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  • $350,000

    2053 N Bingham St, Chicago, IL 60647

    4beds
    --sqft
    Multi Family
    Built in 1897
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $3,368 Estimated rent

    What's special

    Welcome to the thriving neighborhood of Logan Square! We present to you an exceptional opportunity to own a charming 2-Flat, which could possibly be converted to a 4-flat or even a single family in this up-and-coming area, perfect for investors and savvy homebuyers looking to make their mark. This property boasts immense potential and is eagerly awaiting a complete remodel to unleash its full splendor. Property Highlights: Ideal Location: Situated in the heart of Logan Square, this property benefits from all the perks of city living. Enjoy easy access to trendy cafes, restaurants, boutique shops, and a vibrant arts scene that makes this neighborhood so sought after. Two-Flat Beauty: This traditional Chicago-style 2-Flat offers versatility and income-generating possibilities. With two separate units, you have the option to live in one and rent out the other, generating a passive income to help with mortgage expenses. Endless Potential: This property is a blank canvas, waiting for your creative touch to transform it into a modern urban oasis. From reimagining the interior layout to updating the facade, the possibilities are limited only by your imagination. Income-Producing: Already a fantastic investment, this property could provide a steady stream of revenue from rental units. With the increasing popularity of Logan Square, the rental demand is expected to rise, making this property a smart long-term investment. Vacant Lot Adjacent: Included with the property is a vacant lot right next door. Let your vision and ambition drive you to unlock the full potential of this valuable addition with possibility of parking lot or garage. Rapidly Growing Neighborhood: Logan Square has been steadily rising as a favored destination for young professionals, artists, and families. Its strong sense of community, great restaurant scene, and excellent transportation options make it an appealing location for prospective tenants and buyers alike. Investment in the Future: As an up-and-coming neighborhood, Logan Square offers the chance to invest in a rapidly growing market with promising appreciation potential. Take advantage of this opportunity to secure a prime piece of real estate in a highly desirable location. If you are a visionary investor or a homebuyer looking for an exciting project, this 2-Flat in Logan Square is the perfect canvas for your dreams. Don't miss out on this chance to be a part of the neighborhood's flourishing story. Embrace the potential, reimagine the spaces, and enjoy the rewards of owning a piece of Chicago's dynamic real estate market. Act now and seize the opportunity! The single-family could possibly be converted into a 3-4 flat, vacant lot improved with a parking lot or garage. Buyers should verify with the Chicago zoning map and the city. The seller makes no representations that such improvements would be permissible.

    Zillow last checked: 7 hours ago

    Listing updated: October 16, 2023 at 10:37am

    Listing courtesy of:

    Kari Edwards 630-550-8854,

    Keller Williams Inspire - Geneva,

    Rudolph Johnson 630-201-4130,

    Keller Williams Inspire - Geneva

    Bought with:

    Kashif Hussain

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 11838148MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Full

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Lot
    • Size: 3,200 sqft
    • Dimensions: 40 X 80
    Details
    • Has additional parcels: Yes
    • Parcel number: 13362300700000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1897

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    Services availability
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