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$ 825,000
Est. payment | /mo
6 Beds
3 Baths
$ 825,000
Est. payment | /mo
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12698446
Style Traditional
Bedrooms 6
Year Built 1915
Annual Tax Amount $9,208
Tax Year 2023
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
Now Available - Fully Vacant 2-Unit in Albany Park, Steps from Ravenswood Manor. Located in the 33rd Ward ADU area, this legal 2-unit building offers rare flexibility for both investors and owner-occupants, with future potential for a basement/garden unit (buyer to verify zoning and compliance). Both units are being delivered vacant, giving a new owner a true blank slate to set market rents, owner-occupy one or both units, or reposition for maximum return. The first-floor duplex-down has undergone extensive recent improvements, including foundation and drainage work, a fully redone basement with new drywall and flooring throughout, a new exterior front door, three new water tanks, and a new refrigerator and dishwasher. Fresh interior paint and beautifully refinished hardwood floors complete the unit. The second-floor unit adds further upside, featuring a newer stove and ready for updating or immediate lease-up at today's market rents. Situated on an oversized lot just steps from the tree-lined streets and river charm of Ravenswood Manor, this property combines major completed capital improvements with significant value-add potential - ready for whatever the new owners have in store.
Location
State IL
County Cook
Area Chi - Albany Park
Zoning MULTI
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Community Features Sidewalks, Street Lights, Street Paved
Roof Type Tar/Gravel,Flat
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tanya Orndorff of Equity Partners Real Estate, LLC
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Sarah Leonard
Broker | Owner