3251 W 111TH StreetChicago, IL 60655

Incredible Investment Opportunity in Prime Mount Greenwood! Here's your chance to own a well-maintained mixed-use two-flat in one of the most desirable high-traffic corridors on 111th Street in Mount Greenwood. This property offers excellent visibility, stable income, and significant upside potential. The building includes a 400 sq ft commercial space in the front and a spacious 3-bedroom, 1-bath residential unit in the rear-plus a full unfinished attic that offers future expansion potential. There's also a 2-car garage in the rear. The property has been well cared for, and both units are currently occupied with long-time, month-to-month tenants. Rents have not been raised in many years, offering immediate value-add opportunity by adjusting to market rate. The adjacent vacant 25 x 125 lot is also available for just $100,000 additional. Use it for expanded parking, outdoor space, or future development-the possibilities are endless. Both parcels have separate PINs and can be sold together. Whether you're looking to increase cash flow, expand your portfolio, or secure a prime piece of real estate in a sought-after business district, this is a must-see opportunity.
3 days ago | Listing updated with changes from the MLS® | |
3 days ago | Status changed to Active | |
a week ago | Listing first seen on site |

Based on information submitted to the MLS GRID as of 2025-07-31 09:36 PM UTC. 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.
Last checked: 2025-07-31 09:36 PM UTC
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