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About This Home

This 4-bedroom, 2-bathroom residential multi family at 554 E 103rd Place in Chicago, IL is listed for $349,900. Built in 1917, on a 0.08 acres lot.

Agent Description

Turnkey, income-producing two-flat with value-add potential! This well-maintained property features two spacious units, each offering 2 bedrooms and 1 full bath. Both units are currently tenant-occupied-providing consistent rental income from day one.

Second floor unit Housing Choice Voucher approved. Great opportunity for a new owner to maintain current tenants or secure new ones based on their investment strategy. The unfinished basement presents a prime opportunity to further enhance value-ideal for storage income, or future finished space to maximize revenue with separate entry and exit doors.

Perfect for investors seeking a cash-flowing asset with upside, or owner-occupants looking to house hack while building equity. Situated on a quiet street with long-term, stable residents, this property offers both reliability and strong rental appeal.

Conveniently located near shopping, dining, and transportation, making it attractive to tenants and future occupants alike. Low operating expenses with room to increase rent and maximize NOI. A solid opportunity for both new and seasoned investors looking for stability with upside.

Key Features

  • Built in 1917
  • 0.08 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1917

Monthly Cost Estimate

$1,871/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,516
Insurance$102

Estimates only. Actual payments may vary.

Location

554 E 103rd Place

Chicago, IL 60628

Property Details

Construction

Brick

Parking

Garage

Heating

Natural GasRadiant

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 554 E 103rd Place is listed at $349,900. The estimated monthly payment is $1,516 based on 20% down at 6.5% interest.

Key features include: Built in 1917, 0.08 acre lot, 2 parking spaces.

This property is listed by Louise Hill and can be reached at (708) 398-6400 or vonlou22000@yahoo.com.

LH

Louise Hill

Agent at Century 21 Circle

(708) 398-6400

Listed by Century 21 Circle · View on Broker Site

MLS# 12622159· Source: listhub· Updated 39 days ago

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554 E 103rd Place, Chicago, IL 60628

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