2921 S Bonfield ST, Chicago, IL 60608
2921 S Bonfield ST, Chicago, IL 60608
2921 S Bonfield ST, Chicago, IL 60608
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$499,900
Est. payment /mo
8 Beds
4 Baths
2,613 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12619786

Bedrooms 8

Year Built 1888

Annual Tax Amount $6,330

Tax Year 2023

Lot Size 2,613 Sqft

Lot Dimensions 25x110

Property Sub-Type Two to Four Units

Property Description

Exceptional value-add opportunity in Bridgeport! This legal 3-unit building with a non-conforming 4th unit offers significant upside for experienced investors, rehabber, and savvy house hackers. Located within walking distance to grocery stores and the Orange Line, the property provides convenient access to downtown and surrounding neighborhoods an ideal setup for future tenants. Some of the units need updating and are ideal for buyers looking to add value over time. Units 2F and 1R are currently rented for $1,100/month, while Unit 2R rents for $1,200/month. Unit 1F is currently vacant and was previously rented for $1,100/month. With cosmetic updates and improvements, there is clear value-add potential to increase rents and overall income over time. Great opportunity for a house hacker or DIY landlord looking to build sweat equity and create long-term upside. With the right vision, this property can be transformed into a strong income-producing asset. Sold as-is. Conventional and construction loans (203k) welcomed. Motivated Seller!

Location

State IL

County Cook

Area Chi - Bridgeport

Zoning MULTI

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by Sarita Scherpereel of  Kale Realty 

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NEARBY SCHOOL & BUSINESS

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent | License ID: 475192585

Agent License ID: 475192585

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2921 S Bonfield ST