Courtesy: Brookline Real Estate LLC
630-590-5910
ESTATE SALE. Rare opportunity to acquire a solid multi-unit property in the heart of Little Italy / University Village, one of Chicago's most desirable and supply-constrained rental markets. Located just minutes from UIC, the Medical District, downtown, and major transportation corridors, this area continues to benefit from strong rental demand, long-term appreciation, and ongoing neighborhood investment. The building offers great bones and an excellent value-add profile. Units 1 and 2 require full rehabs, presenting a clear upside for an investor or owner-occupant looking to reposition the asset and maximize rents. Unit 3 is in relatively good condition, allowing for immediate use or income while renovations are completed. Ideal for investors seeking a renovation project in a premier location or buyers looking to create long-term value in one of Chicago's most resilient rental submarkets. Seller and estate attorney have limited knowledge of the property. Information regarding unit layouts, room counts, square footage, rents, leases, utilities, and building systems has not been verified. MLS data includes required placeholders where applicable. Buyer to independently verify all information, including unit configuration, zoning, and condition. Property being sold as-is. No survey provided. Call/Text for showings. Showing will start next week.
Courtesy: Coldwell Banker Realty
773-451-1200
An excellent opportunity for both investors and owner-occupants at this 2-unit property offering immediate usability with value-add potential. The building features spacious units with functional layouts, providing a strong foundation for those looking to make modest cosmetic updates to enhance value, increase rents, or personalize their living space. For owner-occupants, this is a prime house-hack opportunity-live in one unit while generating income from the other, with the flexibility to update over time. For investors, the property offers consistent rental demand in the area and the chance to improve cash flow through light renovations. Conveniently located near public transportation, schools, parks, and major thoroughfares, this property balances accessibility with long-term investment appeal. Property is being sold AS-IS, making it a straightforward opportunity for buyers who recognize the upside in strategic cosmetic improvements. Whether your goal is steady income, appreciation, or both, 6240 S Evans Ave presents a smart and flexible investment.
Courtesy: Pedestal Realty LLC
773-706-0578
Owner-occupied buyers only! Qualifies for 20,000 grant! This gorgeous 2-unit new construction features 4 bedrooms and 3 bathrooms in the duplex down first floor unit with white shaker designer kitchen cabinets, a large peninsula, quartz counters, stainless steel appliances and hardwood floors throughout. The second-floor unit has 2 bedrooms and 2 baths. There is a brand new 2-car garage, 2-story back porch, and much more. Great investment opportunity. This one has CONCRETE/BRICK STEPS AND STEEL RAILING! Unit 1 is rented for 3,300. Unit 2 is vacant and ready for occupancy.
Courtesy: Kale Realty
312-939-5253
This remarkable building features a unique floor layout, with ample bedrooms and bathrooms. The property consists of two apartments, each with garden and in-law units. It offers plenty of storage space, a separate utility room, and a laundry area, along with rear parking availability. This property has great potential for investment and is conveniently located near shopping areas, restaurants, and a new park nearby.
Courtesy: RE/MAX Action
630-968-2600
Wonderful Chicago Location!!! Large Brick 2 story, 2 Units Building!!! 4 Beds, 2 Bath. Large Rooms, Great Layout, Light and Bright! Close to Shopping, Dining and Transportation. Easy access to the I-290 Expressway. HUD Case 131-898675. HUD owned Property. The Seller Is selling this property in "AS IS" condition. Seller nor its representatives make any representations or warranties regarding the property.
Courtesy: Parkvue Realty Corporation
312-788-4040
*Attention investors!* This is an opportunity for buyers seeking a project or investment property. This property is being sold as-is via Xome auction and is currently occupied. No access will be provided to the property, do not disturb occupants. The sale is subject to auction terms and conditions. Seller does not provide survey. Buyer to verify zoning and take subject to any municipal requirements.
