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4421 W Adams Street Chicago, IL 60624 Multi Unit - Multiple New

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Description

Attention investors and rehabbers-this 2-unit property in West Garfield Park is a prime value-add opportunity ready for a full renovation. Featuring 5 bedrooms and 2 bathrooms, this property is completely gutted and ideal for a full redesign to maximize layout, finishes, and long-term returns. Full rehab needed, making this a true blank slate for experienced investors. Unfinished basement offers additional storage or potential for added value. Exterior includes a rear concrete parking pad for off-street parking (no garage). Strong upside potential based on nearby renovated properties, offering attractive after-repair value (ARV) once completed. Ideal for a long-term rental strategy, with potential for solid cash flow after stabilization. Suitable for investors looking to create a 2-unit income-producing property. Conveniently located near I-290, public transportation, and within close proximity to downtown Chicago. Property is being sold AS-IS, WHERE-IS. Seller will make no repairs. Cash, rehab, or hard money financing only.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 2
County: Cook
Listed By:
Coldwell Banker Realty 708-424-4000
MRED MLS
$195,000
Est. $1,306/mo
5beds
2baths
New to the Market New
BEDS5 BATHS2 full MLS#12635384
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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4421 W Adams Street , Chicago, IL 60624.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $195,000$195,000$195,000
Down Payment $39,000$6,825$48,750
Monthly Mortgage Amount $935$1,148$1,205
Taxes $271$271$271
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$86$0
Monthly Estimated Total $1,306$1,605$1,576

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