Under Contract

Listed by Kinga Korpacz from Exit Realty Redefined

Source: Midwest Real Estate Data, LLC #12724950

6144 West School Street, Chicago, IL, 60634

$550,000

6
4
2
0.08 ac.

MultiFam

•

5 days on the market

What's around 6144 West School Street

About this property

Multiple offers received, highest and best due by Sunday 10pm, seller to review the offers Monday morning and make a decision. Exceptional value and an outstanding investment opportunity! This well-maintained, solid 2-unit building with a finished in-law apartment offers generous living space, numerous major updates, and excellent income potential. The first-floor unit features approximately 1,000 square feet of living space with 3 bedrooms, 1 full bathroom, beautiful hardwood floors, and was tastefully updated in 2014. The second-floor unit offers approximately 1,100 square feet, 3 bedrooms, 2 full bathrooms, hardwood flooring, and was updated in 2016. Enjoy the added bonus of a private 12' x 16' balcony, perfect for relaxing or entertaining. The finished lower level was completely updated in 2024 and features a private in-law apartment with 1 bedroom, 1 full bathroom, luxury vinyl plank flooring, and access to the shared laundry area. Major improvements provide peace of mind, including a new roof (2016), detached 2-car garage (2016), both HVAC systems replaced (2016), vinyl replacement windows, and durable Hardie siding. Each of the first and second-floor units has separately metered gas and electric service, while the basement has its own electric meter. The owner is responsible for the water bill. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income, this versatile property offers exceptional flexibility. The second-floor tenant is willing to vacate with 90 days' notice if desired, providing additional options for an owner-occupant or investor.

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