Courtesy: ERA Partners
630-560-1001
Value-Add 2-Family Opportunity - Priced Well Below Market! Don't miss this excellent opportunity to own a 2-family property with strong upside potential. Property Highlights: Two-family layout with separate heating systems for each unit Cosmetic updates needed on both the first and second floors - perfect for investors or buyers looking to add value Full basement The first-floor unit offers the potential to duplex down into the basement, significantly expanding the living space and rental or owner-occupant appeal Strong income and appreciation potential This is a great fit for investors seeking a value-add deal or owner-occupants looking to customize and build equity. Serious inquiries only. Contact us today for more details or to schedule a showing. This is a short sale
Courtesy: @properties Christie's International Real Estate
312-254-0200
Opportunity awaits with this well-located 2-unit property offering strong upside potential. Features include a solid layout, renovation potential, and a 2-car garage for added income and tenant appeal, an excellent opportunity for buyers seeking to improve and maximize long-term value. Situated within a South Chicago community experiencing continued momentum, including the City's INVEST South/West initiatives and nearby residential investment activity. Convenient access to major corridors, transit, and neighborhood amenities. Bring your ideas and vision to unlock this property's full potential.
Courtesy: 33 Realty
773-327-4975
4-unit, 2007 construction, perfect OWNER-OCCUPANT investment opportunity in appreciating east Washington Park! Unit 2 has been rehabbed to feature modern improvements to be compared to other new construction in the area. All four units are 3-bed / 2-bath and have in-unit laundry hook-ups, hardwood and tile throughout, modern appliances, gas-forced-heat / central air, in-unit hot water tanks, and individual utilities. The units are larger than than most of the new construction in the area, ranging in size between 1,200 and 1,400 SF. The property has had extensive improvements in the last year to the interior and exterior. Other notable features: steel porches with individual outdoor spaces, sump pump and grinder pump, breaker panels in-unit, five exterior parking spaces with automatic gate, common coin laundry, new carpet and paint in common hallway, granite countertops with islands, separate living and dining areas, and updated lighting and bathroom fixtures. All kitchens have refrigerators, dishwashers, gas stoves, built-in microwaves, and condo-quality cabinetry. This is a fantastic opportunity for an owner-occupant to occupy one unit and benefit from the income from the other three units.
Courtesy: Coldwell Banker Realty
773-451-1200
Bring your own finishes to add instant equity to your future home which already has a new roof, new back porch, new garage roof, new electrical service throughout, new plumbing service throughout, new drywall and new separate heating is in place. Some new windows and entry door. Rare building in the sought after South Shore community with tons of opportunity.! It is a jumbo 2 unit with a full basement and additional in-law living space at the top floor. Spacious units with the first floor offering a large formal living room, formal dining room, 2 bedrooms and access to the basement which can easily allow the first floor unit to be duplexed down or create a separate living unit. The second floor unit features 3 bedrooms, formal dining and living room with a spacious kitchen and the attic unit has 2 bedrooms! Cash flow potential here is endless. Renovate, add value and collect passive income or renovate and move in while renting the other units and live for free! The building is in the ideal location, close to Skyway, Stony Island and public transportation, at the right price.
Courtesy: Prestige Properties Real Estate Pros Inc
708-418-3366
Close and collect rent on the first! Property is fully rented, check out the rent roll. The building is being sold as is, but has great bones. Check out the pantries for possible conversion to separate heating units. The full partially finished basement may be able to be duplexed to the 1st floor. The plumbing for a basement toilet is already in place. There is also an ejector pump. Perfect for the savvy investor. Or do your due diligence for a possible 203K, or maybe??? a basement apartment. Lots of storage room, enclosed rear porches, a fully fenced yard, and a 2 car garage. This is your chance to own a classic Chicago brick 2 flat!
