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In-PersonVirtual Tour
$ 190,000
Est. payment | /mo
4 Beds
2 Baths
$ 190,000
Est. payment | /mo
4 Beds
2 Baths
Open House
Sat Apr 25, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12606613
Bedrooms 4
Year Built 1909
Annual Tax Amount $3,240
Tax Year 2024
Lot Dimensions 30 x 125
Property Sub-Type Two to Four Units
Property Description
Investor opportunity in the high-demand East Garfield Park neighborhood of Chicago's West Side with strong upside potential. This property is being offered as a lender-approved short sale with the price already established, creating a clear path for acquisition without prolonged negotiation. ARV in the immediate area supports values up to approximately $400,000, making this a compelling candidate for a full renovation and resale or long-term hold strategy. The property requires a complete gut rehab and is best suited for experienced investors, developers, or contractors prepared to execute a full scope renovation. Ideal for value-add strategies including fix-and-flip or portfolio expansion. East Garfield Park continues to experience ongoing redevelopment, increasing investor activity, and growing demand, supporting strong after-repair positioning. IMPORTANT: Property is occupied. DO NOT approach or disturb occupants under any circumstances. Showings will be coordinated through proper channels only. Proof of funds is required with all offers. No exceptions. Cash or strong financial backing only. Buyer responsible for all due diligence. Property is being sold AS-IS, WHERE-IS with no warranties or repairs provided by the seller. Room sizes and details are estimated and should be independently verified. Serious inquiries only. This is a strategic acquisition opportunity for investors who understand redevelopment potential and are prepared to move efficiently.
Location
State IL
County Cook
Area Chi - East Garfield Park
Rooms
Basement Unfinished, Exterior Entry, Full, Walk-Out Access
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Short Sale
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Elizabeth Wright of Elux Real Estate Corporation