2-Unit Investment Opportunity in Auburn Park, Chicago – Perfect for a Full Renovation!

Located at 7XXX S Carpenter St, Chicago, IL 60620, this 2-unit building is a prime investment opportunity in the Auburn Park neighborhood. With a solid structure but in need of extensive work, this property offers significant potential for a full renovation and value addition.

💸 Financial Overview:

• Asking Price: 124,900
• ARV: $350,000

🏠 Property Features:

This 2-unit building is ideal for investors looking for a project with strong upside potential:

• First Unit: Features 3 bedrooms and 1 bathroom, providing ample living space for a family or multiple tenants.
• Second Unit: Includes 2 bedrooms and 1 bathroom, suitable for smaller families or additional rental income.
• Basement: The property includes an unfinished basement, offering further possibilities for expansion or storage.
• Condition: The building requires extensive renovations, making it a blank canvas for investors to design and upgrade according to their vision.

🔨 Investment Potential:

This property is perfect for a full rehab project, with the potential to significantly increase its market value. Comparable properties in the area highlight the strong potential returns:

• 7648 S Paulina St, Chicago, IL 60620 – REHABBED and sold for $375,000
• 7729 S Laflin St, Chicago, IL 60620 – Sold AS-IS for $170,000

🏡 Neighborhood Benefits:

• Located in Auburn Park, a neighborhood known for its historic charm and convenient access to public transportation, shopping, and local schools.
• Close to parks and community resources, making it a desirable location for future tenants or homeowners.
• Easy access to downtown Chicago and major highways, providing a convenient commute for residents.

Don’t miss out on this rare investment opportunity in Auburn Park! With the right renovations, this 2-unit building could become a lucrative income-generating property or a beautifully restored home.

For Inquiries and Viewing Requests, Call Now: (773) 985-7343

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