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1647 W 59th Street

Chicago, IL 60636
Mark as Favorite
Bed 4

Bed

Bath 2

Bath

SqFt969

Sqft

Acres0.07

Acre(Lot)

Cash-Flow Opportunity! Turnkey Rental Investment with an established tenant already in place. This tenant-occupied investment property is leased on a month-to-month basis, with the buyer to assume the tenancy and honor all tenant rights. Current rent is $1,480 per month, providing immediate rental income from day one. This split-level home features 4 bedrooms and 1.5 baths, including 3 bedrooms and a full bath on the upper level, a spacious living room, dining area, and kitchen on the main level, and a lower level with a 4th bedroom, half bath, family/bonus room, and utility room combined with a laundry area and shower stall. Hardwood flooring extends throughout the main and upper levels, while the lower level features ceramic tile flooring. Additional improvements include an updated full bath (2025), stove (2025), refrigerator (2023), gas forced-air furnace (2023), steel security door (2024), replacement of the west and south side siding (2019), and several newer windows, including two on the west side and the large north-facing picture window. The property also offers double-pane windows, a fenced yard with a combination of chain-link and wood fencing, and exterior parking spaces accessible from the alley. Conveniently located near public transportation 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 strictly AS-IS. Portfolio Opportunity! Three tenant-occupied properties are available for purchase individually or as a package. All tenants are currently on month-to-month leases. Properties include: 1233 W. 73rd Place, Chicago, IL 60636-4137; 1647 W. 59th Street, Chicago, IL 60636-1754; and 6037 & 6039 S. Wood Street, Chicago, IL 60636-2201.

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Detail Ic Property Details

Property Type : Residential

Price : $140,000

AD Id : 80511933

MLS Id : MRD12670558

Beds : 4

Lot Size : 0.07 Acre

Living Area Size : 969

Year Built : 1971

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 4 Room Types: No additional rooms

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 8

    Interior Features

    Replacement Windows Roof: Asphalt Appliances: Range, Refrigerator Laundry Features: Gas Dryer Hookup, In Unit

    Roofing Information

    Asphalt
  • Flooring Information

    Flooring: Wood Construction Materials: Vinyl Siding, Brick, Frame
  • Heating & Cooling

    Heating: Natural Gas, Forced Air Cooling: None WaterSource: Public

  • Building Information

    Year Built: 1971

  • Lot Information

    Lot Dimensions: 25 x 125 Lot Description: Level Lot Acres: 0.0717 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Style: Bi-Level Sub Type: Detached Single Type Detached: Split Level

  • Listing Price Information

    Original List Price:$140000

  • Tax Information

    Annual Tax: $1647.65 Tax Year: 2024 Parcel Number: 20184060050000 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Asphalt, Off Alley, Alley Access, Yes, Owned Is Parking Included in Price: Yes

    Homeowners Association Information

    Included Fees: None

  • School Information

    Elementary School: O'Toole Elementary School Junior High School: O'Toole Elementary School Senior High School: John Hope College Preparatory Se
  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Chicago Direction: North of W 63rd St; East of S Damen Ave; South of W Garfield Blvd.; West of S Ashland Ave; from S Ashland Ave turn West on W 59th St to address.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6432 S Honore Street, Chicago, IL, 60636 $70,000 2 1 740 740 SqFt
7357 S Marshfield Avenue, Chicago, IL, 60636 $259,000 3 1 --
6418 S Claremont Avenue, Chicago, IL, 60636 $305,000 5 2 1,648 1,648 SqFt
7219 S Wood Street, Chicago, IL, 60636 $189,900 3 2 990 990 SqFt
1643 W 59th Street, Chicago, IL, 60636 $214,900 4 2 1,595 1,595 SqFt
1401 W 72nd Street, Chicago, IL, 60636 $269,900 4 2 1,800 1,800 SqFt
1234 W 72nd Street, Chicago, IL, 60636 $275,000 5 2 1,402 1,402 SqFt
5730 S Hoyne Avenue, Chicago, IL, 60636 $64,990 3 1 735 735 SqFt
2102 W 68th Place, Chicago, IL, 60636 $269,900 4 2 1,400 1,400 SqFt
2252 W 71st Street, Chicago, IL, 60636 $329,911 3 2 5,125 5,125 SqFt
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ByOwner last updated this listing 06/10/2026 @ 18:20

MLS: MRED #12670558 LISTED BY: Mark Minorczyk, Keller Williams ONEChicago 312-216-2422 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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