3024 E Cheltenham Place, Chicago, IL

$125,000

Overview

  • 140918
  • Property ID
  • Updated On:
  • April 2, 2026
  • 5
  • Bedrooms
  • 4
  • Bathrooms

Description

Calling All Investors! Rare opportunity to own a luxury 2-flat just steps from the Thrive Exchange development on Chicago’s South Side. Located just one block from Lake Michigan, this property sits in a rapidly appreciating area with strong rental and resale upside. Investment Highlights: Approved plans & permits in hand Opportunity to complete a high-end, income-producing asset Prime South Side location near major development Strong long-term appreciation potential Property Features: Soaring high ceilings, Large, open floor plans, Modern layouts with premium finish potential Designed for luxury living Unit 1: 3 Bedrooms, 2 Full Bathrooms. In-unit washer & dryer Unit 2: 2 Bedrooms, 2 Full Bathrooms, In-unit washer & dryer This is an ideal opportunity for investors seeking to complete a luxury build in a high-demand neighborhood with significant rental income potential. Photos and approved permit/plans attached. Additional details available upon request. ARV: $375,000

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Other Features
Brick
Concrete Perimeter
Flat
Natural Gas
Off Alley
Public
Public Sewer
Rubber

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$640.90
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 484.65

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Information for the property at 3024 E Cheltenham Place, Chicago, IL, 60649 (Property ID: 140918) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi