Courtesy: RE/MAX 10
708-857-1500
Great investment opportunity in Chicago's North Lawndale neighborhood! Newer-construction, legal 3-flat built in 2007 and fully occupied, offering immediate rental income from day one. Each spacious unit features 3 bedrooms, 2 full bathrooms, in-unit laundry, and nicely updated interiors. All three units have separate utilities, with tenants responsible for heat, gas, and electricity; owner pays water only. A solid opportunity for investors looking for an income-producing property with established tenants and minimal work needed. Take ownership and start enjoying the cash flow!
Courtesy: Ziggy Realty and Builders
773-545-4400
Rarely available, TRUE 3 story, 3 unit building with a basement in Hot North Lawndale. Perfect for live-in owner or investor. Gut rehab in 2001, since then remodeled to rent, and easy to rent. Each massive (1600SF+) unit features 4 NATURAL bedrooms per floor. The high and dry unfinished basement offers separate ingress and egress, waiting for your ideas. Separate gas forced air furnaces in all 3 units, (1st floor newer GFA unit). 2nd and 3rd floor have washer/dryer and newer hot water tanks in unit. 2nd floor completely remodel and ready for rental. 3rd floor vacating soon, and the remodeling continues. 1st floor kitchen remodeled. Recently tuck pointed, roof newly white coated and hall way freshly painted. Decorative fireplaces in all 3 units. Visual colored camera system in and around the property. Yard mostly fenced in. Storage shed on rear south end of property for supplies. Wrought iron security gate for front access. North and South lots owned by City of Chicago. Reasonably near Schools, shopping, parks, hospitals, churches, I290, CTA, El and Metra. I'll rent 2nd and 3rd floor for new buyers, with tenants of their choice after deal is solid. Owner/Seller is a Illinois Licensed Real Estate Broker. Priced within the market.
Courtesy: Coldwell Banker Realty
847-724-5800
Solid brick 2 flat in coveted Avondale/Belmont Garden area on quiet tree lined street. The building offers two spacious units each with living room, separate dining room, kitchen and 3 bedrooms, as well as storage in enclosed porches. Each unit also has large bathroom, separate GFA heat, electric and water heaters. The full basement is semi finished with drywalled ceiling and walls, as well as a roughed in bathroom. Owner has maintained and made recent improvements such as newer furnaces & hallway painting. Both 1st and 2nd floor units are tenant occupied with leases ending at end of 2026. Current rents are below market with room for increase with capital improvements such as kitchen and bath updates. This is a great opportunity for investors or owner occupants in a fast appreciating area.
Courtesy: EXIT Strategy Realty
312-554-5478
Welcome to this fully rehabbed all brick Austin 2 FLAT. 6 Bedrooms, 2 Baths each floor with a 3/1 layout. Large open concept;1000 sq feet per unit. You must see this beautiful two flat to appreciate the value; 2 similar units with their own unique style. Convenient to Austin Bus, walk to train, shopping, parks and school. Your chance to own an income producing property. Owner occupy or rent out both units for even more income. Finishing touches are happening NOW.
Courtesy: Manifest Homes Corporation
708-813-9059
Fully renovated two-flat offering incredible flexibility for an owner-occupant or investor. Both units have been completely updated with new flooring, new kitchens, and new bathrooms throughout - a true turn-key opportunity. This 6-bedroom, 2-bathroom building offers approximately 2,124 square feet of living space across two spacious 3-bedroom units, plus a full basement ready for storage or future finish. Live in one unit and rent the other, or hold both as a fully renovated income property. Located in a South Side Chicago neighborhood convenient to transit, schools, and shopping. Financing available through Conventional, FHA, and Investor loan programs. Schedule your showing today!
Courtesy: RE/MAX LOYALTY
773-772-6969
Excellent 4-unit investment opportunity with immediate income and value-add potential! This well-maintained multifamily property features two 3-bedroom units and two 2-bedroom units, providing a desirable mix of rental options. Three units were renovated in 2021, while the remaining unit offers an opportunity for renovation and potential rent growth. Each unit has its own furnace, and three units are currently occupied, providing established rental income. The fourth unit is vacant and ready to lease or occupy. Ideal for investors seeking cash flow and future upside, or owner-occupants looking to live in one unit while generating rental income from the other three. A versatile opportunity with multiple paths to maximize its potential.
