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Investment Opportunity with Immediate Rental Income! Tenant-occupied property with an established month-to-month tenant in place. Buyer must assume the existing tenancy and honor all tenant rights. Currently generating $1,950 per month in rental income, this property provides immediate cash flow from day one. This charming Cape Cod-style home features 4 bedrooms, 1 bathroom, a spacious upper-level living area, hardwood and wood laminate flooring, double-pane replacement windows, a full unfinished basement with exterior access, a large front deck, and a fenced backyard. Recent improvements include a high-efficiency furnace (2024), new rear stairs and landing (2025), and refrigerator (2022), while previous updates include newer vinyl siding, replacement windows, and the elevated front deck. Conveniently located near the Ashland/63rd Green Line Station, public transportation, major roadways, and with easy access to I-90/I-94 and downtown Chicago. Tenant pays Peoples Gas and ComEd; landlord pays water, sewer, garbage, and lawn care. Property is being sold AS-IS. Portfolio Opportunity! This property may be purchased individually or as part of a three-property investment portfolio. All properties are tenant-occupied with month-to-month leases and include 1233 W. 73rd Place, Chicago, IL 60636; 1647 W. 59th Street, Chicago, IL 60636; and 6037 S. Wood Street, Chicago, IL 60636.
| DAYS ON MARKET | 60 | LAST UPDATED | 7/27/2026 |
|---|---|---|---|
| YEAR BUILT | 1908 | COMMUNITY | CHI - West Englewood |
| COUNTY | Cook | STATUS | Conditional |
| PROPERTY TYPE(S) | Single Family |
| School District | John Hope College Preparatory Se |
|---|---|
| Elementary School | O'Toole Elementary School |
| Jr. High School | O'Toole Elementary School |
| High School | John Hope College Preparatory Se |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Range, Refrigerator |
| AREA | CHI - West Englewood |
| BASEMENT | Exterior Entry, Full, Unfinished, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 6203 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 25 x 124 |
| PARKING | Concrete, Alley Access |
| SEWER | Public Sewer |
| STYLE | Cape Cod |
| TAXES | 863.92 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams ONEChicago
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.