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Listed by Nicholaos Voutsinasof Redfin Corporation
$ 475,000
Est. payment /mo
Open 5/2 11AM-1PM
2351 S Whipple Street Chicago, IL 60623
5 Beds
3,049 Sqft Lot
Open House
Sat May 02, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12630510
Bedrooms 5
Year Built 1894
Annual Tax Amount $4,219
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 25X126
Property Sub-Type Two to Four Units
Property Description
Fantastic opportunity for owner-occupants and investors alike! Renovated in 2017, this well-maintained legal three-unit brick building offers a rare combination of strong cash flow, flexible occupancy, desirable updates, and significant upside potential. The first-floor unit is a spacious ground-level 1 bedroom featuring a sun-drenched living room, an oversized spa bathroom with a large walk-in shower and jacuzzi tub, and an eat-in kitchen with custom cabinets, granite counters, and a mosaic backsplash. The second and third-floor are 2 bedroom, 1 bathroom units with hardwood floors throughout and eat-in kitchens featuring shaker cabinets, granite counters, and updated appliances. A full attic provides excellent storage and the potential to duplex up and create an expansive owner's unit. Additional highlights include a two-car parking pad, dedicated washer/dryer for each unit, and a spacious fenced-in yard with two patios and a pergola, giving residents incredible outdoor space for relaxing, al fresco dining, or entertaining. Newer roof, windows, and kitchen appliances (2018) as well as updated electrical, plumbing, and copper piping throughout. With strong rental income ($4350/month in 2026), laundry for each unit, attractive outdoor space, and a top floor unit with potential to duplex-up now vacant and ready to occupy, this property is ideal for both investors seeking a stabilized income-producing asset or buyers looking to build equity while offsetting their monthly housing costs. Walkable and transit-friendly neighborhood!
Location
State IL
County Cook
Community Gated, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air, Indv Controls
Fireplace N
Exterior
Exterior Feature Fire Pit
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,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.
