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About the Listing 28286 - 271865,268312,885269
Attention investors and savvy buyers! This four-unit residential building at 354 W Normal Parkway in Chicago presents an outstanding opportunity to add value and build equity. This property offers tremendous upside for those willing to bring a little TLC and vision. 3 units are currently occupied with tenants on month-to-month leases, providing immediate income while allowing flexibility for future rent adjustments or renovations. The property is significantly under-rented, creating strong potential to increase cash flow after updates and repositioning on the market. With the right improvements, this building has the potential for a much higher ARV, making it an ideal project for investors looking to renovate, stabilize, and maximize returns. Whether you're planning a light refresh or a full value-add strategy, the upside here is undeniable. Located in Chicago's South Side near parks, transportation, and neighborhood amenities, this property benefits from strong rental demand and long-term investment potential. Property is Sold As-Is. Please call listing agent to arrange a private showing allowing 48 hrs notice and for any questions.
Listing Highlights
Status
Pending
Days on Site
41
Property Type
Multi-Family
MLS ®
12585071
Year Built
1888
Total Square Footage
0
Lot/Acreage
7,866
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 7,866
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes
Financial Details
- Tax Amount: $218
- Taxes w/Assessments: N/A
- Tax/Property ID: 20214000270000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
354 W Normal Pkwy Chicago, IL 60621
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