Under contract

2101 W 51st St, Chicago, IL 60609

Beds
7
Baths
4
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHomeSmart Connect
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Overview

Attention investors and owner-occupants! Exceptional income-producing opportunity in Chicago featuring multiple finished living spaces and strong rental potential. The property offers a 2-bedroom, 1-bath first-floor unit, a 2-bedroom, 1-bath second-floor unit, a finished 2-bedroom, 1-bath basement, and a finished attic with 1 bedroom and 1 bath, providing versatile living arrangements. Major improvements include a complete tear-off roof on the main house, a newer 2-car garage, brand-new laminate flooring in the basement and second floor, fresh paint, and a new sink and toilet. The second-floor bathroom has also been updated. Pride of ownership is evident throughout, with numerous improvements already completed. Based on current market conditions, the first and second-floor units may each generate approximately $1,700-$1,900 per month in rental income. The finished attic offers additional potential for related living or supplemental income opportunities, subject to zoning and local regulations. Whether you're looking to expand your investment portfolio, generate strong cash flow, or live in one unit while offsetting your mortgage with rental income, this property checks all the boxes. Conveniently located near schools, public transportation, shopping, and expressways. Schedule your showing today!

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
7
Number of bathrooms
4
Lot size (acres)
0.09

Garage and parking

Garage parking spaces
2

Utilities

Heating
Natural Gas
Sewer
Public Sewer
Water
Other

Taxes

Tax Annual Amount (2024)
$2,765.86

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12635092 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.