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$260,000
Est. payment /mo
3 Beds
3 Baths
Open House
Sat Apr 25, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12623160
Bedrooms 3
Year Built 1895
Annual Tax Amount $2,878
Tax Year 2024
Lot Dimensions 20.88 X75.20
Property Sub-Type Two to Four Units
Property Description
Discover the potential in this solid all-brick 2-flat located in the up-and-coming East Garfield Park, right on the border of Humboldt Park. This fully vacant property offers a rare opportunity for investors or owner-occupants to bring their vision to life and select their own tenants from day one. Each unit features 1 bedroom, with the first-floor unit offering a finished bathroom and direct access to the basement-creating the possibility to duplex down into an expanded living space. The second floor and basement include roughed-in bathrooms, providing a strong foundation for future improvements and added value. Ideal for an investor, FHA 203(k) renovation buyer, or house hacker looking to live in one unit while generating rental income from the other. With some work and creativity, this property presents excellent upside and long-term potential. With the right improvements, the ARV is estimated to be in the $350,000-$400,000 range, offering strong upside potential. Conveniently located just minutes from downtown Chicago, with easy access to public transportation including the CTA Blue Line, and close to neighborhood amenities such as the Garfield Park Conservatory. Don't miss this opportunity to build equity in a rapidly developing area!
Location
State IL
County Cook
Area Chi - Humboldt Park
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cherilyn Williams of eXp Realty
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