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$400,000
6 Beds 2 Baths 12597509 MLS ACTIVE Status
Turnkey Investment Opportunity - Fully Updated 2-Unit Building in Chatham/Park Manor Welcome to 7227 Michigan Ave-an exceptional opportunity to own a newly updated, income-producing building in the sought-after Chatham/Park Manor neighborhood. This well-maintained property features three spacious 3-bedroom, 1-bathroom apartments, making it ideal for investors seeking strong rental income or owner-occupants looking to live in one unit while generating revenue from the others. Each unit has been recently renovated with modern finishes, including beautiful hardwood floors throughout and updated kitchens with sleek granite countertops. The thoughtful upgrades and solid layout appeal to today's renters, helping ensure consistent occupancy and long-term value. The property also offers on-site laundry facilities (pay laundry), providing an additional income stream and added convenience for tenants. Investment Highlights: 3-unit residential building Each unit: 3 bedrooms, 1 bathroom Recently renovated interiors Hardwood flooring throughout all units Updated kitchens with granite countertops Strong rental demand in established neighborhood On-site coin/pay laundry for additional income Location Advantages: Ideally situated near Deneen Elementary School, Aldi, and L&P Foods, the property is perfectly positioned for tenant convenience. Excellent access to public transportation-including the Red Line and #3 bus route-as well as nearby expressways, makes commuting throughout the city simple and efficient. Additional Notes: Strong rental area with consistent demand Ideal for both seasoned investors and first-time buyers Whether you're expanding your portfolio or entering the investment market, 7227 Michigan Ave offers a compelling combination of location, updates, and income potential. Don't miss this opportunity to acquire a stabilized, income-generating asset in a growing neighborhood-schedule your showing today!

7227 S Michigan Avenue, Chicago

$735,000
7 Beds 5 Baths 12596802 MLS ACTIVE Status
Discover this distinguished greystone residence with period addition, gracefully situated on a generous double lot in the historic Bronzeville/Washington Park neighborhood. The property features two sun-filled units plus a charming one-bedroom garden-level apartment. The building underwent comprehensive renovation in the mid-1990s, with subsequent updates including roof replacement approximately one decade ago and complete exterior tuckpointing recently completed. The first-floor residence offers three bedrooms and two full bathrooms, previously serving as the owner's private sanctuary, complete with central air conditioning. The second level presents a distinctive duplex configuration with three bedrooms and two bathrooms, currently without climate control. Both primary units await new occupancy.

611 E 50Th Place, Chicago

$260,000
12596272 MLS ACTIVE Status
THIS COMMERCIAL BUILDING IS PERFECT FOR A BUSINESS LOOKING TO MOVE RIGHT IN & DO NOTHING. EVERYTHING HAS BEEN DONE FM TOP TO BOTTOM. THE PROPERTY HAD A TOTAL GUT REHAB IN 2019, TO INCLUDE INCREASED SQ. FOOTAGE ON THE 1ST FL & A NEW 2ND FL. ALL NEW ELECTRICAL & PLUMBING THRU-OUT. NEW FOUNDATION BEAMS. NEW ROOF WH/INCLUDES A FLAT ROOF IN THE FRONT OF BUILDING & RAISED DORMERS OVER THE REAR OF THE PROPERTY TO ACCOMMODATE 2 ADDITIONAL LRG OFFICES UPSTAIRS. 2 FULLY UPDATED BATHROOMS. THE BATH OFF OF THE MAIN OFFICE AREA IS HANDICAP ACCESSIBLE WH/INCLUDES COMMERCIAL GRADE VANITY, TOILET, WALL GRAB BAR HANDLES & HAND BLOW DRYER. THE 2ND BATH HAS AN EXTRA LARGE GLASS WALK IN CERAMIC SHOWER. NEW COMMERCIAL GRADE DOORS & FRAMES THRU-OUT. THE BASEMENT HAS 2 FURNACES, HWT & SUMP PUMPS. NEW DRAIN TILE ALL AROUND THE ENTIRE BASEMENT & NEW CHECK VALVES. THE BASEMENT IS A GREAT SOURCE FOR EXTRA STORAGE. NO COST WAS SPARED IN THIS PROPERTY RENOVATION PROJECT. EVERYTHING WAS DONE BY CITY CODE. THE FRONT EXTERIOR OF THE BUILDING HAS NEW BRICK & THE ENTIRE PROPERTY HAS BEEN TUCK POINTED. NEW 6FT PRIVACY FENCE IN BACK & LARGE POURED CONCRETE SLAB TO ACCOMMODATE PRIVATE PARKING FOR UP TO 4 CARS. THE BACK LOT ALSO INCLUDES 2 CAGED CENTRAL AIR SYSTEMS. THIS PROPERTY IS CURRENTLY USED AS OFFICE SPACE TO RUN A SECURITY BUSINESS. THE FRONT OF THE BUILDING IS THE HUB OF THE BUSINESS & INCLUDES A BATHROOM. THE REAR OF THE PROPERTY INCLUDES A SPACIOUS KITCHEN AREA W/UPDATED CABINETS & GRANITE COUNTER TOP. THERE IS A CONFERENCE ROOM & A LGR COMFORTABLE SEATING AREA WHERE CURRENT EMPLOYEES CAN RELAX WHEN THEY ARE ON BREAK. STAIRS LEADING UP TO THE 2ND FLOOR WHICH INCLUDES 2 ADDITIONAL OFFICES W/CLOSETS, ONE OF WHICH IS A CEDAR CLOSET. THE NEW OWNER CAN RENT OUT THE 1ST FLOOR CONFERENCE ROOM AS AN OFFICE & THE 2 OFFICES ON THE 2ND FLOOR TO RECEIVE IMMEDIATE ADDITIONAL INCOME. THE REAR OF THIS PROPERTY CAN BE EASILY CONVERTED TO A FULL PRIVATE DUPLEX APARTMENT FEATURING 3 BEDROOMS, KITCHEN, LIVING ROOM & BATH. THE POSSIBILITIES FOR THIS INVESTMENT ARE ENDLESS. ALL EQUIPMENT & PERSONAL PROPERTY ARE NOT PART OF THE SALE & DO NOT STAY. THAT INCLUDES TV MONITERS, OFFICE FURNITURE, FRIG, SECURITY CAMERAS ETC. ***PROPERTY SOLD IN AS-IN-CONDITION BUT IS TRULEY IN MOVE IN CONDITION****

