2351 S Whipple St

Chicago, IL 60623
  • $475,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 18705 - 875324,841124

Fantastic opportunity for owner-occupants and investors alike! Renovated in 2017, this well-maintained legal three-unit brick building offers a rare combination of strong cash flow, flexible occupancy, desirable updates, and significant upside potential. The first-floor unit is a spacious ground-level 1 bedroom featuring a sun-drenched living room, an oversized spa bathroom with a large walk-in shower and jacuzzi tub, and an eat-in kitchen with custom cabinets, granite counters, and a mosaic backsplash. The second and third-floor are 2 bedroom, 1 bathroom units with hardwood floors throughout and eat-in kitchens featuring shaker cabinets, granite counters, and updated appliances. A full attic provides excellent storage and the potential to duplex up and create an expansive owner's unit. Additional highlights include a two-car parking pad, dedicated washer/dryer for each unit, and a spacious fenced-in yard with two patios and a pergola, giving residents incredible outdoor space for relaxing, al fresco dining, or entertaining. Newer roof, windows, and kitchen appliances (2018) as well as updated electrical, plumbing, and copper piping throughout. With strong rental income ($4350/month in 2026), laundry for each unit, attractive outdoor space, and a top floor unit with potential to duplex-up now vacant and ready to occupy, this property is ideal for both investors seeking a stabilized income-producing asset or buyers looking to build equity while offsetting their monthly housing costs. Walkable and transit-friendly neighborhood!

Listing Highlights

Status Pending
Days on Site 33
Property Type Multi-Family
MLS ® 12630510
Year Built 1894
Total Square Footage 0
Lot/Acreage 0.07
County Cook
School District 299

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Indv Controls
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 25X126
  • Zoning: MULTI
  • Roof:
  • Others: Fire Pit
  • Sewer: Public Sewer
  • Parking Features: Yes,Owned

Financial Details

  • Tax Amount: $4,219
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16251100190000
  • Tax Year: 2024

Payment Calculator

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2351 S Whipple St Chicago, IL 60623

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Originating MLS: mred

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