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Property Description

Two-Unit Brick Opportunity in Englewood - Move In, Rent, Renovate. Discover the perfect entry point into Chicago's income property market with this legal two-flat in Englewood. With two 3-bed/1-bath units, separate utilities, and a full unfinished basement, this property allows you to live in one unit while collecting rent on the other - or capitalize on long-term appreciation through renovation. Sold AS-IS, this is a cash-flow and sweat-equity play. Why This Property Stands Out? Live / Rent Strategy: Ideal for an owner-occupant to live in one unit while renting the other. Value-Add Upside: The unfinished basement and solid brick shell create opportunity to improve, modernize, and increase rents or convert layouts. Strong Transit Access: Excellent walk / transit score in the area (72/100 on Redfin) - public transportation is readily accessible. Neighborhood / Market Context: Positioned in Englewood, a neighborhood with active redevelopment interest. The property's price point reflects current conditions while providing a path for equity growth.

Overview

Property Status
Sold
MLS ID
12482112
Property Type
Multi-Family

Features & Amenities

Water Source
Lake Michigan
Parking
None, On Site, Other
Heat Type
Natural Gas, Forced Air
Sewer
Public Sewer
School District
299
Sales Price
$397,000
Real Estate Tax
$910/yr

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6728 S NORMAL Boulevard

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    License #475.165609

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