Courtesy: Compass
773-466-7150
Value-add opportunity! All brick 3-unit + garden in-laws suite brick building PLUS side lot located in hot North Lawndale. Floors 2 and 3 have three-bed layouts, while Floors 1 and the English garden-style basement have two-bed layouts. Two lots, separate PINs. 4105 is the 3-Unit building while 4103 has the garage and deck. Tremendous opportunity to add value and grow your portfolio in a rapidly developing area.Perfect for investors or owner-occupants seeking income potential. Estate sale, sold as-is.
Courtesy: Beycome Brokerage Realty LLC
804-656-5007
Spacious 2-Unit Duplex - Great Investment property or Owner-Occupant Opportunity! Well-maintained 2-unit duplex property featuring: 1st Floor: 4 bed / 1 bath currently vacant & Move in ready w/ den 2nd Floor: 3 bed / 1 bath currently vacant & move-in ready w/ den The house has a : unfinished attic unfinished debasement w : washer & dryer hookups , Brand new double unit commercial broiler ! fenced backyard , private driveway & parking for 3-4 vehicles . Homeowners & investors, large families , group homes seeking 2 unit rental income or an owner-occupant looking to live in one unit while collecting rent from the other has the space for 2 families 7 bedrooms & 2 bath duplex . The apartments have Separate utilities for each unit through ComEd and Peoples Gas. Property sold AS-IS. Excellent opportunity with strong income potential!
Courtesy: Real People Realty
815-469-7449
Fantastic Opportunity for Homeowners & Investors Alike! This solid brick legal two-unit building has a potential additional 3-bedroom basement unit with two bedrooms. At this price you can get exceptional value and incredible income potential. Looking to live in one unit and rent the others? Perfect!! Looking to Add a strong performer to your investment portfolio, this property checks all the boxes. The building needs light repairs and a clean-up to get up and running. It is a perfect candidate for a 203K renovation loan. With multiple rental units, the cash-flow upside is outstanding once improvements are complete. The property is being sold AS-IS and the seller will not provide a survey. Pre-approval or POF is required with all offers. A rare chance to build equity, generate strong rental income, and maximize long-term returns-don't miss this!
Courtesy: Baird & Warner
312-242-1000
Investor Opportunity! Welcome to 8342 S Wabash Ave, a well-maintained property located on a quiet, stable block in Chicago's sought-after Chatham community. This property offers cash flow opportunity and strong long-term rental upside. The property features a spacious layout with updated interiors, including modern flooring, refreshed kitchens and baths, and well-kept mechanicals - minimizing hassle and future maintenance costs. Outside, the property includes a private backyard and a detached garage, adding convenience and desirability for tenants. Located near public transportation, major roadways, shopping, and everyday conveniences, this location maintains consistent rental demand. Whether you're building your portfolio or seeking an asset that can potentially be a strong-performing one with dependable occupancy and plenty of room for appreciation. SOLD AS-IS.
Courtesy: eXp Realty
888-574-9405
Property fully Demo'd to the studs, an amazing blank canvas for the next visionary to build into something great! Plans have been pulled and can be provided at buyers request. NEW ROOF installed. Location is prime with a STEM High School steps away, I90/I94 highway, 12 minute walk to the CTA train lines, and a 3 minute drive from the 90/94 Highway. Featuring 2 bedroom, 1 bathroom on the 1st & 2nd floor. Attic is a 1 bedroom apartment with 2 entry/exit points. With a finished basement, you're just adding more income! As-Is condition. No survey provided. Buyer to verify room count. Please request the Hold Harmless agreement prior to scheduling a showing.
Courtesy: Top Care Realty LLC
630-350-0363
Perfect for owner-occupants or investors. Live in one unit and rent the other to offset your mortgage. Strong rental demand and value-add opportunity. Projected stabilized rent: $2,400 - $2,600/month total. Estimated mortgage payment $1600. WELLL MAINTAINED 2-FLAT. FEATURES HARDWOOD FLOORS, HUGE SIDE DRIVE WITH PARTY-DOOR GARAGE. SEPARATE UTILITIES. LAUNDRY HOOKUP IN BASEMENT. BONUS 1 BATH (CURRENTLY GUTTED) AND 1 BED IN BASEMENT. FENCED YARD. VACANT 2ND FLOOR UNIT FRESHLY PAINTED AND READY FOR OWNER OCCUPANCY.
