4238 W Congress Parkway, Chicago IL 60624
Property Description
~ THE CASH COW!!!!! ~ INCOME-PRODUCING BRICK TWO-FLAT IN WEST GARFIELD PARK! Collect rent from day one with a long-term first-floor tenant who would love to stay, and put the vacant second-floor unit to work on your terms. This spacious brick two-flat features three bedrooms and one bath on each floor. The vacant unit gives the next owner the flexibility to move in, lease it out, or make updates before bringing it to market. Set on a residential block directly across from a neighborhood school, the property offers convenient access to public transportation, shopping, parks, and everyday amenities. Its classic brick exterior and spacious three-bedroom layouts make it a strong addition to an investment portfolio or an opportunity for an owner-occupant looking to offset expenses with rental income. The full unfinished basement is a standout feature with great possibilities. There's plenty of room to create dedicated storage, add laundry facilities, or explore finishing the space to add value. Investors may also explore separate utility metering and individual water heaters where feasible. Buyers should verify the feasibility of proposed improvements, utility changes, and future basement uses. Property is being sold AS-IS, subject to the existing tenancy. Buyer will assume responsibility for required City inspections, municipal compliance, property clean-out, and repairs. No survey or seller disclosures will be provided. Proof of funds or a lender preapproval letter must accompany all offers. Taxes will be prorated at 100%, and earnest money must be submitted in certified funds. Room counts, dimensions, lot size, and other property details are believed to be accurate but are not guaranteed. With rental income already in place and a vacant three-bedroom unit ready for your next move, this West Garfield Park two-flat gives you two ways to make the investment work for you.
Features & Information
Key Details
- List Price $304,900
- Property Taxes $324
- Year Built 1890
- Status New
- List Market Time 1
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,100/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires MTLY
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 1
- Appliances None
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
Exterior Features
-
Parking
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property I-290 To Kostner The Exit Street Will Be Congress Parkway. Congress Parkway West To Property.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 324
- Tax Year 2023
- Tax Exemptions Senior
- Parcel Identification Number 16152256320000
Listed by Monica Poland for RE/MAX 10 Lincoln Park | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/11/2026 4:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore West Garfield Park
Since being settled by Scandinavian and Irish immigrants in the 1870s, West Garfield Park has become a working-class neighborhood on the rise. Its convenience to downtown has attracted the interest of business-owners and residential developers, but as of now, the up-and-coming West Garfield Park is still an affordable option for first-time homebuyers, young working singles and families alike. Gradual modernization of housing is slowly giving this classic neighborhood a contemporary face-lift, although the majority of properties here are of the vintage persuasion, rather than new design. West Garfield Park is also embellished with a healthy assemblage of retailers and restaurateurs, not to mention a large number of educational academies that include a specialized charter school and college level institution.
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