Multi Family In Chicago

Legal two-unit building in Irving Park. The property consists of two three-bedroom units: a three-bedroom, two-bath unit and a three-bedroom, one-bath unit. A non-conforming garden-level unit with a full bathroom adds extra flexibility. The property is eligible by right for the Chicago ADU program, offering a buyer a path to add value by creating an additional legal unit. The garden-level space currently has its own bathroom and electric service. The existing garden unit is non-conforming, and any future use or conversion would need to be researched and approved by the buyer. Buyer to verify zoning, ADU eligibility and compliance. This property is perfect for house hackers looking to start their investment journey using conventional financing. The layout suits owner-occupants who want to live in one unit and offset the mortgage with the other, and investors seeking long-term rental demand. There is room to add value through interior renovations and rent optimization. The property is currently owner-occupied with no tenants in place, so it’s an easy move-in. A new owner can live in one unit, set market rents on the other, and reposition the asset through strategic capital improvements. The property is in the heart of Irving Park, with tree-lined blocks / nearby parks / dining and shopping on Irving Park Road, Elston or Milwaukee. It has proximity to the Blue Line, Metra, or CTA bus routes, strong tenant demand and long-term appreciation drivers.