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$ 455,000
Est. payment /mo
New
4554 S WASHTENAW AVE Chicago, IL 60632
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12455867
Style Bungalow
Bedrooms 6
Year Built 1925
Annual Tax Amount $4,242
Tax Year 2023
Lot Dimensions 25 X 130
Property Sub-Type Two to Four Units
Property Description
Discover a turnkey 2-flat in the heart of Brighton Park, expertly updated to blend classic Chicago bungalow charm with modern functionality. Both units have been fully renovated with long-term durability and tenant appeal in mind, featuring updated kitchens, stainless steel appliances, all-new windows, and pristine hardwood floors throughout. The lower-level in-law unit offers flexible options for additional rental income, extended family living, or short-term leasing potential. The full, unfinished third level presents a true value-add opportunity, allowing for expansion or conversion to maximize returns. Outside, tenants will enjoy a fully fenced yard and a 2-car garage-adding convenience, security, and rental appeal. With existing long-term, month-to-month leases, the property provides immediate cash flow with flexibility for market-rate adjustments. Ideal for first-time investors or seasoned buyers seeking stable income and growth potential, 4554 S. Washtenaw Avenue combines turnkey living, flexible income opportunities, and a prime Brighton Park location-making it a must-see addition to any portfolio.
Location
State IL
County Cook
Area Chi - Brighton Park
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Equipment Sump Pump
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by George Spiropoulos • Compass