Courtesy: Compass
773-466-7150
*** short sale- priced for a quick sale building is vacant 4827 North Spaulding Avenue is a distinguished brick four-flat located in the bustling Albany Park neighborhood of Chicago. This expansive property offers 3,850 square feet of living space with eight bedrooms and four bathrooms across its multi-unit configuration. The first floor features a spacious four-bedroom, one-bath unit. The second floor contains two units, each offering one bedroom and one bathroom. The garden unit includes two bedrooms and one bath. Additional highlights include coin-operated laundry and a two-and-a-half-car garage with separate leasing options for parking. The property is being sold as-is and currently carries city violations, making it ideal for a buyer with vision who can restore the building and capitalize on its significant upside potential. Despite the needed work, this remains a substantial investment opportunity-perfect for rental income or an owner-occupant seeking value. Explore the possibilities and unlock the value in this promising Albany Park locale. Agent, SS negotiator and attorney are all highly experienced in short sales. This is not a bank-approved price. One loan. No survey will be provided. No sight unseen offers.
Courtesy: ALLURE Real Estate
312-772-2820
Presenting an exceptional opportunity in Chicago's Montclare neighborhood, this fully updated in 2021 two-unit residential building blends investment stability with modern, luxury living. Originally constructed in 1920, the property has undergone comprehensive renovations including newer kitchens, baths, flooring, paint, and fixtures, resulting in a low effective age of just 20 years and a well-maintained condition across its 2,837 square feet of gross building area. The first-floor main duplex unit features high-end finishes throughout, including exotic rare granite kitchen countertops, marble flooring in the kitchen, dining area, and bathroom, and marble bathroom tile with heated floors. The kitchen is fully equipped with a separate cooktop, oven, warmer, dishwasher, and garbage compactor, offering true chef-quality functionality. The lower-level space is equally upgraded with marble countertops, marble bathroom floors and walls, a luxury shower system with six body sprays, heated floors, and an overhead heat lamp for spa-level comfort. The building is optimally configured to maximize income, featuring a 6-room, 3-bedroom duplex unit and a separate 4-room, 1-bedroom garden unit, generating an estimated total Gross Monthly Market Rent of $3,100, including water and sewer. Tenant comfort is enhanced by central air conditioning, hot water baseboard heat, and a tankless water heater, along with a detached two-car garage and outdoor deck space. The neighborhood offers strong community amenities with access to multiple public and private schools, nearby parks with recreational facilities, library services, medical offices, and religious institutions. Transportation access is excellent with nearby CTA bus routes and convenient proximity to the Metra station. Additionally, this property offers a unique development upside, with the adjacent commercial site available separately, creating a combined contiguous land area of approximately 15,025 square feet with 120 feet of street frontage, ideal for future assemblage opportunities.
Courtesy: @properties Christie's International Real Estate
312-254-0200
Price Improvement and Prime Investment Opportunity in Historic Pullman. For the savvy investor/discerning buyer, unlock the full potential of this 2-unit located in the rapidly revitalizing Pullman district. With a ton of square footage plus a full, unfinished basement, this property offers a rare opportunity to add significant value through renovation, reconfiguration, or redevelopment. Whether you're seeking to create income-generating rental units, a mixed-use live/work space, or a long-term appreciation asset, the flexibility and scale of this property have massive potential. The generous square footage and structural layout provide the ideal framework for maximizing ROI. The Pullman neighborhood is one of the city's most historically significant areas and was designated a National Monument in 2015. It houses many notable historic sites and attractions including Pullman National Historical Park, Pullman Visitor Center, Hotel Florence, The Clock Tower, Pullman Porter Museum, the historic Pullman rowhouses and more. Please note that this is an as-is where-is sale. Property requires a full gut renovation.
