$260,000
For Sale by Owner
Listed 3 months ago

3BR Multi-Family for Sale in Chicago, IL

3657 W Ohio St, Chicago, IL 60624
3 Beds
3 Bath
Built 1895
PropSlick Verified Data Key facts & insights for this exact address
1895
Year Built
$1,692
Property Tax / yr
Cook
County

Key Facts

Property TypeMulti-Family
Year Built1895
Annual Property Tax$1,692

Property Description

Discover the potential in this solid all-brick 2-flat located in the up-and-coming West Humboldt Park neighborhood! This fully vacant property offers a rare opportunity for investors or owner-occupants to bring their vision to life and select their own tenants from day one. The first unit features 1 bedroom, with the first-floor unit offering a finished bathroom and direct access to the basement-creating the possibility to duplex down into an expanded living space. The second floor unit has 2 bedrooms, with a roughed-in bathroom, and a nice size kitchen. The unfinished basement has a roughed-in bathroom providing a strong foundation for future improvements and added value. Ideal for an investor, FHA 203(k) renovation buyer, or house hacker looking to live in one unit while generating rental income from the other. With some work and creativity, this property presents excellent upside and long-term potential. With the right improvements, the ARV is estimated to be in the $350,000-$400,000 range, offering strong upside potential. Conveniently located just minutes from downtown Chicago, with easy access to public transportation including the CTA Blue Line, and close to neighborhood amenities such as the Garfield Park Conservatory. Don't miss this opportunity to build equity in a rapidly developing area! *AS-IS*

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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