Welcome to this beautifully renovated GREYSTONE 2-unit property offering incredible income potential and future upside. This oversized building features a massive duplex-down first unit with 5 bedrooms and 2 bathrooms, along with a spacious 4 bedroom, 1 bathroom second-floor unit-ideal for maximizing rental income. The property has been thoughtfully updated with modern finishes throughout, making it truly turnkey for an investor or house hacker looking to generate strong cash flow from day one. What sets this property apart is the significant value-add opportunity: the expansive lower level provides the potential to be converted into an additional unit, allowing a buyer to create a 3-unit building and substantially increase rental income. With the right vision, this property can easily produce $5,000+ per month in rental income. Perfect for: Investors seeking strong returns House hackers looking to cover their mortgage Buyers looking for a property with forced appreciation potential Conveniently located with access to public transportation, major roadways, and neighborhood amenities. Don't miss this rare opportunity to own a high-upside asset with immediate income and future scalability.
Listed By
Agency Name: Blue Door Dave Inc
Agency Phone: 312-344-1487
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 1,933.11 per month $1,816.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.64 Homeowner's Insurance
6640 S Union Avenue | MLS# 12614323
This multi-family property located at 6640 S Union Avenue , Chicago, IL 60621 is currently listed for sale with an asking price of $399,900. S Union Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.