554 E 103rd Pl

Chicago IL 60628

0.08 ac.

Multi-Family

Currently for sale - view listing

Overview

Turnkey, income-producing two-flat with value-add potential! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 full bath. Both units are currently tenant-occupied-providing consistent rental income from day one. Second floor unit Housing Choice Voucher approved. Great opportunity for a new owner to maintain current tenants or secure new ones based on their investment strategy. The unfinished basement presents a prime opportunity to further enhance value-ideal for storage income, or future finished space to maximize revenue with separate entry and exit doors. Perfect for investors seeking a cash-flowing asset with upside, or owner-occupants looking to house hack while building equity. Situated on a quiet street with long-term, stable residents, this property offers both reliability and strong rental appeal. Conveniently located near shopping, dining, and transportation, making it attractive to tenants and future occupants alike. Low operating expenses with room to increase rent and maximize NOI. A solid opportunity for both new and seasoned investors looking for stability with upside.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

0.08 ac. lot size

Multi-Family

Property history for 554 E 103rd Pl

2024

Sold

$295,000

18 Jun 2024 by Rozilyn Dupiton, of Keller Williams ONEChicago

2018

Sold

$166,400

09 May 2018 by Francesca Hurst, of Ron Miller & Associates, Inc.

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