$560,000
Attention investors and owner-occupants! Exceptional income-producing opportunity in Chicago featuring multiple finished living spaces and strong rental potential. The property offers a 2-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, a finished 2-bedroom, 1-bath basement, and a finished attic with 1 bedroom and 1 bath, providing versatile living arrangements. Major improvements include a complete tear-off roof on the main house, a newer 2-car garage, brand-new laminate flooring in the basement and second floor, fresh paint, and a new sink and toilet. The second-floor bathroom has also been updated. Pride of ownership is evident throughout, with numerous improvements already completed. Based on current market conditions, the first and second-floor units may each generate approximately $1,700-$1,900 per month in rental income. The finished attic offers additional potential for related living or supplemental income opportunities, subject to zoning and local regulations. Whether you're looking to expand your investment portfolio, generate strong cash flow, or live in one unit while offsetting your mortgage with rental income, this property checks all the boxes. Conveniently located near schools, public transportation, shopping, and expressways. Schedule your showing today!
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2101 51st Street, Chicago, IL 60609 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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