Courtesy: Realhome Services & Solutions, Inc.
770-612-7251
Great Opportunity to own this two flat building, built in 1888 featuring 5 bedrooms and 3 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
Courtesy: Parkvue Realty Corporation
312-788-4040
*Multiple Offers received. Highest and best due by end of day 5-20-26.* Solid frame 2-unit with a detached coach-house unit! This property offered as-is, providing a great opportunity for investors or buyers looking to add instant value. Situated on a quiet residential block with convenient access to public transit, parks, and local amenities. Bring your ideas and make this property your own. Sold As Is. Seller does not provide survey. Buyer to verify zoning compliance of coach house. Being offered as 2-unit. Utilities will not be activated. *Property not for rent - beware of rental scams.*
Courtesy: Parkvue Realty Corporation
312-788-4040
Rarely available single-family home with a detached coach house in Lawndale!! Excellent opportunity to add instant sweat equity and add your personal touch. Prime location near transit, Douglas parks, and local amenities. Sold As Is. Seller does not provide survey. Buyer to verify zoning/code compliance and take subject to any municipal requirements. Cash or hard money loan preferred.
Courtesy: eXp Realty
888-574-9405
Attention Savvy Investors & Visionary Homebuyers! Rehabbed started in 2025, Ready for Your Final Touches: Step into this partially renovated 2-unit frame building, with 3 Bedrooms 1 Bath on each floor, with Huge Living rooms, formal Dining with Hardwood floors and a basement that can be duplex up to the first floor offering the perfect canvas to complete your dream investment or start your journey toward homeownership. All units come with hardwood floor throughout. Major updates have already been completed in 2025, saving you time and money now it just needs your finishing vision to bring it to life. Dual Income or Live-In Potential: Whether you're an investor looking for strong rental potential or a first-time buyer planning to use an FHA 203(k) rehab loan, this property gives you options. Live in one unit and rent out the other. Sweat Equity Opportunity: This is where equity meets opportunity. With much of the heavy lifting already done, you can customize finishes and design choices to match your taste or the market demand and instantly boost the property's value once complete. Prime Location, Solid Foundation: Nestled in the highly sought calumet heights with rising property values, this two-flat is the definition of buy low, build value. This property isn't for everyone-it's for the buyer who sees potential where others see projects. It's for the one ready to turn vision into value, sweat into equity, and opportunity into long-term gain.
Courtesy: Real People Realty
815-469-7449
Prime Turnkey Investment Opportunity! Classic Graystone 3-Flat Steps from Wicker Park & Ukrainian Village & Humboldt Park Rare graystone 3-unit offering 1,100+ sq. ft. per apartment, each with 3 true bedrooms-highly desirable in one of Chicago's strongest rental corridors. Long-term tenants are on month-to-month leases, giving buyers the flexibility to update units, raise rents to current market levels, and significantly increase income. A perfect chance to make it your own and maximize return. Ideal for investors or first time home buyers-live in one unit while the other two generate income in a high-demand, walkable neighborhood. This classic graystone features the timeless curb appeal and solid construction that Chicago is known for. Located on a quiet tree-lined street just steps from Wicker Park, Ukrainian Village, and Bucktown, offering unmatched access to the Blue Line, Metra, Mariano's, restaurants, boutiques, coffee shops, parks, and nightlife. Tenants pay their own heat, electric, and gas, keeping operating expenses low. Property includes a 1-car garage plus 6 additional parking spaces, a rare advantage in this location. 9 Bedrooms 3 Bathrooms Top-Tier Rental Area A prime opportunity to secure a proven income-producing property in one of Chicago's most desirable neighborhoods-with room to elevate value even further. Prequalification letter required. Se Habla Espanol
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.
