2258 S Whipple St

Chicago, IL 60623
  • $249,000

    Price
  • 3,828

    SqFt
  • 0.07

    Acre

About the Listing 22205 - 266431

Attention investors, developers and experienced rehabbers. Unique masonry multifamily property offering exceptional space, multiple living areas and substantial value-add potential at an attractive new price. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The existing configuration includes two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, along with a full finished attic spanning the building. The attic currently features four bedrooms, a living area, recreational space, a bathroom and storage, offering significant flexibility for future renovation or reconfiguration subject to applicable approvals. The first floor also includes a large former storefront/bar space, an additional room that may function as a bedroom, office or flex space, and a bathroom. A detached brick two-car garage provides additional parking and storage. With its masonry construction, multiple residential areas, full finished attic, former commercial space and detached garage, this property presents a unique opportunity for an investor looking for a substantial Chicago rehab, redevelopment or repositioning project. Be sure to review the floor plans to fully understand the size, layout and 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 renovation or redevelopment plans.

Listing Highlights for 2258 S Whipple St

Status Active
Days on Site 0
Property Type Commercial Sale
MLS ® 12786562
Year Built 1893
Total Square Footage 3,828
Lot/Acreage 0.07

Interior Details

  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Electric,Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

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

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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