Off-Market Investment Opportunity

Asking Price

$280,000 Cash

Estimated ARV

$420,000

Property Details

• Brick 2-Unit Multifamily Building
• Potential 3rd Unit (Buyer to verify zoning and compliance)
• Unit 1: 2 Bedrooms | 1 Bathroom
• Unit 2: 3 Bedrooms | 1 Bathroom
• Full Unfinished Basement
• Approx. 7-Foot Basement Ceiling Height
• Tenant Occupied

Property Condition

• Solid brick construction
• Property is currently in livable condition
• Value-add opportunity through interior updates and renovations
• Basement offers potential for conversion into an additional unit (subject to buyer verification)
• Strong upside without requiring a complete gut renovation

Rehab Level: Light-to-medium value-add renovation

Investment Highlights

• Existing income-producing multifamily property
• Potential to add a third unit and significantly increase cash flow (buyer to verify)
• Excellent candidate for:
  • Buy-and-hold investment
  • BRRRR strategy
  • Value-add multifamily project
  • House hacking opportunity
• Located in an active investor market with ongoing redevelopment
• Convenient access to I-290 and downtown Chicago

Buyer Notes

This is a solid brick multifamily opportunity with multiple exit strategies. The property is currently tenant occupied and offers immediate income while providing significant upside through renovations and the potential addition of a third unit. Investors should perform their own due diligence regarding zoning, permitting, and code requirements for any basement conversion. Opportunities with expansion potential in West Garfield Park continue to attract strong investor interest due to the neighborhood's ongoing redevelopment and long-term appreciation potential.

Contact

For all inquiries, showing requests, or additional information:

Phone: (888) 775-4570

Email: sales@sharpedgeproperty.com