Welcome to the thriving neighborhood of Logan Square! We present to you an exceptional opportunity to own a charming 2-Flat, which could possibly be converted to a 4-flat or even a single family in this up-and-coming area, perfect for investors and savvy homebuyers looking to make their mark. This property boasts immense potential and is eagerly awaiting a complete remodel to unleash its full splendor. Property Highlights: Ideal Location: Situated in the heart of Logan Square, this property benefits from all the perks of city living. Enjoy easy access to trendy cafes, restaurants, boutique shops, and a vibrant arts scene that makes this neighborhood so sought after. Two-Flat Beauty: This traditional Chicago-style 2-Flat offers versatility and income-generating possibilities. With two separate units, you have the option to live in one and rent out the other, generating a passive income to help with mortgage expenses. Endless Potential: This property is a blank canvas, waiting for your creative touch to transform it into a modern urban oasis. From reimagining the interior layout to updating the facade, the possibilities are limited only by your imagination. Income-Producing: Already a fantastic investment, this property could provide a steady stream of revenue from rental units. With the increasing popularity of Logan Square, the rental demand is expected to rise, making this property a smart long-term investment. Vacant Lot Adjacent: Included with the property is a vacant lot right next door. Let your vision and ambition drive you to unlock the full potential of this valuable addition with possibility of parking lot or garage. Rapidly Growing Neighborhood: Logan Square has been steadily rising as a favored destination for young professionals, artists, and families. Its strong sense of community, great restaurant scene, and excellent transportation options make it an appealing location for prospective tenants and buyers alike. Investment in the Future: As an up-and-coming neighborhood, Logan Square offers the chance to invest in a rapidly growing market with promising appreciation potential. Take advantage of this opportunity to secure a prime piece of real estate in a highly desirable location. If you are a visionary investor or a homebuyer looking for an exciting project, this 2-Flat in Logan Square is the perfect canvas for your dreams. Don't miss out on this chance to be a part of the neighborhood's flourishing story. Embrace the potential, reimagine the spaces, and enjoy the rewards of owning a piece of Chicago's dynamic real estate market. Act now and seize the opportunity! The single-family could possibly be converted into a 3-4 flat, vacant lot improved with a parking lot or garage. Buyers should verify with the Chicago zoning map and the city. The seller makes no representations that such improvements would be permissible.

Property Details

PRICE
$400,000
BEDROOMS
4
BATHROOMS
2
SQFT
N/A
YEAR BUILT
1897
PARKING SPOTS
1
MLS #
11838148
FULL ADDRESS
2053 2053 Bingham Street
CITY
Chicago, IL
ZIP
60647

Listing Details

Listing Office
Keller Williams Inspire - Geneva
Listing Agent
Kari Edwards
Contact
630-262-9500
Last Data Update
2023-10-16T17:39:35Z

Interior

BATHROOMS
2 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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