Courtesy: You Properties LLC
312-721-1721
Incredible 4 unit investment opportunity in prime BUSTLING LITTLE VILLAGE- exceptionally well maintained condition- 3 unit building in front, along with a coach house unit in rear, including on-site laundry hookup for coin laundry opportunity in rear bldg. Both buildings have plenty of space in the clean, UNFINISHED Attics for potential ideas or projects. Each unit has their own water heater and furnace, All units are 2 br/1 bath and move in ready. Rents can easily be much higher in the rapidly appreciating Little Village. Plenty of plus' for tenants- walking distance from 26th st, with plenty of commuter resources (CTA, divvy, Pink line, shopping, restaurants, entertainment, schools) Schedule your showing today.
Courtesy: Urbanitas Inc.
773-257-7000
GREAT OPPORTUNITY FOR INVESTORS AND REHABERS . MAKE YOUR APPOINTMENT TO SEE THIS TWO UNIT WITH A BASEMENT. TWO BEDROOMS ON EACH FLOOR WITH A LARGE KITCHEN // LIVING ROOM AREA. THE BASEMENT HAS A FULL BATH. WAITING FOR YOUR CREATIVE IDEAS. THIS PROPERTY HAS GREAT POTENTIAL. DON'T MISS THIS OPPORTUNITY.
Courtesy: Century 21 S.G.R., Inc.
312-326-2121
Unlock the potential of this classic two-unit building located in Chicago?s Woodlawn neighborhood. The property is ideally situated just five minutes from the new Obama Presidential Center and the University of Chicago. Public transportation is highly accessible, with the CTA Green Line station located only a few blocks away. The full, unfinished basement offers a prime opportunity to add significant value. Unit 1 is a 3 bedroom 1 bath and unit 2 is a 4 bedroom 1 bathroom. Tenants pay electric and gas. Given the ongoing developments and rapid growth in the area, this property is perfect for a fix-and-flip or a buy-and-hold investment. Sold as-is.
Courtesy: Kale Realty
312-939-5253
Now available at 5524 S Wells St, Chicago, IL 60621. This newly rehabbed, turnkey 2-flat is being offered at $249,000 and features a 3-bedroom, 1-bath first-floor unit and a legal 2-bedroom, 1-bath garden unit. Both units are currently vacant and move-in ready, making this a great opportunity for either an owner-occupant or investor. The property has separate furnaces, separate water heaters, separate electric meters, and separate gas service for each unit. The first-floor water heater was newly installed in 2026. The property also includes a 2-car garage that was built from the ground up with permits in 2022, along with a fenced yard and updated kitchens and bathrooms throughout. This property is ideal for someone looking to live in one unit and rent the other, or for an investor looking for a turnkey 2-unit property with separate utilities. FHA, VA, and conventional financing are accepted. Serious buyers and agents may reach out for additional information or to schedule a showing.
Courtesy: Coldwell Banker Realty
708-424-4000
Discover an outstanding opportunity in this beautifully maintained Chicago two-flat! Each unit offers 2 bedrooms, 1 bathroom, and a functional layout designed for comfortable everyday living. The fully finished basement provides additional space with 2 bedrooms and 1 bathroom. With fully finished basement also adds even more value. Conveniently located near schools, parks, shopping, dining, and major expressways, this property is ideal for both owner-occupants and investors. Schedule your showing today opportunities like this don't last long! Property is being sold as-is.
Courtesy: @properties Christie's International Real Estate
312-682-8500
Rare Airbnb opportunity in Chicago's Historic Gold Coast! This exceptional brownstone offers a unique investment opportunity in one of Chicago's most sought-after neighborhoods. Located within the vibrant Gold Coast Historic District, the property features three well-appointed residential units: one spacious 2-bedroom, 2-bath residence and two 1-bedroom, 1-bath units. The business vacation rental license transfers to the new owner, providing an outstanding opportunity for short-term rental income. A rare combination of income producing property, historic charm and prime location! Close proximity to an abundance of restaurants & shopping, Magnificent Mile, Lake Michigan, Oak Street Beach, North Ave Beach, public transportation including bus routes and the EL. One small on site parking spot included. Option for new owner to apply for federal and state tax incentives through historic tax credit programs. This property is occupied throughout most of the year and monthly income varies depending on the time of year.
Courtesy: Stellar Pref. The Re Clinic
312-576-7392
Excellent Investment Opportunity in North Lawndale! Located on a well-maintained block in Chicago's North Lawndale neighborhood, this legal 2-unit building plus in-law unit in basement is surrounded by new construction and ongoing community revitalization. Building presents two spacious 3-bedroom / 1-bath units, a 2-car garage. Near near parks, schools, shopping, and public transportation. Property is being sold as-is. In law garden unit with one bedroom, one bathroom. First floor and Garden unit share utilities
Courtesy: Realty of America, LLC
708-788-1900
Prime Investment Opportunity in a Growing Location! Conveniently located near I-94/I-57, public transportation, Lake Calumet, schools, and retail, this 2-unit property is perfect for investors or owner-occupants. Situated on a 3,255 SQ FT corner lot, it features a full basement with a kitchen and bathroom, a 2-car detached garage, spacious yard, and plenty of surrounding parking. Located in an up-and-coming area with new construction and rehabbed homes-don't miss this opportunity!
