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Description
Capitalize on the rapid appreciation of this high-growth Path of Progress neighborhood with a versatile brick 2-flat featuring a finished basement. Perfectly suited for a high-end fix and flip or a duplex-down conversion to maximize rental yield, this property offers two spacious 2-bed/1-bath units and a finished basement with two additional rooms and a full bath. Zoned RS-3, the building is equipped with individual HVAC systems for each floor, including separate furnaces and water heaters. The backyard provides a prime opportunity to build a new garage, further increasing the asset's resale value. Positioned near the 606 Trail and major retail developments, offering an ideal canvas for an investor looking to secure a foothold in one of Chicago's most trending markets.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 3
County: Cook
Listed By:
DEI Realty LLC
888-720-3075
MRED MLS
MLS ID: 12606813
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940 N Hamlin Avenue , Chicago, IL 60651.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $225,000 | $225,000 | $225,000 |
| Down Payment | $45,000 | $7,875 | $56,250 |
| Monthly Mortgage Amount | $1,079 | $1,325 | $1,379 |
| Taxes | $313 | $313 | $313 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $99 | $0 |
| Monthly Estimated Total | $1,492 | $1,837 | $1,792 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 12:06:34 AM EST) or MRED MLS (last updated Wed 04/08/2026 11:57:57 PM EST) or SCWMLS (last updated Wed 04/08/2026 11:54:51 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 04/08/2026 10:16:05 PM EST) or Cedar Rapids MLS (last updated Wed 04/08/2026 10:44:48 PM EST) or NEIRBR MLS (last updated Wed 04/08/2026 11:58:45 PM EST) or ICAAR MLS (last updated Wed 04/08/2026 11:37:36 PM EST) or ECIMLS (last updated Wed 04/08/2026 11:44:16 PM EST) or RMLSA (last updated Thu 04/09/2026 12:00:59 AM EST) or Muscatine MLS (last updated Thu 04/09/2026 12:00:26 AM EST) or No Coast MLS (last updated Thu 04/09/2026 12:04:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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