$125,000
3024 E Cheltenham Place
Chicago, IL, 60649
Calling All Investors! Rare opportunity to own a luxury 2-flat just steps from the Thrive Exchange development on Chicago’s South Side. Located just one block from Lake Michigan, this property sits in a rapidly appreciating area with strong rental and resale upside. Investment Highlights: Approved plans & permits in hand Opportunity to complete a high-end, income-producing asset Prime South Side location near major development Strong long-term appreciation potential Property Features: Soaring high ceilings, Large, open floor plans, Modern layouts with premium finish potential Designed for luxury living Unit 1: 3 Bedrooms, 2 Full Bathrooms. In-unit washer & dryer Unit 2: 2 Bedrooms, 2 Full Bathrooms, In-unit washer & dryer This is an ideal opportunity for investors seeking to complete a luxury build in a high-demand neighborhood with significant rental income potential. Photos and approved permit/plans attached. Additional details available upon request. ARV: $375,000
Property Details
Price:
$125,000
MLS #:
MRD12569078
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Neighborhood:
chisouthshore
Listed Date:
Feb 26, 2026
Year Built:
1910
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
Off Alley, Yes
Parking Spots
2
Parking Total
2
Roof
Rubber, Flat
Financial
Tax Year
2024
Taxes
$2,391
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Apr 08, 2026
1,337
Multi Family Listed
82
Avg DOM
$506,746
Avg List Price
Community
- Address3024 E Cheltenham Place Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
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Property Summary
- 3024 E Cheltenham Place Chicago IL is a Multi Family for sale in Chicago, IL, 60649. It is listed for $125,000 To schedule a showing of MLS#mrd12569078 at 3024 E Cheltenham Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
3024 E Cheltenham Place
Chicago, IL
