Turnkey Duplex in Chicago (60628) – Strong Cash Flow & Value Add Potential
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2-4 Unit -
4 -
2 -
1911 -
1200 -
No Garage
Description
Great opportunity to own a recently renovated brick duplex in Chicago’s 60628 zip code. This income-generating property features two spacious 2 bed / 1 bath units, both currently occupied by reliable tenants paying $1,000/month each — delivering $2,000/month in gross rental income from day one.
Each unit offers:
- Updated kitchens renovated just 4 years ago
- Fresh paint in kitchens and living rooms (2024)
- Newer roof and windows (replaced approx. 10 years ago)
The property has low taxes and minimal ongoing maintenance needed, making it a perfect turnkey investment. Rents are currently below market, presenting strong potential for increased future cash flow. An unfinished basement offers additional storage or expansion possibilities.
Located in a stable rental market with upside potential, this property is ideal for investors looking to grow their portfolio or house-hackers seeking income support.
Don’t miss out—schedule your showing today!
Estimated Spread
- ARV $225,000
- Price $125,000
- Spread $100,000
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