2655 West 24th Place, Chicago, IL, 60608

About 2655 West 24th Place

Available to close after December 5. Great news for investors in search of an affordable brick income property: this one is a rare find! It features 2 income-generating apartments, with a tenant in place on the first level, so you'll be earning money from the day you take possession. Floorplans include 2 bedrooms in each unit, a cozy living room, a kitchen, and an enclosed porch. The building is being sold AS-IS. Step inside this recently (2020) updated 4-bedroom, 2-bath historic row house, and you'll discover new vinyl plank floors, all-new drywall, modern appliances, updated electrical work, and so much more. Right now, it's set up as a multi-family property, where unit 1 duplexes down, and unit 2 is located on the second floor. Each unit boasts 2 bedrooms and 1 bathroom, along with a spacious living room, kitchen, and dining area. Unit 1 also features a spacious media/family room. Plus, each apartment benefits from its own outdoor balcony space, and there's a shared staircase for accessing both ground and upper floor units. The property includes a new water heater and appliances from 2020. It's conveniently located near major highways, public transportation, shopping, dining, and grocery options! This fantastic home presents a great opportunity, whether you're looking to use it as an investment/income property or to convert it back into a single-family residence. Please note, the property is being sold AS-IS. NOTE ABOUT SHOWINGS: Please note, unit 2 in this building is available to tour. Unit 1 has a disabled tenant with dogs and is not currently available to show. We are currently working with tenant to open showings, but for now, only unit 2 can be toured. However, listing broker can share videos of both units (finishes and features are the same). Use ShowingTime to schedule a tour of unit 2.

Additional Information: This property is located in the CHI - South Lawndale neighborhood, IL. This 4 bedrooms two to four units property is priced at $249,000.

Listing Map