Courtesy: REMAX Legends
630-216-8000
Thrilled to present this incredible income-generating multi-family property in the heart of Albany Park-one of Chicago's most vibrant and evolving neighborhoods. Tucked into a charming, tree-lined street where historic character meets urban convenience, this solid, sun-drenched brick beauty is more than just real estate, it's an opportunity. Whether you're an investor looking for turnkey income or an owner-occupant dreaming of house-hacking your way to financial freedom, this one checks all the boxes. Legal 2-flat with a full finished garden-level unit -complete with front and back entrances-functioning like a 3-unit building. It's surrounded by a neighborhood revitalization, making it a smart buy in a high-upside area. First Floor Unit: A bright and spacious 1-bedroom/1-bath, with access to common laundry and a utility room. Great for steady rental income or a cozy in-law setup. Second Floor Unit: Spacious 2-bedroom/1-bath with additional tandem room-perfect as an office or extra bedroom. Ideal for living in style or generating premium rent. The Garden Level): A generously sized 2-bedroom/1-bath with a private vibe and lots of potential. -live in one, rent the rest, or rent them all and watch the cash flow. There's also a 2-car garage and fully fenced backyard! The property sits on a block that clearly shows pride of ownership, think well-kept homes, friendly neighbors, and walkable access to parks, schools, local shops, and restaurants. Plus, you're minutes from the Blue Line, Metra, 90/94, and the Jefferson Park transit hub-whether you're headed downtown or to O'Hare, you're covered. Albany Park/Mayfair is a neighborhood on the rise, and this home is your chance to get in while the momentum is hot. It's move-in ready, income-ready, and future-proof. Bring your vision, your calculator, or your suitcase, this one's ready to go.
Courtesy: Village Realty Inc
708-342-1212
Great Location close to Business Area on 63rd & Damen & great access to Bus & train transportation. Property was rehab in 2017
Courtesy: Kandyse McCoy Cunninghan
773-931-6138
Don't miss this wonderful investment property opportunity. Amazing location. Metra station a block away! 191 ft. deep lot in city setting! This two-unit building consists of a duplexed second level that offers gracious living space with a double front parlor, dining room, full bath, eat-in kitchen with Dutch door accessing exterior porch. Circular interior stairway to 3 bedrooms, & second full bath on 3rd level. First floor is a 2-bedroom, 1 bath unit with deck. 2 car garage in back. Full unfinished basement. Close to CTA red line. Rents are relatively low which allows opportunity for future growth. Tenant pays all utilities, and first floor will be vacating 10/15. The building close to a host of amenities including Whole Foods and Clark Street bus line. Property being sold AS-IS.
Courtesy: Redfin Corporation
312-836-4263
Investor opportunity! Two adjacent properties at 418 & 420 W 65th Place being sold together. Both properties require a full gut rehab and are priced accordingly. Ideal for investors, rehabbers, or developers looking for a project with strong ARV potential and low property taxes to support a high ROI. Multiple exit strategies possible: renovate and resell, hold as rentals, or redevelop (buyer to verify zoning and use). Located near transportation, schools, and area developments, this is a great opportunity to add value in a transitioning neighborhood. Sold AS-IS. Cash or renovation loans only.
Courtesy: Keller Williams Preferred Rlty
708-798-1111
Fully renovated 2-unit building on an oversized Chicago lot with city permits and plans! Updates include all new plumbing, electrical, and HVAC systems for both units. Unit 1 offers 3 bedrooms and 1 bath, while Unit 2 features 4 bedrooms and 1 bath. The unfinished basement, with great ceiling height, provides potential to add additional living space or bedrooms. Both units are vacant and ready for occupancy-perfect for investors or owner-occupants looking for a move-in ready property with strong rental potential.
Courtesy: RE/MAX Professionals
630-759-2850
Money Maker! Great potential in this two-unit building. Perfect for a fix and flip or rent out for cash flow. Over 1700 sq ft of living space. 1 full bath on each level. The main floor unit has hardwood floors, kitchen, living room and dining room area. Full basement. Rear covered porches. Gorgeous woodwork and millwork finishes. Plenty of room for a parking pad or garage off the alley. Don't miss out!
