Charming 2-Bed Ranch for a 1st time buyer or Great Flip Potential (Quiet Block / 2-Car Garage) Description: This inviting ranch-style home presents a fantastic opportunity for both first-time buyers and savvy investors. With a clean interior and solid structure, it’s ready to transform into a cozy, modern gem. Currently 2 bedrooms / 1.5 baths, the home sits on a peaceful street yet remains just minutes from the expressway for convenient commuting. Step inside to find a well-kept interior with all appliances included – a turnkey feature many buyers love. The home has recently been tuckpointed and maintained with care. Though the exterior could use a little work, it’s a manageable project that will increase overall value as exterior improvements are done. One of the strongest features? The basement is ready to be finished – with the potential for the home to be converted to a 3 or 4 bedroom, 2 full bath layout. With that renovation, resale value could exceed $280,000. Backyard gatherings will be a breeze, and the 2-car garage provides extra storage or workshop space or just a great space for your car during those cold Chicago winters. If you’re interested in an income property, the home is also well suited for rental: it recently achieved $1,800/month rent, with potential to hit $2,200. The sale is AS-IS, giving you full creative freedom. (1/2 bath in the basement, not functioning) Don’t miss this rare chance to acquire a solid home with both immediate livable value and long-term upside. Schedule your showing today – opportunity like this is hard to come by.
Property Details
Price:
$169,000
MLS #:
MRD12492100
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Neighborhood:
chipullman
Listed Date:
Oct 9, 2025
Finished Sq Ft:
1,000
Year Built:
1954
Schools
School District:
299
Interior
Appliances
Range, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Oven
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas
Laundry Features
Gas Dryer Hookup
Exterior
Architectural Style
Ranch
Community Features
Park, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Exterior Features
Lighting
Parking Features
Off Alley, No Garage, On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt
Financial
HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$2,538
Listing Agent & Office
David Thomas
Blue Door Dave Inc
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