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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
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Status: Active (For Sale)
Type: Multi Family
Year Built: 1889
Bedrooms: 8
Bathrooms: 2
MLS ID: 12579737


Overview
Photos (47)
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2-Unit Investment Opportunity - Strong Upside Potential Well-maintained two-unit property with immediate income growth opportunity. Both units offer spacious layouts, making this an attractive rental property for long-term tenants. The first-floor unit features a flexible 4 bedroom layout. A long-term tenant with below-market rent is vacating, providing the ability to reset rent to current market rates and significantly improve cash flow. The second-floor unit offers 3 - 4 bedrooms and is currently vacant, allowing investors to immediately place a tenant at market rent or owner-occupy while generating income from the other unit. Each unit includes: In-unit laundry facilities, Separate newer HVAC, Brand-new water heaters, Additional updates include a newer roof, minimizing near-term capital expenses. With both units turning over, this property presents a rare opportunity to stabilize at full market rent from day one. Ideal for investors seeking a solid asset with upside potential, strong rental demand, and major mechanical updates already completed.

Courtesy Of: Golden Enterprise Realty Inc


Feature Highlights


  • Built Before 1978

General Features


List Date:
02/27/2026

Interior Features


Bedrooms Possible:
8
Rooms Total:
16

Exterior Features and Amenities


Lot Size Dimensions:
25 X 111

Financial


Days On Market:
29
Tax Annual Amount:
$2,879.36
Tax Year:
2022

Other Features


Elementary School District:
299
High School District:
299
Middle Or Junior School District:
299
Age:
100+ Years


Directions


47th Street to Union, South to property

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-04-10
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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