4554 S WASHTENAW Avenue Chicago IL 60632 MLS #MRD12471812

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Discover a turnkey 2-flat in the heart of Brighton Park, expertly updated to blend classic Chicago bungalow charm with modern functionality. Both units have been fully renovated with long-term durability and tenant appeal in mind, featuring updated kitchens, stainless steel appliances, all-new windows, and pristine hardwood floors throughout. The lower-level in-law unit offers flexible options for additional rental income, extended family living, or short-term leasing potential. The full, unfinished third level presents a true value-add opportunity, allowing for expansion or conversion to maximize returns. Outside, tenants will enjoy a fully fenced yard and a 2-car garage-adding convenience, security, and rental appeal. With existing long-term, month-to-month leases, the property provides immediate cash flow with flexibility for market-rate adjustments. Ideal for first-time investors or seasoned buyers seeking stable income and growth potential, 4554 S. Washtenaw Avenue combines turnkey living, flexible income opportunities, and a prime Brighton Park location-making it a must-see addition to any portfolio.

Property Details

Price:
$434,900
MLS #:
MRD12471812
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Neighborhood:
chibrightonpark
Listed Date:
Sep 15, 2025
Year Built:
1925
Chi – Brighton ParkChibrightonpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$4,243

Listing Agent & Office

George Spiropoulos
Compass

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4554 S WASHTENAW Avenue
Chicago, IL