Classic Chicago Greystone two-flat in fast-rising West Garfield Park with RT-4 zoning and potential ADU eligibility-an exceptional, high-upside opportunity delivered with full architectural plans, drawings, and permits. Major improvements are already complete, including a newer roof with an added protective layer, all-new plumbing (city-passed), and all-new electrical (awaiting final approval). Each oversized unit-4BR/2BA up and 3BR/2BA down-offers approximately 1,600 sq ft with soaring ceilings, brand-new hardwood floors, updated bathrooms, and washer/dryer hookups in every unit, including the basement. The walkout basement (~2,100 sq ft with 7.5-ft ceilings and a full bath) is primed to become either a duplex-down, a fully legal third unit under existing RT-4 zoning (no upzoning required), or a potential ADU conversion unit for an owner-occupant. ARV is estimated at $456,000 as a two-flat and $505,000 as a three-unit, with strong rental comps showing demand for ~$2,350/month for 4BR/2BA units and ~$1,892/month for 3BR/2BA units. The home requires only minimal finishing work-with kitchen cabinets for Unit 1, bathroom tile, and drywall materials included on-site to complete the remaining finishes-and also features a two-car garage, convenient access to I-290 and CTA, and proximity to the rapidly expanding United Center redevelopment. The seller, a professional remodeling contractor, is not distressed and is offering a $10,000 closing credit, making this a rare, near-turnkey Greystone with tremendous equity and income potential for both investors and house hackers.

Listing Courtesy of MRED as distributed by MLS Grid of Straight-A Realty, LLC



Based on information submitted to the MLS GRID as of 2025-12-07 04:48 AM 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: 2025-12-07 04:48 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.