2258 S Whipple St

Chicago, IL 60623
  • $275,000

    Price
  • 3,828

    SqFt
  • 0.07

    Acre

About the Listing 22205 - 266431,892157

Attention investors, developers and experienced rehabbers. Unique masonry multifamily property offering substantial space, multiple residential living areas and significant value-add potential. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The existing layout includes two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, along with a full finished attic extending across the building and providing a substantial additional level. The attic currently includes four bedrooms, a living area, recreational space, a bathroom and storage, creating considerable flexibility for future renovation or reconfiguration subject to applicable approvals. The first floor also includes a large former storefront/bar space, plus an additional room behind it that may function as a bedroom, office or flex space, along with a bathroom. A detached brick two-car garage provides additional parking and storage. With its multifamily configuration, full finished attic, former commercial space, masonry construction and detached garage, this property offers a compelling opportunity for an investor seeking a Chicago rehab, redevelopment or repositioning project. Be sure to review the floor plans to better understand the overall layout and full potential of the property. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, legal unit count, permitted uses, occupancy, building condition and any future redevelopment plans.

Listing Highlights for 2258 S Whipple St

Status Pending
Days on Site 35
Property Type Commercial Sale
MLS ® 12755698
Year Built 1893
Total Square Footage 3,828
Lot/Acreage 0.07

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Electric,Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 126 x 25
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Detached

Financial Details

  • Tax Amount: $4,015
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16251020270000
  • Tax Year: 2023

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2258 S Whipple St Chicago, IL 60623

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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