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$ 319,000
Est. payment /mo
New
2711 E 93rd ST Chicago, IL 60617
2 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12673343
Bedrooms 2
Year Built 1919
Annual Tax Amount $3,082
Tax Year 2024
Lot Dimensions 25 X 130
Property Sub-Type Two to Four Units
Property Description
Cash Flow King! Unique Opportunity in the Heart of South Chicago, Commercial 2-Unit with Endless Potential! Investors, take note! This commercial/residential hybrid is a rare find in the Chicago market, especially close to the new Quantum and Microelectronics Park, offering immediate income and massive value-add potential. Whether you're looking to build your portfolio or find a "live-and-earn" property, this Miced Use- 2-unit powerhouse is ready to perform. Unit 1 - Ground Floor Commercial Income. Currently fully rented and operating as a church, the first floor offers a sprawling, open-concept floor plan. With high visibility and its own half-bath, this versatile space is perfect for its current use or could easily transition into a retail storefront, professional studio, or office space in the future. Unit 2: Spacious Residential Apartment. The second floor isn't just an apartment-it's a spacious, income-generating home. Value-Add Alert - Currently a massive 2-bedroom, 1-bath layout, there is dedicated space already in place to easily convert this into a 3-bedroom unit, instantly boosting your rental comps! Features include a bright living room and a massive eat-in kitchen that tenants will love. Extra Living Space- A heated back porch adds year-round square footage, making it a standout in the rental market. The "Investor Specials - Dual Income Streams, Commercial and residential combined for maximum stability. Parking Perks- A 2-car garage (as-is) and plenty of street parking available-a high-demand asset in the city that can be rented separately for additional monthly cash flow. Turn-Key Ready - Currently rented out, so you can start seeing a return from day one. Whether you're looking to collect dual rent or move into the top floor while running your business below, this property is a rare find. Properties with this kind of versatility and growth potential don't stay on the market long.
Location
State IL
County Cook
Area Chi - Calumet Heights
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ursula Shine of Exit Strategy Realty / EMA Management