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3657 W Ohio Street Chicago, IL 60624 Multi Unit - Multiple New

New - 12 Hours Ago
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  • 3657 W Ohio Street , Chicago, IL 60624 Main Photo

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Sat, Apr 25th 12:00pm - 2:00pm

Description

Discover the potential in this solid all-brick 2-flat located in the up-and-coming East Garfield Park, right on the border of Humboldt Park. This fully vacant property offers a rare opportunity for investors or owner-occupants to bring their vision to life and select their own tenants from day one. Each unit features 1 bedroom, with the first-floor unit offering a finished bathroom and direct access to the basement-creating the possibility to duplex down into an expanded living space. The second floor and basement include roughed-in bathrooms, providing a strong foundation for future improvements and added value. Ideal for an investor, FHA 203(k) renovation buyer, or house hacker looking to live in one unit while generating rental income from the other. With some work and creativity, this property presents excellent upside and long-term potential. With the right improvements, the ARV is estimated to be in the $350,000-$400,000 range, offering strong upside potential. Conveniently located just minutes from downtown Chicago, with easy access to public transportation including the CTA Blue Line, and close to neighborhood amenities such as the Garfield Park Conservatory. Don't miss this opportunity to build equity in a rapidly developing area!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 3
Bathrooms: 3
County: Cook
Listed By:
eXp Realty 888-574-9405
MRED MLS
$260,000
Est. $1,676/mo
3beds
3baths
New to the Market New
BEDS3 BATHS3 full MLS#12623160
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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3657 W Ohio Street , Chicago, IL 60624.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $260,000$260,000$260,000
Down Payment $52,000$9,100$65,000
Monthly Mortgage Amount $1,214$1,531$1,580
Taxes $362$362$362
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$114$0
Monthly Estimated Total $1,676$2,107$2,042

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