2055 N Bingham Street, Chicago, Cook County, IL, 60647 Chicago IL US

USD 400,000
For Sale MLS: 11838184

Property Details

Bedrooms

2

Bathrooms

1

Neighborhood

Palmer Square

Property Type

Lots And Land

Description

Welcome to the thriving neighborhood of Logan Square! We present to you an exceptional opportunity to own a charming 2-Flat 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 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 currently generates income, providing 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. This presents a unique opportunity for expansion, further development, or the creation of additional income-generating units. Let your vision and ambition drive you to unlock the full potential of this valuable addition. Rapidly Growing Neighborhood: Logan Square has been steadily rising as a favored destination for young professionals, artists, and families. Its strong sense of community, lush parks, 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! Find out more about this property. Request details here

Location

Address

2055 North Bingham Street, Chicago, Illinois 60647, United States

City

Chicago

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