Courtesy: Chicagoland Brokers Inc.
773-745-1000
All-brick 2-flat building, fully updated and completely move-in ready! Spacious income-producing two-unit property with flexible living space! The first-floor unit offers 2 bedrooms and 1 full bathroom, while the second-floor unit features 2 bedrooms and 1 full bathroom and is currently vacant and available for showings. The first-floor tenants are scheduled to move out October 1. The fully finished basement provides excellent related-living potential, offering an additional sleeping area, full bathroom, cozy living space, and kitchenette area. A two-car garage completes the property. Great opportunity for an owner-occupant or investor looking to generate rental income. Property may qualify for FHA or conventional financing. Schedule your showing today!
Courtesy: Coldwell Banker Realty
773-631-8300
Welcome to this well-maintained classic Chicago brick Two Flat in the highly desirable North Austin neighborhood, offering an outstanding opportunity for both investors and owner-occupants. The 1st and 2nd floor provide spacious units that features 2 bedrooms, 1 bathroom, generous living and dining rooms, large kitchens, hardwood floors throughout, and an additional flex room that can serve as a sunroom, walk-in closet, home office, or extra living space, while the finished basement is a studio style unit w/ a kitchen, living area, full bath and front/rear entry and exit. The property also includes a rear deck, private two car garage parking, and separately metered utilities with individual furnaces, water heaters, and utility billing for each unit. The building is fully occupied with Unit 1 leased month-to-month at $1,250, Unit 2 will be vacant upon closing, and the garden unit leased through 3/2027 at $800. Electrical for the entire building was updated in 2025. Austin continues to emerge as one of Chicago's most promising investment corridors, offering affordability, strong rental demand, and convenient access to CTA buses, Metra, parks, schools, shopping, grocery stores, Walmart, Galewood Theatre, fitness centers, and more. Whether you're seeking immediate cash flow with future upside or looking to supplement your mortgage through rental income, this property delivers exceptional long-term potential. Seller and broker do not represent the legality of the garden unit. Don't miss this opportunity to invest in one of Chicago's rapidly appreciating neighborhoods. Selling "As Is"
Courtesy: Compass
773-466-7150
Exceptional investment or house-hacking opportunity situated on a picturesque, tree-lined residential street in Chicago. This striking, legal two-unit brick Greystone offers two expansive residences, each featuring four bedrooms and one full bathroom, providing the space and flexibility. Each unit boasts a well-appointed kitchen with granite countertops and abundant cabinet storage, along with a full bathroom featuring a bathtub and exhaust fan for added comfort and convenience. Unit 2 has been beautifully refreshed with new flooring throughout, fresh paint, modern LED lighting, and brand-new stainless steel appliances, making it completely move-in ready. A full unfinished basement presents exciting value-add potential for a future duplex-down or possible third unit. Convenient access to public transportation and the expressway makes commuting throughout the city easy, while the nearby 71th Street and 75th Street commercial corridors offer a variety of shopping, dining, and everyday conveniences. Whether you are expanding your investment portfolio or looking to live in one unit while generating rental income from the other, this impressive Greystone offers outstanding space, versatility, and long-term potential.
Courtesy: Fulton Grace Realty
773-698-6648
Introducing a stunning newer construction 3-unit building in the heart of Woodlawn-an exceptional, income-producing investment opportunity in one of Chicago's most rapidly evolving neighborhoods. With two units currently rented and Unit #3 vacant, this property offers immediate cash flow with the added flexibility for an owner-occupant or premium lease-up. This beautifully designed building features a total of 9 bedrooms and 6 bathrooms, thoughtfully crafted to blend modern sophistication with everyday functionality. Each unit showcases design-forward interiors, including curated kitchens with custom cabinetry, decorative wood panel accents, professional-grade appliances, quartz countertops, and sleek designer backsplashes. Engineered hardwood flooring flows throughout, creating a cohesive and elevated living experience. The spacious primary suites serve as a true retreat, complete with spa-inspired bathrooms featuring oversized frameless glass showers and high-end fixtures. Additional highlights include closet systems, sprinkler systems, and dedicated parking. Perfectly positioned on a picturesque Woodlawn block, this property offers unbeatable access to some of Chicago's most iconic destinations, including the University of Chicago, Jackson Park harbor, the lakefront and beaches. Just moments away, the highly anticipated Obama Presidential Center continues to drive growth and long-term value in the area. Residents will also enjoy proximity to local dining, coffee shops, grocery stores, and the vibrant energy of nearby Hyde Park. Whether you're expanding your portfolio or seeking a turnkey investment with strong rental potential, this is a rare opportunity to own a high-performing asset in a thriving community. Additional offering: 6500-6508 S. Ingleside Ave. is also available, consisting of four (4) luxury, new construction 3-unit buildings featuring spacious 3 bed / 2 bath layouts with condo-quality finishes throughout. The properties may be purchased individually or as a portfolio package of two, three, or all four buildings-presenting a unique opportunity to scale in one of Chicago's most promising submarkets. Contact me today to schedule your private showing!
