Attention investors, developers and experienced rehabbers. Unique masonry multifamily property offering exceptional space, multiple living areas and substantial value-add potential at an attractive new price. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The existing configuration includes two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, along with a full finished attic spanning the building. The attic currently features four bedrooms, a living area, recreational space, a bathroom and storage, offering significant flexibility for future renovation or reconfiguration subject to applicable approvals. The first floor also includes a large former storefront/bar space, an additional room that may function as a bedroom, office or flex space, and a bathroom. A detached brick two-car garage provides additional parking and storage. With its masonry construction, multiple residential areas, full finished attic, former commercial space and detached garage, this property presents a unique opportunity for an investor looking for a substantial Chicago rehab, redevelopment or repositioning project. Be sure to review the floor plans to fully understand the size, layout and potential of the property. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, legal unit count, permitted uses, occupancy, building condition and any future renovation or redevelopment plans.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 630-789-8280
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
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2258 S Whipple Street | MLS# 12786562
This commercial property located at 2258 S Whipple Street , Chicago, IL 60623 is currently listed for sale with an asking price of $249,000. Search Chicago real estate on www.bhhscrosby.com today.