Courtesy: K & L REALTY, INC
773-577-2424
Beautiful brick two-flat with additional In-law apartment in the basement with one bedroom, one bath. Both units offer, generous living and dining room, 2 bedrooms, den and one bath. Hardwood floors on each level. First floor apartment and in- law apartment completely redone with stainless steel appliances. All new windows thru out the building, except one, newer roof, siding on the back porch and detached two car garage. Great location, close to expressway, blue line and buses. Great opportunity for investors and owner occupant.
Courtesy: RE/MAX 10
773-904-9777
Excellent opportunity to own a spacious, income-generating 2-unit property with additional finished attic and basement units, all currently rented. Each level - including the attic and basement - offers 3 bedrooms and 1 bathroom, providing generous living space and strong rental demand. This property currently enjoys steady income from long-term tenants, with all rents below market value, leaving ample room for rent increases after updates or lease turnovers. With some light improvements and modern upgrades, the property's full potential could be realized, significantly increasing its overall return. Perfect for investors seeking immediate cash flow or owner-occupants looking to live in one unit while tenants cover expenses.
Courtesy: Luna Realty Group
708-797-3027
AMAZING LEGAL 2-UNIT PROPERTY with ULTRA-LOW TAXES!!! EXTRA-WIDE DOUBLE-LOT!!! Great opportunity to own a XXL LEGAL 2-UNIT building in Chicago with no city violations! This well-priced property is perfect for an entry-level investor or a family looking to live in one unit and rent the other for additional cash flow. Located just minutes from the I-290 expressway, this property offers convenience and easy access to major highways. The extra-wide lot provides ample space, and with some updates, this could be an excellent buy-and-hold property or a chance to fix and rent both units for maximum return. The property is priced to sell quickly, making it the best value for your money! Don't miss out on this chance to start building your real estate portfolio. Drive by 4908 W Ferdinand Ave, Chicago, IL 60644, and call today to schedule your private showing. Pase por la propiedad y llame para confirmar su cita para poder very y comprar esta bella propiedad - No tiene violaciones! Estat es la mejor oportunidad para comprar una propiedad con 2-unidades legales y un basement con su entrada privada al exterior!
Courtesy: Chicagoland Brokers, Inc.
773-745-1000
Impeccable Condition, Unbeatable Location-A Rare Gem! Welcome to a meticulously maintained two-unit building (two-flat plus newer gorgeous in-law unit) that truly reflects the care and pride of ownership. Located in a highly sought-after area, this property stands in great condition, requiring virtually no immediate work. The investment potential is significant, with great tenants. The units feature many recent upgrades that appeal to quality tenants, including newer windows and driveway, updated kitchens, and a coveted 2.5-car garage. Lockers are in the basement for tenant use. This is the ideal opportunity for an owner-occupant or a savvy investor looking for a flawlessly conditioned, cash-flowing property in a prime location.
Courtesy: The Bello Portfolio LLC
312-416-0890
Discover this spacious and beautifully updated 2-flat offering comfort, functionality, and peace of mind. Unit 1 (Duplex-Down): 5 generously sized bedrooms, 3 full bathrooms, Modern kitchen with updated finishes, Lower-level family/recreational room ideal for entertaining. Unit 2: 3 bedrooms, 2 bathrooms. Bright and open floor plan, Updated kitchen and baths. 2025 Upgrades: Newly installed foundation drains, and sump pump. Perfect for owner-occupants looking for rental income or savvy investors seeking a turnkey rental property. Conveniently located near public transportation.
Courtesy: Exit Strategy Realty
312-554-5478
Solid 4-Unit in Prime Austin Location! Each unit offers 2 bedrooms, 1 bathroom, hardwood floors, and a private basement-ideal for storage and laundry. Separate heating and water heaters for each unit. Tenants pay all utilities. Extra land in front allows for potential future parking expansion. Live in one unit and rent out the others-perfect for owner-occupants or investors. Strong rental market in a high-demand area. FHA financing available Excellent investment opportunity!