Courtesy: @properties Commercial
312-337-0200
Jazzy 2 flat with owner's duplex up and simplex rental on 1. Street is full of high-end homes. Outdoor space is fantastic. The garage has loft space. Smart real estate on all levels. Plenty of room to move laundry to each unit out of the basement. ADU additions are very possible at this address. SFR conversion is also a likely option.
Courtesy: GC Realty and Development
630-587-7400
Two unit building now available! Both units have three bedrooms and one bathroom. Unit one is occupied, unit two is vacant. Building can use a little TLC but is move in ready! Schedule your showing today!
Courtesy: Jameson Sotheby's Int'l Realty
312-751-0300
Rare opportunity just steps from Chicago's popular 606 Bloomingdale Trail! This 2-unit property with two additional nonconforming units offers tremendous potential for the experienced investor, rehabber, or developer looking for their next project. The existing configuration provides a strong rent roll, while the building's layout presents an exciting opportunity to reimagine the property, including the potential to create two spacious duplex residences, subject to all applicable zoning, building requirements, and approvals. Situated in a highly desirable location surrounded by continued investment and development, the property also features a brick 2-car garage, spacious yard, and onsite common laundry. Property is being sold strictly AS-IS. Seller and listing broker make no representations or warranties regarding the legality, zoning compliance, permitted use, occupancy, or ability to legalize or modify any existing unit or space. Buyer is responsible for conducting all due diligence independently. Experienced investors and rehabbers, bring your ideas and unlock the potential of this unique property alongside the 606! PROPERTY BEING SOLD STRICTLY AS IS
Courtesy: HomeSmart Realty Group
312-588-9300
2 Flat on a beautiful street in Albany Park! Perfect opportunity to owner occupy with income, or possible rehab to a single family home. Larger unit is a duplex up consisting of a 2 bedrooms on the main floor, family room, dining room, kitchen that leads out to a generous deck. 2nd floor has a large bedroom with ensuite bathroom. Garden/1st floor is a 2 bedroom with family room, proper dining room, workable size kitchen and bath. Interior door leads to a shared laundry room. Great backyard and 2 car garage.
Courtesy: Grinker & Garcia Real Estate
773-731-8500
Excellent opportunity to own this solid brick 2-flat with a finished basement. Each apartment offers 6 rooms, 2 bedrooms and 1 bath. The finished basement includes 2 additional bedrooms, a family room, and a full bath, providing valuable extra living space. The 1st floor and basement feature boiler heat, while the 2nd floor is equipped with gas space heaters. Separate utilities throughout. The building has been recently tuckpointed. Property is being sold AS-IS
Courtesy: Coldwell Banker Realty
708-424-4000
**Investor's Dream!** Exceptional opportunity to complete this spacious **2-unit brick building** in the heart of South Chicago. The property features a **total of 6 bedrooms**, with an **English basement** that offers the potential to be finished as a **1-bedroom garden unit** with a kitchen, living area, and full bathroom (buyer can apply to for zoning application). Major improvements have already been completed, including **brand-new plumbing and electrical throughout**, with plumbing fully finished. Each unit is equipped with its own **HVAC heating system**. Additional features include a **3-car garage** plus a **3-car driveway**, providing ample off-street parking. The remaining work includes installing **kitchen cabinets** and **bathroom fixtures**, giving the next owner the opportunity to add the finishing touches and build instant equity. **Sold AS-IS.** Seller will make no repairs. Ideal for investors, rehabbers, or owner-occupants looking to customize a multi-unit property with excellent income potential. Don't miss this value-add opportunity!
Courtesy: Realty of America, LLC
708-788-1900
Opportunity awaits at 6401 S Albany Ave in Chicago's Chicago Lawn neighborhood. This two-flat offers a flexible layout with additional space provided by an unfinished attic and partially finished basement. Whether you're an owner-occupant looking for income potential or an investor looking to expand their portfolio, this property offers plenty of possibilities. Bring your ideas and explore the potential this building has to offer. Schedule your private showing today to see it for yourself.
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.
