Value-add investment opportunity located in Chicago's vibrant Little Village / South Lawndale neighborhood. This brick multi-unit property offers strong potential for investors, developers, or owner-occupants looking to build equity through renovation. The building currently features two legal dwelling units plus an existing garden in-law unit, with each unit configured as 2 bedrooms and 1 bathroom. The property experienced recent 2nd floor fire damage. This brick structure remains sound, creating an opportunity for renovation and long-term value creation. The property sits within an RT-4 zoning district, which may allow the legalization of the existing third unit, creating additional rental income potential once properly permitted. Exterior features include ample off-street parking with a large concrete pad, a valuable amenity for residents and tenants alike. Bring your contractor and vision-this property is ready for its next chapter.
Baird & Warner Lori & Robert Jones Agent Cell: 630.707.6561 Email
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: Altura Realty Inc.
Listing Office Phone: 312-399-6661
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2330 S Ridgeway Avenue, Chicago, IL 60623.
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2330 S Ridgeway Avenue, Chicago, IL 60623.
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