelopment of South Chicago. Residents also have convenient access to Rainbow Beach, the lakefront, Metra, public transportation, neighborhood amenities and major roadways. For a house hacker, this is an opportunity to live in one unit while income from the remaining units helps reduce housing costs. For an investor, the property offers three residential income streams plus additional revenue potential through storage, laundry and parking-all within a completely renovated legal 3-unit in a neighborhood experiencing significant ongoing investment.
Courtesy: Green Ivy Realty & Prop Mgmt
773-913-2525
Opportunity awaits! All brick 2-unit. Needs work, sold as-is. No survey, taxes pro-rated 100.
Courtesy: eXp Realty
888-574-9405
Investment Opportunity in Chicago's Austin Area! This beautifully rehabilitated brick two-unit offers a great opportunity for an owner-occupant, multi-generational household, or investor. The property features two spacious units with a total of 6 bedrooms, 2.5 baths, separate laundry rooms, plus a full finished duplexed-down basement with exterior access and a recreation/family area. The first-floor unit offers 3 bedrooms, 1.5 baths, while the second-floor unit features 3 bedrooms and 1 full bath. Both units are equipped with a stove, refrigerator, dishwasher, and microwave. Additional property features include a detached 2-car garage and a brick exterior. This two-unit property combines classic Chicago character with the benefits of a 2026 updates. Whether you're looking to generate rental income or occupy one unit while utilizing the second, this property offers versatility and potential. Schedule your showing today!
Courtesy: Galewood Better Realty Partners, LLC
773-745-0404
Recently rehabbed 2 flat with 1st. floor duplex to basement with architectural plans and drawings approved by Chicago city planning department. Each unit has 3 bedrooms and 1 bath each. New plumbing and electrical, heating and air conditioning, alarm system with cameras, electric fire place new windows. Two cars parking pad in rear of building.
Courtesy: Jason Mitchell Real Estate IL
708-917-6640
Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with improvements made in 2026. Finished basement clubhouse with an additional bedroom, full bath, in-building laundry, and storage area gives tenants multiple reasons to stay, reducing turnover. Four exterior parking spaces. Whether you are looking to live in one unit and grow your equity, or add a property that earns from day one to your portfolio, this is a fantastic opportunity that builds generational wealth. Do not disturb tenants.
Courtesy: Hunter's Realty, Inc.
708-628-2900
Calling all investors, rehabbers, and/or owner occupants. This is a must see, money making 4 unit property. The property is located on an extra large lot with side drive. Includes a brick 3 unit building, that is in decent condition, with a newer HWH. Also included is a 4 bedroom brick coach house that is gutted and needs a complete rehab. There is a brick 2 car garage, that will need a new roof. Sold as is.
Chicago is located in Illinois. Chicago, Illinois has a population of 2,742,119. Chicago is less family-centric than the surrounding county with 27.11% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.
