2351 S Whipple Street, Chicago, IL

$475,000

Overview

  • 549277
  • Property ID
  • Updated On:
  • May 3, 2026
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 0 ft2
  • Property Lot Size

Description

Fantastic opportunity for owner-occupants and investors alike! Renovated in 2017, this well-maintained legal three-unit brick building offers a rare combination of strong cash flow, flexible occupancy, desirable updates, and significant upside potential. The first-floor unit is a spacious ground-level 1 bedroom featuring a sun-drenched living room, an oversized spa bathroom with a large walk-in shower and jacuzzi tub, and an eat-in kitchen with custom cabinets, granite counters, and a mosaic backsplash. The second and third-floor are 2 bedroom, 1 bathroom units with hardwood floors throughout and eat-in kitchens featuring shaker cabinets, granite counters, and updated appliances. A full attic provides excellent storage and the potential to duplex up and create an expansive owner’s unit. Additional highlights include a two-car parking pad, dedicated washer/dryer for each unit, and a spacious fenced-in yard with two patios and a pergola, giving residents incredible outdoor space for relaxing, al fresco dining, or entertaining. Newer roof, windows, and kitchen appliances (2018) as well as updated electrical, plumbing, and copper piping throughout. With strong rental income ($4350/month in 2026), laundry for each unit, attractive outdoor space, and a top floor unit with potential to duplex-up now vacant and ready to occupy, this property is ideal for both investors seeking a stabilized income-producing asset or buyers looking to build equity while offsetting their monthly housing costs. Walkable and transit-friendly neighborhood!

Bedrooms
3
5+
Climate Control
Heating
Garden
Yes
Other Features
Brick
Ceiling Fan(s)
Fire Pit
Forced Air
Gated
Indv Controls
Natural Gas
Owned
Patio
Public
Public Sewer
Sidewalks
Street Lights
Street Paved
Vinyl Siding

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$2,435.42
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,841.67

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Information for the property at 2351 S Whipple Street, Chicago, IL, 60623 (Property ID: 549277) 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