5537 W 63rd Place, Chicago, IL

Solid brick two-flat building with excellent income potential, including a possible third unit in the basement. The first-floor unit has been recently rehabbed and features an in-unit washer and dryer. Current tenants are on a month-to-month lease. The second-floor unit offers three bedrooms and has been occupied by long-term tenants for over 15 years. They are currently on a month-to-month lease and in the process of moving out. This unit will require updates, presenting a great value-add opportunity. Being sold as-is. The basement was previously rented as a one-bedroom unit generating $1,200/month and includes a front-loading washer and dryer. Basement flooring is all ceramic tiles. Please note, the basement has experienced flooding and backup during periods of heavy rain, an issue that has impacted the surrounding block. Ideal for investors or owner-occupants looking to add value and maximize rental income.