Attention investors and savvy buyers! This four-unit residential building at 354 W Normal Parkway in Chicago presents an outstanding opportunity to add value and build equity. This property offers tremendous upside for those willing to bring a little TLC and vision. 3 units are currently occupied with tenants on month-to-month leases, providing immediate income while allowing flexibility for future rent adjustments or renovations. The property is significantly under-rented, creating strong potential to increase cash flow after updates and repositioning on the market. With the right improvements, this building has the potential for a much higher ARV, making it an ideal project for investors looking to renovate, stabilize, and maximize returns. Whether you're planning a light refresh or a full value-add strategy, the upside here is undeniable. Located in Chicago's South Side near parks, transportation, and neighborhood amenities, this property benefits from strong rental demand and long-term investment potential. Property is Sold As-Is. Please call listing agent to arrange a private showing allowing 48 hrs notice and for any questions.
Multi-familyProperty Type
1888Year Built
2 spacesParking
Listed by Carla Common• Better Homes & Gardens Real Estate
Listed by Stefano Belmonte• Better Homes & Gardens Real Estate
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Cook County
APN
20214000270000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 10, 2025.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Parking (Total): 2
Interior
Bathroom Information
# of Baths (Full): 4
Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6
Additional Rooms Information
Basement: Partially Finished, Full
Interior Features
# of Rooms: 16
Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Range Hood,Cooktop
Security Deposit: 0
Tenant Pays: Electric,Gas
Lease Expiration Date: none
Unit Type 2 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Range Hood,Cooktop,Oven/Built-in
Security Deposit: $750
Rent: $750
Tenant Pays: Electric,Gas
Lease Expiration Date: m2m
Unit Type 3 Information
Floor Number: 2
# of Rooms: 6
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Range Hood,Cooktop,Oven/Built-in
Rent: $1,200
Tenant Pays: Electric,Gas
Lease Expiration Date: m2m
Unit Type 4 Information
Floor Number: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Range Hood,Cooktop,Oven/Built-in
Rent: $775
Tenant Pays: Electric,Gas
Lease Expiration Date: m2m
Exterior
Building Information
# Of Units in Building: 4
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 20214000270000
Lot Information
Dimensions: 7,866
Lot Size: Less Than .25 Acre
Lot Size Source: County Records
Financial
Tax Information
Tax Annual Amount: $218
Tax Year: 2023
Financial Information
Finance Code: Renovation Loan
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Radiant
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Lake
Corporate Limits: Chicago
Directions: From Hwy 90, take W63rd st exit, travel W on W 63rd st, Turn left on S Stewart ave, Left on W Normal Pkwy, and follow road around to arrive at 354 W Normal Parkway on your right. Latitude: 41.77176 | Longitude: -87.63
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 20214000270000
Home facts updated by county records on Sep 10, 2025
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Parker Elementary Community Academy
Public PreK-8 • Assigned • 0.1mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
79
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
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Sun exposure
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.