$519,900
 $2,791 est/mo Sourced by Back At You

2514 W 55th Street,Chicago, IL 60632

Chicago, IL 60632

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Description

CASH FLOWING LEGAL 2-UNIT BRICK BUILDING offering strong rental potential and additional finished basement living space currently generating income. Buyers should perform their own due diligence regarding the basement use. THREE CITY LOTS WIDE, this unique property provides an expansive yard, a PRIVATE DRIVEWAY WITH DUAL ENTRY, and a BRICK 2-CAR GARAGE-features that are hard to find with multi-unit properties. Located directly across the street from Gage Park, you'll enjoy beautiful green space, recreational amenities, and a convenient location with easy access to major streets and public transportation. Whether you're an investor seeking solid income potential or an owner-occupant looking to house hack, this property offers exceptional value, generous outdoor space, and a prime location. Don't miss this rare opportunity!

Details

MLS #12716947
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1924
Days On Site40
Listing Provided ByGolden Enterprise Realty Inc | Ricardo Lucio

Features

Bed(s)6
Bath(s)3
Garage2
BasementY
ZoningMULTI
Acreage0.22

Interior

Rooms Total20
HeatingForced Air

Exterior

RoofAsphalt
Foundation DetailsConcrete Perimeter
Lot FeaturesCommon Grounds, Level
Construction MaterialsBrick
FencingFenced

Parking

Parking FeaturesYes, Garage Owned, Detached, Unassigned, Driveway, Enclosed, Garage Faces Front, Oversized, Garage Faces Side, Garage
Garage Spaces2

Utilities

SewerPublic Sewer

Location

Community FeaturesPark, Street Lights

Taxes

Tax Year2024
Tax Annual Amount5863.13

Area Information

StateIL
CountyCook
CityChicago
Zip Code60632
AreaCHI Gage Park
Listing VS Median (in 60632)
Price:
$519,900
low | high
Med:
$315,000
89.411425274091% of Average
On site:
40
low | high
Med:
12
100% of Average
Sourced by Back At You

Market Activity 60632

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60632
AreaCHI Gage Park
Listing VS Median (in 60632)
Price:
$519,900
low | high
Med:
$315,000
89.411425274091% of Average
On site:
40
low | high
Med:
12
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $389K - $649K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
5347 S Maplewood Avenue Property Photo 1
$248,000
5347 S Maplewood Avenue
Chicago, IL 60632
5601 S Western Avenue Property Photo 1
$749,000
5601 S Western Avenue
Chicago, IL 60636
Listing Updated: August 3, 2026 at 5:07:58 PM PDT
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