2258 S Whipple Street
Chicago, IL, 60623
$249,000
Beds
0 Baths
0 SqFt
0 Acres
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$249,000
2258 S Whipple Street
Chicago, IL, 60623
MLS #MRD12786562 image #0MLS #MRD12786562 image #1MLS #MRD12786562 image #2MLS #MRD12786562 image #3MLS #MRD12786562 image #4MLS #MRD12786562 image #5MLS #MRD12786562 image #6MLS #MRD12786562 image #7MLS #MRD12786562 image #8MLS #MRD12786562 image #9MLS #MRD12786562 image #10MLS #MRD12786562 image #11MLS #MRD12786562 image #12MLS #MRD12786562 image #13MLS #MRD12786562 image #14MLS #MRD12786562 image #15MLS #MRD12786562 image #16MLS #MRD12786562 image #17MLS #MRD12786562 image #18MLS #MRD12786562 image #19MLS #MRD12786562 image #20MLS #MRD12786562 image #21MLS #MRD12786562 image #22MLS #MRD12786562 image #23MLS #MRD12786562 image #24MLS #MRD12786562 image #25MLS #MRD12786562 image #26
Attention investors, developers and experienced rehabbers! Unique masonry multifamily property offering exceptional space, multiple living areas and substantial value-add potential at an attractive new price. The existing configuration includes two 2-bedroom/1-bath living areas and one 3-bedroom/1-bath living area, along with a full finished attic spanning the building. The attic currently features four rooms configured as bedrooms, a living area, recreational space, a bathroom and storage, offering significant potential for future renovation or reconfiguration. The first floor also includes a large former storefront/bar space, an additional flex room, office/bedroom and a bathroom. A detached brick two-car garage provides additional parking and storage. With its masonry construction, multiple residential areas, full finished attic, former commercial space and detached garage, this property presents a unique opportunity for an investor looking for a substantial Chicago rehab, redevelopment or repositioning project. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The legal unit count and permitted uses have not been verified. Be sure to review the floor plans to fully appreciate the size, layout and potential of this property. Property is being sold AS-IS and is subject to an active City of Chicago building court case and recorded Lis Pendens. Buyers should review applicable records and independently verify legal unit count, permitted uses and future renovation plans.

Property Details

Price:
$249,000
MLS #:
MRD12786562
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chisouthlawndale
Listed Date:
Oct 15, 2026
Total Sq Ft:
3,828
Year Built:
1893
Chi – South LawndaleChisouthlawndale

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$2,638
Tax Year
2025
Taxes
$2,024
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Property Summary

    2258 S Whipple Street Chicago IL is a Commercial for sale in Chicago, IL, 60623. It is listed for $249,000 To schedule a showing of MLS#mrd12786562 at 2258 S Whipple Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
2258 S Whipple Street
Chicago, IL