$450,000
**Incredible opportunity in the heart of Belmont Cragin!** First time on the market in over 50 years. This classic Chicago 2-flat sits on an oversized lot and offers endless potential for investors, contractors, or homeowners with vision. Keep it as a 2-flat or reconvert it to a spacious single family home. Featuring generous room sizes, original character, and a flexible layout, this property is primed for cosmetic updating and ready to be transformed into a true gem. The first-floor unit offers a spacious and traditional Chicago layout with a large living room, formal dining room, an eat-in kitchen, 2 bedrooms plus a tandem room-perfect for a home office, nursery, or additional bedroom. This level also connects directly to the partially finished basement, which includes exterior access, laundry room and additional living space. The second-floor unit mirrors the charm of the first floor with its own large living room plus tandem office space, dining room, 2 bedrooms, and a bright, spacious eat-in kitchen. Both units offer strong rental potential. Step outside to find a lovely backyard and a 2-car garage for convenient parking and storage. This unique setup is ideal for multigenerational living. Located in the vibrant Belmont Cragin neighborhood, residents enjoy the warmth of a long-established community known for its friendly atmosphere, local eateries, beautiful parks, and easy access to shopping. The area offers convenient public transportation options and close proximity to major routes, making commuting throughout the city a breeze. Whether you're an investor searching for strong rental upside, a contractor seeking your next project, or a homeowner dreaming of converting a large multi-unit into a sprawling single-family home, this property provides the square footage, location, and potential to bring your vision to life. With its solid structure, desirable lot size, and unbeatable versatility, this Belmont Cragin 2-flat is an opportunity you don't want to miss.
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5225 Wellington Avenue, Chicago, IL 60641 — 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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