Two-Unit Brick Opportunity in Englewood – Move In, Rent, Renovate. Discover the perfect entry point into Chicago’s income property market with this legal two-flat in Englewood. With two 3-bed/1-bath units, separate utilities, and a full unfinished basement, this property allows you to live in one unit while collecting rent on the other – or capitalize on long-term appreciation through renovation. Sold AS-IS, this is a cash-flow and sweat-equity play. Why This Property Stands Out? Live / Rent Strategy: Ideal for an owner-occupant to live in one unit while renting the other. Value-Add Upside: The unfinished basement and solid brick shell create opportunity to improve, modernize, and increase rents or convert layouts. Strong Transit Access: Excellent walk / transit score in the area (72/100 on Redfin) – public transportation is readily accessible. Neighborhood / Market Context: Positioned in Englewood, a neighborhood with active redevelopment interest. The property’s price point reflects current conditions while providing a path for equity growth.
Property Details
Price:
$415,000
MLS #:
MRD12482112
Status:
Active Under Contract
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
Oct 3, 2025
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Frame
Parking Features
None, On Site, Other
Parking Spots
2
Financial
Tax Year
2023
Taxes
$910
Listing Agent & Office
Amanda Stapleton
Blue Door Dave Inc
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