Courtesy: Corcoran Urban Real Estate
312-528-9200
Beautiful two flat on wide lot just north of Lincoln Square. First floor duplex down lives like a single family home. 4 bed 2 bath with 2 living spaces, dining room, fireplace and gourmet kitchen. Bosch appliances, zline hood, quartz countertop, and a huge window overlooking backyard for lots of sunlight. Tankless hot water, in unit laundry, newer plumbing, electrical, and hvac. Second floor is a completely updated 3 bed, 1 bath with in unit laundry, custom wood burning fireplace, spa-like bath, beautiful kitchen, back porch sun room. Keyless entry on entire building plus security cameras. Full fenced in lot. Private rear yard and 2 car garage. Live in one unit and have the other pay down the mortgage, or rent both and cash flow.
Courtesy: Real People Realty
815-469-7449
Charming 2-Unit Greystone in the Woodlawn Area with low taxes This well-maintained 2-unit property is move in ready. The home features a porch, hardwood flooring throughout under carpet, and a spacious yard. The layout includes a 2-bedroom 1bth unit on the lower level and a 3-bedroom 1 bath unit upstairs, both offering plenty of space and natural light. The unfinished basement provides additional upside as ample storage or potential living space. Located in Woodlawn, this property is conveniently just minutes from Hyde park, U of Chicago, Obama center and Bronzville. Shopping and the expressway are minutes away. This affordable money maker will offer your family or tenants both convenience and comfort with additional room to grow and expand.
Courtesy: RE/MAX Professionals
630-759-2850
Great opportunity to fix and flip or rent out for income! Live in one unit and rent out the other. Over 1800 sq ft and 2 separate units of living space. Each unit offers 2 bedrooms and 1 full bath. Full unfinished basement with exterior access and plenty of room for storage. Covered front porch. Fenced yard. GFA Heating. Less than 1.5 miles to I-90/94 Expressway. Don't miss out!
Courtesy: Home Achieved Realty LLC
773-217-8898
Located in desirable Dunning Park, this solid two-flat offers great space and income potential. The main floor features two bedrooms, a full bath, and an updated kitchen with oak cabinets, granite counters, stainless appliances, vaulted ceilings with beams, skylights, and ceramic tile. The living room is bright with hardwood floors, recessed lighting, and surround sound. Off the kitchen, a large deck leads to an above-ground pool and a heated 2.5-car garage. Updates include a new furnace in 2024 and a roof about 8 years old. The lower-level unit has its own entrance, a spacious living room with vinyl flooring, kitchen with oak cabinetry, one bedroom, one bath, and ample storage, plus access to a shared laundry area with newer washer and dryer.. **Owner occupied, pays all utilities in the building, no tenants perfect for quick closing.
Courtesy: Landmark Realtors
773-467-8500
"AS IS" SHORT SALE, GREAT INVESTMENT OPPORTUNITY. THE PROPERTY NEEDS EXTRUCTURAL WORK. NO OCCUPANCY IS PERMITTED UNTIL THE PROBLEM IS RESOLVED. TWO UNITS PLUS UNFINISHED ATTIC, NO BASEMENT. CASH ONLY
Courtesy: Real People Realty
815-469-7449
Solid two flat. Extra large back yard, Second floor has 4 bedrooms 2 baths , first floor 2 bedrooms 1 bath. Full unfinished basement for extra income potential. Both floors are currently rented. Great for a family or an investment property.
Courtesy: CHICAGO HANDSHAKE LLC
773-425-2113
Fantastic condo alternative. 2019 gut rehab of this frame duplex up & down 2 flat. New roof, windows, walls, floors, HVAC, electric, kitchens, baths, everything new in 2019. Top floor duplex features a 3 bedroom and two full baths. Kitchen/living/dining combo with Stainless steel appliances, split level quartz countertops & lots of cabinet space, Main floor has 2 large bedrooms both could accommodate a queen size bed. Main floor also features a full bath, & in unit washer dryer. Up stairs of the top floor unit, have a huge primary bedroom, private bath, walkin closet & private balcony facing Touhy. First floor duplex down features 3 bedrooms & 2 and half baths. Main floor features kitchen/living/dining combo with Stainless steel appliances, split level quartz countertops & lots of cabinet space, half bath & primary bedroom with full bath. Lower level, family room, two bedrooms & full bath. Stackable washer dryer. Minutes to Lake Michigan beaches, cafes, and restaurants on nearby Clark Street. Close to CTA.
