QUIET. EXTRAORDINARY. READY. Smart Buy in Morgan Park! Welcome to this well-maintained, fully-occupied 2-flat in the heart of the neighborhood, perfect for first-time multifamily buyers or experienced investors looking to build long-term wealth. Price reduced from $275k to $269k, a substantial cost savings for the right buyer! This property sits on 3 full city lots (that’s the extraordinary part) – offering rare outdoor space, expansion potential , or added privacy. The first floor unit features 3 bedrooms and 2 bathrooms (one in the master suite), and offers a comfortable layout with great natural light and solid rental appeal – it is duplexed-down, so potentially there is space for an additional bedroom or an office space in the basement. THe second floor unit is a three bedroom/1 bath unit with a large deck, perfect for enjoying spring, summer and fall days and evenings. You’ll also find two car garages on the property – one 2-car garage and one 1-car garage – providing ample parking or additional storage/income opportunities. Laundry room on-site. The classic Chicago brick & frame exterior adds timeless curb appeal, while updated mechanicals and stable tenants make this a true turnkey opportunity. Located on a quiet, tree-lined street near parks, schools, shopping and Metra, CTA and I-57 expressway access, this property offers long-term stability in one of Chicago’s most sought-after South Side communities. Having a 2-flat in this location provides both convenience and community charm. Whether you’re house-hacking or investing, this one checks all the boxes! Act fast – opportunities like this in Morgan Park don’t last long! AS IS, WHERE IS.
Property Details
Price:
$269,000
MLS #:
MRD12392204
Status:
Active
Beds:
6
Baths:
3
Address:
1721 W Steuben Street
Type:
Multi Family
Neighborhood:
chimorganpark
City:
Chicago
Listed Date:
Jun 19, 2025
State:
IL
ZIP:
60643
Year Built:
1925
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick, Frame
Other Structures
Other
Parking Features
Garage Door Opener, Garage, On Site, Garage Owned, Detached
Parking Spots
3
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$2,846
Listing Agent & Office
Dona Crane
EXIT Strategy Realty
Mortgage Calculator
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1721 W Steuben Street
Chicago, IL
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