$295,000
2257 S Sacramento Avenue
Chicago, IL, 60623
A MUST-SEE all-brick corner gem in the heart of vibrant Little Village “La Villita”. This property is a Blank Canvas awaiting a visionary househacker, or savvy investor. Zoned Residential RT-4, no city violations, and sitting on a 31.1×70.25 lot. SOLD AS-IS. 2 legal units (2 bedroom in rear 1st floor and 2nd floor space needs to be partitioned) It holds tremendous potential to be converted back into a 4-unit multi-family building, perhaps 3 units or just update current configuration, the possibilities are endless – a perfect opportunity to build equity while contributing to the neighborhood’s growth. This beauty is sitting on a solid foundation, ready to be brought to its maximum potential. The front half of first floor and entire second floor are currently used as open space (1 bedroom/office in 2nd floor), offering flexibility in how you choose to divide and design these levels. Entire building currently generating rental income and tenants willing to stay if the opportunity is given. The property also boasts a massive basement with high ceilings and thick walls, built to last – a great space for additional storage, expansion, or even future development. Whether you’re looking to reimagine the interior layout, update the infrastructure, or add modern finishes, the possibilities are endless. For the househacker, this project is a dream come true – live in one of the units while collecting rent from the other units, offering both affordable living and an income-generating property. This is a rare chance to not only create your own space but to help beautify and revitalize the neighborhood. With its prime location in a rapidly developing area, and easy access to public transportation, local shops, restaurants, and parks, this Little Village gem is primed for transformation. Plus, it’s a chance to contribute to the much-needed affordable housing options in this community. Don’t miss out on this exciting opportunity – bring your ideas, roll up your sleeves, and make a lasting impact in this up-and-coming neighborhood, it deserves it!
Property Details
Price:
$295,000
MLS #:
MRD12297547
Status:
Active Under Contract
Beds:
3
Baths:
2
Address:
2257 S Sacramento Avenue
Type:
Multi Family
Neighborhood:
CHI – South Lawndale
City:
Chicago
Listed Date:
Feb 24, 2025
State:
IL
ZIP:
60623
Year Built:
1904
Schools
School District:
299
Interior
Heating
Steam, Radiator(s)
Exterior
Architectural Style
Brownstone
Community Features
Sidewalks, Street Lights, Street Paved
Roof
Flat
Financial
Tax Year
2022
Taxes
$4,644
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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2257 S Sacramento Avenue
Chicago, IL
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