REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Olga Vega

olga@legacyrealtygroupllc.com +1(219) 588-9494

Listed by Mark Minorczykof Keller Williams ONEChicago

Est. payment -/mo

Save

New

1647 W 59TH ST Chicago, IL 60636

4 Beds

1.5 Baths

969 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 969 sqft

MLS Listing ID 12670558

Style Bi-Level

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1971

Annual Tax Amount $1,647

Tax Year 2024

Lot Size 3,123 Sqft

Lot Dimensions 25 x 125

Property Sub-Type Detached Single

Property Description

Cash-Flow Opportunity! Turnkey Rental Investment with an established tenant already in place. This tenant-occupied investment property is leased on a month-to-month basis, with the buyer to assume the tenancy and honor all tenant rights. Current rent is $1,480 per month, providing immediate rental income from day one. This split-level home features 4 bedrooms and 1.5 baths, including 3 bedrooms and a full bath on the upper level, a spacious living room, dining area, and kitchen on the main level, and a lower level with a 4th bedroom, half bath, family/bonus room, and utility room combined with a laundry area and shower stall. Hardwood flooring extends throughout the main and upper levels, while the lower level features ceramic tile flooring. Additional improvements include an updated full bath (2025), stove (2025), refrigerator (2023), gas forced-air furnace (2023), steel security door (2024), replacement of the west and south side siding (2019), and several newer windows, including two on the west side and the large north-facing picture window. The property also offers double-pane windows, a fenced yard with a combination of chain-link and wood fencing, and exterior parking spaces accessible from the alley. Conveniently located near public transportation with easy access to I-90/I-94 and downtown Chicago. Tenant pays Peoples Gas and ComEd; landlord pays water, sewer, garbage, and lawn care. Property is being sold strictly AS-IS. Portfolio Opportunity! Three tenant-occupied properties are available for purchase individually or as a package. All tenants are currently on month-to-month leases. Properties include: 1233 W. 73rd Place, Chicago, IL 60636-4137; 1647 W. 59th Street, Chicago, IL 60636-1754; and 6037 & 6039 S. Wood Street, Chicago, IL 60636-2201.

Location

State IL

County Cook

Community Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Rooms

Basement Finished, Partial

Interior

Interior Features Replacement Windows

Heating Natural Gas, Forced Air

Cooling None

Flooring Wood

Fireplace Y

Appliance Range, Refrigerator

Laundry Gas Dryer Hookup, In Unit

Exterior

View Y/N true

Roof Type Asphalt

Building

Lot Description Level

Story Split Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Brick,Frame

New Construction false

Schools

Elementary Schools O'Toole Elementary School

Middle Schools O'Toole Elementary School

High Schools John Hope College Preparatory Se

School District 299, 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Olga Vega

Managing Broker | License ID: RB14047917

+1(219) 588-9494

Olga Vega

1647 W 59TH ST Chicago, IL 60636

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

1647 W 59TH ST

Free Account Required