$224,900
Rarely available 4-unit multifamily investment opportunity with potential for a 5th (garden/basement) unit. Property has been gutted to the studs and is nearing completion, offering a strong value-add opportunity. Completed work in all four units includes new framing, insulation, drywall, electrical rough-in, HVAC/AC rough-in and installation, plumbing rough-in, tubs, toilets, and most bathroom tilework, along with a new roof, new rear doors, partial tuckpointing, and back deck construction started. The **basement has been framed and roughed in** with electrical and plumbing to accommodate a **potential additional unit, laundry room, and additional storage**; buyer to verify zoning, permits, unit count, and completed work. Property also features a **2-car garage**. Sold strictly AS-IS. No survey. Cash or rehab loans only. There is some fire damage from the building next door but it was contained to the back deck. Many of the interior photos were taken prior to the fire when there was better lighting inside. The former owners removed most of the extra building materials prior to surrendering the property as a foreclosure.
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7513 Langley Avenue, Chicago, IL 60619 — 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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