Endless Possibilities in West Woodlawn - Income-Generating 2-Flat with Expansion Potential! Incredible opportunity to own a versatile 2-unit building in the rapidly growing West Woodlawn neighborhood! Perfect for owner-occupants and investors alike, this property offers immediate rental income with the 2nd-floor unit already rented, while the 1st-floor unit is vacant and move-in ready. The unfinished basement presents endless possibilities-convert it into a third unit (with proper zoning) or duplex it down with the 1st-floor unit to create an expansive owner's suite with additional living space. Income-Generating Property - Live in one unit and let the other help cover your mortgage! Move-In Ready 1st-Floor Unit - Featuring updated interiors and modern finishes. Prime Location - Minutes from the University of Chicago, the Obama Presidential Center, and public transit. An outstanding opportunity to invest in a growing neighborhood while securing long-term value. Whether you're looking for a house hack, rental property, or expansion project, this is a must-see! Schedule your showing today!
MLS# | 12279274 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1895 |
Days On Site | 20 |
Listing Provided By | Fulton Grace Realty | Jennifer Bell |
Bed(s) | 6 |
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Bath(s) | 3 |
Basement | Y |
Zoning | MULTI |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60637 |
Area | CHI Woodlawn |
School District | 299 |
Elementary School | 299 |
Middle School | 299 |
High School | 299 |
Listing VS Median (in 60637) | |
Price: $455,000 low | high Med: $110,000 On Site: 20 low | high Med: 39 |