17
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$110,000
Est. payment /mo
6 Beds
Active Under Contract
7159 S Winchester Avenue Chicago, IL 60636
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12469669
Bedrooms 6
Year Built 1920
Annual Tax Amount $1,112
Tax Year 2023
Lot Dimensions 4375 SQ FT
Property Sub-Type Two to Four Units
Property Description
Packed with potential, this solid two-unit is an ideal value-add project for investors, rehabbers, or experienced homeowners looking to create long-term equity. Each level offers a spacious, flexible layout ready for your redesign-update kitchens and baths, refresh flooring, and modernize mechanicals to command strong rents or set up a live-in/lease-one "house hack." A full basement provides excellent storage and workspace, with room to add laundry or explore additional improvements. The property needs work and is priced accordingly-perfect for a buyer with vision, a contractor, and a plan. Consider BRRRR, flip, or hold strategies; either way, there's meaningful upside once renovations are complete. Renovation financing or cash/hard money is recommended.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Vinyl Siding,Frame
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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