Value-Add 2-Unit in Roseland! Perfect for Fix & Flip or Rental Income!

  • Highest & Best
3X East 101st Place, Chicago, IL, USA
Available
Value-Add 2-Unit in Roseland! Perfect for Fix & Flip or Rental Income!
3X East 101st Place, Chicago, IL, USA
  • Highest & Best

Overview

  • Residential
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 2454
  • sqft

Description

Value-Add Opportunity: 2-Unit Building in Roseland, Chicago, IL

Introducing 3X E 101st Pl, Chicago, IL 60628, a spacious 2-unit building with a bonus basement unit, located in the heart of the Roseland neighborhood. With a total of 2,454 sq ft, this property is ideal for investors or homeowners looking to capitalize on a value-add opportunity.


💸 Financial Overview:

  • Asking Price: Highest & Best
  • After Repair Value (ARV): ~$300,000
  • Comparable Sales:
    • 10156 S Indiana Ave, Chicago, IL 60628 – Sold for $315,000 (Total Renovation)
    • 33 E 100th St, Chicago, IL 60628 – Sold for $130,000 (As-Is); Buyer made touch-ups and it’s now on the market for $199,000

🏚️ Property Features:

  • 2nd Floor: 3 bedrooms, 1 bathroom
  • 1st Floor: 2 bedrooms, 1 bathroom
  • Basement Unit: 2 bedrooms, 1 bathroom
  • Total Square Footage: 2,454 sq ft
  • Condition: Great potential, needs updates and renovations

🔨 Investment Opportunity:

This multi-unit building offers a prime investment opportunity with the potential for strong returns. Investors can renovate the units for rental income or resale, or the property can serve as a live-in investment for an owner-occupant. The basement unit offers additional income potential.


🌆 Neighborhood Highlights:

  • Located in the historic Roseland neighborhood of Chicago, known for its vibrant community and close proximity to public transportation.
  • Easy access to shopping, schools, and local amenities.

With an asking price of $119,900 and an ARV of ~$300,000, this property presents an incredible value for investors and homeowners alike.

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


Discover more homes and investment opportunities: Click Here!

  • Address 3X East 101st Place, Chicago, IL, USA
  • City Chicago
  • State/county Illinois
  • Zip/Postal Code 60628
  • Country United States

Similar Listings

Compare listings

Compare
Search
Price Range From To
NRP
  • NRP