9942 S Vincennes Avenue

Longwood Manor, Chicago, IL 60643

Attention Investors & Savvy Owner Occupants! Discover the potential of 9442 S Vincennes, a sprawling 2-flat offering an impressive 7 bedrooms and 3 bathrooms.Situated on a generous 4,356 square foot lot with the bonus of 2 separate pins, this property presents a rare investment opportunity. Each spacious unit within this apartment is complemented by forced air heating and central air for year-round comfort. The first-floor unit, requiring some TLC, features an expansive layout with 5 bedrooms, 1.5 bath, and dedicated living, dining, kitchen and in-unit laundry. The current tenant is transitioning out, paving the way for a seamless update. The second-floor unit exudes charm and meticulous care, offering 2 beds, 2 baths, additional flex space and in-unit laundry. Creative use of the living area as a bedroom and a bedroom as an extensive walk-in closet. Investors will appreciate the extensive improvements made in 2016, including a gut rehab with updates to all major mechanicals. Notable enhancements include a newer furnace (#1-2016 / #2 unknown), AC units (2016 & 2023), and water heaters (2016 & 2023), ensuring low maintenance costs. The property boasts new roofing on both the pitched and flat areas (2022), some new windows (2016), tuckpointing (2018) and a freshly rebuilt Catch Basin (2022); The large, unfinished basement with overhead sewer and newer sump pump (2022) adds potential for further expansion with interior access from Unit 1. Plus, the oversized garage provides ample storage or parking for three cars. Sold AS-IS, with the exclusion of the 2nd-floor tenant's washer and dryer. This property may not be suitable for FHA or VA financing - Buyers & Agents should do their due diligence. With its significant lot size and thoughtful updates this can be a great addition to any portfolio - bring your vision to maximize its profitability. 72 Hours notice required. DO NOT DISTURB TENANTS!!

This is an Pending listing.

Broker Office Phone Number: 312-836-4263

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