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$130,000
Est. payment /mo
4 Beds
2 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12744125
Bedrooms 4
Year Built 1918
Annual Tax Amount $2,618
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 3360
Property Sub-Type Two to Four Units
Property 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.
Location
State IL
County Cook
Area Chi - Morgan Park
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Baseboard, Radiant
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Frame, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Vinyl Siding,Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Elijah Reese of Serene Realty, Inc.
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