Turnkey Brick 2-Flat | Fully Rehabbed | Income-Producing Day One Private Laundry Per Unit | Basement Storage | Duplex-Down Potential A rare opportunity to own a fully renovated, cash-flowing 2-flat with stable, long-term tenants already in place and rent hitting your account every month - no work, no waiting. The Units: Unit 1 - 2 bed | 1 bath | hardwood floors | updated kitchen Unit 2 - 3 bed | 1 bath | hardwood floors | updated kitchen Each unit features its own private laundry room and dedicated basement storage. Tenants pay all utilities. The Building: Comprehensively rehabbed in 2021 with updated plumbing and electrical throughout. Roof inspected and repaired. New back porch siding. Mechanically sound and genuinely low-maintenance - the heavy lifting is already done. The Upside: The large unfinished basement presents a compelling value-add play: rough plumbing is already in place for a duplex-down conversion, turning this 2-flat into a 3-unit and unlocking a significant additional income stream. Why It Works: Stable tenancy | Utilities paid by tenants | Rehabbed & move-in ready | Value-add conversion potential | Motivated seller
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Community Features: Curbs, Sidewalks, Street Lights, Street Paved
Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Fireplace-Artificial,Garage/Space,Hardwood Floors
Security Deposit: 0
Rent: $1,519
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM
Unit Type 2 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Fireplace-Artificial,Garage/Space,Laundry Hook-Up
Rent: $1,559
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM
Exterior
Building Information
# Of Units in Building: 2
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Tar/Gravel
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2021
General Information: Commuter Bus,Interstate Access
Parcel Number: 20204120120000
Fencing: Fenced
Lot Information
Dimensions: 4375
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $3,013.83
Tax Year: 2024
Financial Information
Finance Code: FHA
Special Service Area: N
Gross Income: $36,936
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Hyde Park
Corporate Limits: Chicago
Directions: From Dan Ryan - west on 69th to morgan, north to address
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,416
Stories: 2.0
Lot Size: 4,375 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1923
Year Renovated: —
County: Cook County
APN: 20204120120000
Home facts updated by county records on Sep 15, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Wentworth Elementary School
Public PreK-8 • Assigned • 0.6mi
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
0% chance of strong winds in 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)
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61
44
67
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67
78
62
68
52
52
40
37
25
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Sun exposure
80/ 100
Very good sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.