Exceptional investment opportunity in Chicago's Auburn Gresham neighborhood! This well-maintained brick two-unit building offers strong cash-flow potential with two long-term tenants currently in place on month-to-month leases, providing flexibility for investors and owner-occupants alike. The first-floor unit includes direct access to the basement, offering potential for a duplex-down conversion. Each spacious unit features generous room sizes, hardwood flooring, separate living and dining areas, updated kitchens and bathrooms, and abundant natural light throughout. The property has been well cared for over the years and is in overall great condition, allowing a new owner to step in with confidence. Additional highlights include a full basement offering ample storage and future potential, a large backyard, and rear parking. The classic Chicago brick exterior adds timeless curb appeal, while the oversized layout provides comfortable living spaces rarely found at this price point. Whether you're looking to expand your investment portfolio, generate immediate rental income, or occupy one unit while collecting rent from the other, this Auburn Gresham gem presents a fantastic opportunity. Conveniently located near public transportation, schools, parks, shopping, and major thoroughfares. Don't miss your chance to own a solid, income-producing property with stable tenancy and long-term upside potential.
32 days
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Zillow last checked:
Listing updated:
Listed by:
Adrian Perez708-972-0000,
Avenue Properties Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12683415
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Heating
Radiator(s)
Features
Basement: Unfinished,Full
Property
Parking
Total spaces: 2
Parking features: Off Alley, Off Street, Yes
Lot
Size: 3,217 Square Feet
Details
Parcel number: 20294220030000
Zoning: MULTI
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Foundation: Concrete Perimeter
Roof: Flat
Condition
New construction: No
Year built: 1906
Utilities & green energy
Sewer: Public Sewer
Water: Lake Michigan
Community & HOA
Location
Region: Chicago
Financial & listing details
Annual tax amount: $3,616
Date on market: 6/21/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
$273,200
Estimated sales range
$260,000 - $287,000
Rent Zestimate®
$1,704/mo
Price history
Date
Event
Price
7/18/2026
Price change
$275,000-8.3%
Source: MRED as distributed by MLS GRID #12683415Report a problem
6/21/2026
Listed for sale
$299,999+27.7%
Source: MRED as distributed by MLS GRID #12683415Report a problem
5/21/2021
Sold
$235,000-2%
Source: MRED as distributed by MLS GRID #10929937Report a problem
4/14/2021
Pending sale
$239,900
Source: MRED as distributed by MLS GRID #10929937Report a problem
3/30/2021
Listed for sale
$239,900
Source: MRED as distributed by MLS GRID #10929937Report a problem
3/14/2021
Contingent
$239,900
Source: MRED as distributed by MLS GRID #10929937Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.