2445 W 71St Street, Chicago

$339,900
6 Beds 2 Baths 12590796 MLS ACTIVE Status
Discover this beautifully rehabbed legal 2 unit building offering a fantastic opportunity for both homeowners and investors. Each spacious unit features 3 bedrooms and 1 full bath, thoughtfully updated with modern finishes while maintaining a warm, inviting feel. The property boasts a recent renovation throughout, giving you peace of mind and a move in ready experience. The unfinished basement offers incredible potential-perfect for added storage, a future duplexdown, or additional living space. Outside, enjoy the convenience of a 2 car garage with alley access. Located in the Greater Grand Crossing neighborhood, you're close to transportation, shopping, and local amenities. Whether you're looking to live in one unit and rent the other, or add a solid property to your portfolio, this one is a mustsee!

7436 S Langley Avenue, Chicago

$550,000
12594306 MLS ACTIVE Status
Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6 unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

5930 S King Drive, Chicago

$49,900
12593556 MLS ACTIVE Status
WOODLAWN - NEW CONSTRUCTION BLOCK - Standard 25x125 Chicago lot (~3,100 sq ft) with RS-3 zoning, allowing development of a single-family home or two-flat. Located on a residential block experiencing strong redevelopment. Multiple new construction properties on the same block are selling for $550K+ (6832 S Langley sold for $569K in Aug 2025 and 6826 S Langley currently listed for $569K), providing strong resale comps for developers. Excellent opportunity for a builder, developer, or investor looking to capitalize on Woodlawn's continued growth. Conveniently located near University of Chicago, Jackson Park, CTA Green Line, Metra Electric, and the future Obama Presidential Center. Agent owned. Buyer to own due diligence and validate lot dimensions. Seller makes no guarantees.

6838 S Langley Avenue, Chicago

$285,000
7 Beds 3 Baths 12592202 MLS ACTIVE Status
Solid brick 2-flat in the West Englewood neighborhood offering strong income potential and versatile living space. This well-maintained building features two spacious units plus a finished basement, providing excellent opportunities for investors or owner-occupants alike. The first-floor unit offers 2 bedrooms with separate living and dining areas, creating a comfortable and functional layout. The second-floor unit features 3 bedrooms, a bright living space, and an updated kitchen renovated approximately two years ago. The finished basement includes 2 additional bedrooms, a bathroom, and a large family room, offering flexible space for extended living arrangements or additional rental possibilities. Originally fully rehabbed in 2013, the property has been well cared for and remains in solid condition while still offering room for future value-add improvements. On-site coin laundry is already installed, providing additional convenience and income potential. Whether you're looking to generate cash flow or live in one unit while renting the others, this property is full of opportunity. Property already appraised for 332k! Schedule your showing today!

6613 S Justine Street, Chicago

$45,000
12593636 MLS ACTIVE Status
Prime 25x125 (3,125 sq ft) vacant lot zoned B1-1 (Neighborhood Shopping District) located at 7417 S Racine Ave in Chicago's Englewood neighborhood. Positioned directly adjacent to an established Dollar General, this parcel offers strong visibility and immediate commercial synergy. B1-1 zoning allows for a variety of retail, office, service-based businesses, and mixed-use development (residential units above commercial). Ideal opportunity for investors, developers, or owner-operators seeking to build in an active corridor with existing foot and vehicle traffic. Standard 25-foot Chicago lot frontage provides flexibility for storefront or mixed-use construction. Convenient access to public transportation and major roadways. Drive by and bring your development vision to life.

7417 S Racine Avenue, Chicago

$799,000
8 Beds 4 Baths 12584754 MLS ACTIVE Status
Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History Museum and Education Center. The property is being sold in as-is condition and represents a rare opportunity to acquire a stabilized multi-unit in one of Chicago's most dynamic and rapidly appreciating neighborhoods.

4040 S Calumet Avenue, Chicago

$899,000
12591282 MLS ACTIVE Status
This Prime Commercial Investment Opportunity In The Bronzeville/Washington Park Area Is Available And Waiting For You! Discover a well maintained 6-unit retail building located in one of Chicago's fastest growing corridors. Units range from 1,100-3,500 sq ft, offering flexible layouts ideal for a variety of commercial uses. The property features 2 occupied units...a liquor store & mart and nail salon, providing immediate rental income. The corner restaurant unit was rehabbed just 3 years ago. The restaurant, single storefront and a larger double unit are currently vacant, offering potential for owner-users or investors looking to increase cash flow. Situated in a high foot traffic area, this property benefits from strong neighborhood activity, street parking and close proximity to public transportation. Surrounded by ongoing new developments and located just minutes from the highly anticipated Obama Presidential Center, this location is poised for continued growth and long term appreciation on the South Side!

118 E 51St Street, Chicago



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