Price Reduced Listing
Description
Don't miss this exceptional investment opportunity in Chicago's South Shore neighborhood. This solid brick 2-unit building with an additional in-law unit in the basement offers excellent cash flow potential (First floor unit is currently rented for $1600 and the deluxe unit could go for $2500), multigenerational living options, or the opportunity for an owner-occupant. Situated within an ADU (Accessory Dwelling Unit) District, the property presents additional value and future potential, subject to City of Chicago approvals. Conveniently located near public transportation, Jackson Park, the University of Chicago, the lakefront, shopping, dining, and major expressways.
Details
| MLS # | 12703804 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 43 |
| Listing Provided By | EXIT Strategy Realty | Peter LoPresti |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Acreage | 4752.00 |
Interior
| Rooms Total | 14 |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 3950.07 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60649 |
| Area | CHI South Shore |
| Listing VS Median (in 60649) | |
Price: $574,000 low | high Med: $90,000 On site: 43 low | high Med: 127 | |
Market Activity 60649
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60649 |
| Area | CHI South Shore |
| Listing VS Median (in 60649) | |
Price: $574,000 low | high Med: $90,000 On site: 43 low | high Med: 127 | |
Nearby Listings (Within 1/4 mile)
Price: $430K - $717K
sqft: 0 - 0
Listing Updated: September 1, 2026 at 11:17:46 PM PDT