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In-PersonVirtual Tour
$ 375,000
Est. payment | /mo
7 Beds
5 Baths
$ 375,000
Est. payment | /mo
7 Beds
5 Baths
Open House
Sat Aug 30, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12451898
Style Greystone
Bedrooms 7
Year Built 1903
Annual Tax Amount $2,117
Tax Year 2023
Lot Dimensions 25 x 139
Property Sub-Type Two to Four Units
Property Description
Classic Chicago Greystone two-flat in West Garfield Park-delivered with full architectural plans, drawings, and permits-showcasing a brand-new roof, all-new electrical (city-passed), and all-new plumbing (awaiting final city approval). Each residence-4BR/2BA up and 3BR/2BA down-spans approximately 1,600 sq ft with soaring ceilings, gorgeous brand-new hardwood floors (paper-protected), new bathrooms, and in-unit laundry hookups (plus a hookup in the basement). Kitchens are new; cabinets/materials are on hand to finish the first-floor kitchen. The walkout basement is huge-approximately 2,100 sq ft-with 7.5-ft ceilings, a freshly poured level concrete floor, two exits, and a full bathroom already in place-excellent upside to add living space or pursue a legal third unit (subject to city approval). That would yield roughly 5,300 sq ft of finished living area-rare at this price point. Light cosmetics remain upstairs; finish those touches and you've got a turn-key building with immediate equity. Pro-forma rents: ~$2,400+ for renovated 4BR/2BA, ~$1,800+ for 3BR/2BA; complete the basement as a 2BR to command ~$1,800+ and reach ~$6,000/month across three units-or live in one and let the other two cover the lion's share of your mortgage and expenses (ideal for FHA 203(k)/renovation financing). ARV ~$486,000 based on nearby renovated sales. Bonus 2-car garage and easy access to I-290 and CTA; close to parks, the Garfield Park Conservatory, and a quick commute to the West Loop/Downtown. Seller isn't distressed-just focused on other projects-offering a savvy buyer the chance to finish quickly and capture serious upside.
Location
State IL
County Cook
Area Chi - West Garfield Park
Rooms
Basement Unfinished, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick,Stone, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick,Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Michael Applegate • Straight-A Realty, LLC
GET MORE INFORMATION
Michael Bempah
Broker | License ID: 475.175881
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