7625 S Sangamon Street Chicago IL 60620 MLS #MRD12507895

Attention investors, flippers, and owner-occupants! Here’s your chance to acquire a solid two-flat with a duplexed first-floor unit and build instant equity. The spacious first-floor duplex offers five bedrooms and two full baths, remodeled about ten years ago. Unit upstairs is a 3 bedroom 1 bath. The property needs some repairs, TLC and cosmetic updates, but many big-ticket items have already been completed about 10 years ago including updated electric and copper plumbing, vinyl double-hung windows, glass block basement windows, separate utilities, and gas-forced air (GFA) furnaces with central AC meaning each unit has its own heating and cooling systems, ideal for separate tenant utility payments. Additional features include a rear porch built to code, security bars throughout, and recent complete tuckpointing. Property has a designated common area laundry room set up. Perfect for a rehab loan or value-add project, this property offers endless potential -live in one unit while you renovate the other or flip it for profit. Located in the up-and-coming Auburn Gresham neighborhood, one of Chicago’s INVEST South/West priority communities, and near the 79th Street Corridor Plan, this area is seeing major investment and redevelopment with new mixed-use and retail projects on the rise. Don’t miss this chance to invest in a growing community and unlock this property’s full potential!