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$ 269,900
Est. payment /mo
Active Under Contract
354 W Normal Pkwy Chicago, IL 60621
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12585071
Style Greystone
Bedrooms 6
Year Built 1888
Annual Tax Amount $218
Tax Year 2023
Lot Dimensions 7,866
Property Sub-Type Two to Four Units
Property Description
Attention investors and savvy buyers! This four-unit residential building at 354 W Normal Parkway in Chicago presents an outstanding opportunity to add value and build equity. This property offers tremendous upside for those willing to bring a little TLC and vision. 3 units are currently occupied with tenants on month-to-month leases, providing immediate income while allowing flexibility for future rent adjustments or renovations. The property is significantly under-rented, creating strong potential to increase cash flow after updates and repositioning on the market. With the right improvements, this building has the potential for a much higher ARV, making it an ideal project for investors looking to renovate, stabilize, and maximize returns. Whether you're planning a light refresh or a full value-add strategy, the upside here is undeniable. Located in Chicago's South Side near parks, transportation, and neighborhood amenities, this property benefits from strong rental demand and long-term investment potential. Property is Sold As-Is. Please call listing agent to arrange a private showing allowing 48 hrs notice and for any questions.
Location
State IL
County Cook
Area Chi - Englewood
Rooms
Basement Partially Finished, Full
Interior
Heating Radiant
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Carla Common of Better Homes & Gardens Real Estate
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