Courtesy: Realty of America, LLC
708-788-1900
Courtesy: Keller Williams ONEChicago
312-216-2422
Don't miss this updated 2 unit property featuring 3 bed and 4 bed units. This property has plenty of natural light and a finished attic adds flexible space ideal for a home office or recreation. Recent updates include a new water heater (2023), furnace (2022), and fresh interior and exterior improvements completed in June 2024. The fenced yard offers privacy and potential for personalization. This home is move-in ready and also has individual laundry rooms. Please review attached building violations. Great location close to parks, schools, Lake Michigan, public transportation, and easy access to the Chicago Skyway. Property is being sold as-is in regards to repairing the porch. Please contact list agent to discuss financing options for the property.
Courtesy: Realty One Group Strategies
779-772-0744
Classic brick two-story in the heart of Rogers Park, lovingly owner-occupied for over 25 years. Each unit features 2 bedrooms, 1 full bath, and a bright kitchen with access to private balconies overlooking the neighborhood. Significant updates include electrical upgrade to the entire building and rebuilt back porch stairs-providing comfort, safety, and peace of mind. The property also offers convenient basement laundry. Perfectly situated just 1.5 miles from the beautiful beaches of Lake Michigan, this home presents a fantastic opportunity for investment or continued owner-occupancy in a vibrant and welcoming community.
Courtesy: Coldwell Banker Realty
773-631-8300
Unique Chicago Three Flat building located on historic Wabash Avenue, in the elevating Washington Park neighborhood. With an ARV of $700,000+ and rental comps of $2000+, this current blank canvas is ideal for an owner occupant aiming to renovate, live in one unit and rent the other two units out, covering their mortgage or an investor aiming to renovate and make a surplus of equity and instant cash flow. Nestled on a beautiful block with various renovated properties and a recently completed new build next door, this 3-unit property holds 12 bedrooms x 3 baths. Each unit features 4 spacious bedrooms, 1 full bath, large living room and kitchen areas, incredible backyard with ample amounts of space for entertainment and potential additional construction. New furnaces, copper plumbing, updated electrical service, conduit electrical, updated water service and areas of new drywall have been installed, along w/ some interior demo work. New floor plan layout renderings are included for conversion to 3 bedroom x 2 bath units (primary bed + en-suite bath) w/ in-unit laundry. Amazing opportunity to capitalize on a great passive income investment with this centrally located property blocks away from Washington Park, close to Dan Ryan and the Red line, 15 min from The Loop/Downtown, and minutes away from Hyde Park shopping/restaurants and the newly constructed Obama library. Schedule a tour today!
Courtesy: Coldwell Banker Realty
708-352-4840
Courtesy: eXp Realty
888-574-9405
Massive 4-unit building in Chicago's South Shore, perfect for investors or owner-occupants looking to generate rental income. Each unit offers generous layouts with sun-filled living spaces, hardwood floors, and classic Chicago charm. The property includes three large apartments (approximately 1600 sq ft) plus a fully finished garden unit, providing flexible options for extended family, house hacking, or strong cash flow potential. Located just minutes from the lakefront, South Shore Cultural Center, and new neighborhood development projects, this property combines convenience with opportunity. Easy access to public transit, major roadways, and nearby shops and dining make it an attractive choice for tenants. Owner occupants take advantage of Fannie Mae's 5% down option and contribute as little as $800 a month towards your mortgage while living in a spacious and modern owners unit. Whether you're seeking long-term investment growth or a multi-unit home with income potential, this South Shore gem is a smart move.
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.
