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About the Listing 28116 - 260968,1007896
Investor & Owner-Occupant Opportunity - Classic Chicago Brick 2-Unit with Massive Upside Attention investors, rehabbers, contractors, and savvy homebuyers looking to build serious equity. This solid brick 2-unit building offers an incredible opportunity for both experienced investors and owner-occupants looking to customize their dream home while generating rental income. The property features 5 total bedrooms and 3 full bathrooms and is ready for complete renovation giving the next owner the ability to redesign the property exactly how they want. Also, during the renovation the new owner will be able to add another bedroom to the second unit to make this a fabulous 6 bedroom 3 bathroom property. Perfect for Owner-Occupants Using Renovation Financing This property is also a rare opportunity for an owner-occupant to purchase a multi-unit property, renovate it to their personal taste, and create instant sweat equity. Buyers using renovation financing programs such as FHA 203(k) or HomeStyle Renovation loans may have the opportunity to: * Live in one unit and rent the second unit * Use rental income to help offset the mortgage * Build long-term equity while generating income * Over half of housing expenses could be offset by rental income from the second unit after renovation. Property requires a FULL GUT REHAB. Sold AS-IS "Seller will review highest and best offers within 7 days of listing date March 26, 2026."
Listing Highlights
Status
Pending
Days on Site
21
Property Type
Multi-Family
MLS ®
12588252
Year Built
1914
Total Square Footage
0
Lot/Acreage
30X125
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 30X125
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $1,694
- Taxes w/Assessments: N/A
- Tax/Property ID: 16224140170000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
4312 W Cullerton St Chicago, IL 60623
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