$260,000
Discover the potential in this solid all-brick 2-flat located in the up-and-coming West Humboldt Park neighborhood! 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. The first 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 unit has 2 bedrooms, with a roughed-in bathroom, and a nice size kitchen. The unfinished basement has a roughed-in bathroom 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! *AS-IS*
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3657 Ohio Street, Chicago, IL 60624 — 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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