Description
Stop paying rent and let a tenant subsidize your mortgage. This solid 2-unit Morgan Park property offers the ideal house-hacking setup: live in one unit while collecting steady rental income from the second. Both apartments showcase original hardwood floors, sun-drenched rooms, classic radiator heat, and private access to the multi-level back deck. Nestled in a quiet, tree-lined neighborhood with rapid downtown commute access via the nearby Metra Rock Island line and I-57, this home offers classic Chicago character paired with unmatched financial flexibility. OR High-yield multi-family investment opportunity in high-demand Morgan Park. This vacant 2-unit building is primed for cosmetic updates to maximize market rents and force equity immediately. Key structural fundamentals are already intact, including separated electrical service panels, solid subfloors, and classic radiator heating infrastructure. Situated adjacent to major transit lines, this location commands consistent tenant demand and minimal vacancy rates.
Details
| MLS # | 12744125 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1918 |
| Days On Site | 15 |
| Listing Provided By | Serene Realty, Inc. | Elijah Reese |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.07 |
Interior
| Rooms Total | 12 |
|---|---|
| Heating | Baseboard, Radiant |
Exterior
| Construction Materials | Vinyl Siding, Frame |
|---|---|
| Patio And Porch Features | Deck |
Parking
| Parking Features | Off Alley, Off Street, Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2618.69 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60643 |
| Area | CHI Morgan Park |
| Listing VS Median (in 60643) | |
Price: $130,000 low | high Med: $269,900 On site: 15 low | high Med: 32 | |
Market Activity 60643
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60643 |
| Area | CHI Morgan Park |
| Listing VS Median (in 60643) | |
Price: $130,000 low | high Med: $269,900 On site: 15 low | high Med: 32 | |
