$329,000
6947 S Rockwell Street
Chicago, IL, 60629
This meticulously maintained **FHA-approved** 2-unit building is perfect for an owner-occupant looking to live in one unit while generating rental income or an investor seeking a solid cash-flowing property. Each unit is **individually heated**, offering tenants convenience and efficiency. A **full finished garden unit** with its own **kitchen and full bathroom** provides an incredible opportunity for additional income, whether for a tenant or as an in-law arrangement. The building also features **on-site coin-operated laundry**, adding an extra revenue stream. The **spacious second-floor unit** has the potential to be **duplexed up** into the **huge attic space** with great ceiling height, offering even more possibilities for expansion and value appreciation. Located on a **quiet cul-de-sac**, this property sits on a well-maintained block that reflects the pride of homeownership in one of Chicago’s most **up-and-coming neighborhoods**. Residents will enjoy the **newer iron fence, parking slab, and beautifully green backyard**, creating the perfect balance of security and outdoor enjoyment. With **easy access to public transportation, shopping, and all the conveniences of city living**, this is a rare opportunity to own a property that offers both **immediate cash flow and long-term potential**. **Show and sell!** Being offered **as-is**, but move-in ready for the next owner to make it their own. Don’t miss out on this gem!
Property Details
Price:
$329,000
MLS #:
MRD12288779
Status:
Active Under Contract
Beds:
5
Baths:
3
Address:
6947 S Rockwell Street
Type:
Multi Family
Neighborhood:
CHI – Chicago Lawn
City:
Chicago
Listed Date:
Feb 11, 2025
State:
IL
ZIP:
60629
Year Built:
1926
Schools
School District:
299
Interior
Heating
Natural Gas, Radiant
Exterior
Parking Spots
2
Financial
Tax Year
2023
Taxes
$3,182
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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6947 S Rockwell Street
Chicago, IL
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