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About This Home

This 6-bedroom, 4-bathroom residential multi family at 354 W Normal Parkway in Chicago, IL is listed for $269,900. Built in 1888, on a N/A lot.

Agent Description

Attention investors and savvy buyers! This four-unit residential building at 354 W Normal Parkway in Chicago presents an outstanding opportunity to add value and build equity. This property offers tremendous upside for those willing to bring a little TLC and vision.

3 units are currently occupied with tenants on month-to-month leases, providing immediate income while allowing flexibility for future rent adjustments or renovations. The property is significantly under-rented, creating strong potential to increase cash flow after updates and repositioning on the market.

With the right improvements, this building has the potential for a much higher ARV, making it an ideal project for investors looking to renovate, stabilize, and maximize returns. Whether you're planning a light refresh or a full value-add strategy, the upside here is undeniable.

Located in Chicago's South Side near parks, transportation, and neighborhood amenities, this property benefits from strong rental demand and long-term investment potential. Property is Sold As-Is. Please call listing agent to arrange a private showing allowing 48 hrs notice and for any questions.

Key Features

  • Built in 1888
  • 2 parking spaces

Property Details

4 full
2 spaces
1888

Monthly Cost Estimate

$1,443/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

354 W Normal Parkway

Chicago, IL 60621

Property Details

Construction

Brick

Heating

Radiant

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 354 W Normal Parkway is listed at $269,900. The estimated monthly payment is $1,170 based on 20% down at 6.5% interest.

Key features include: Built in 1888, 2 parking spaces.

This property is listed by Carla Common and can be reached at (708) 295-6619 or carlacommonre@gmail.com.

CC

Carla Common

Agent at Better Homes & Gardens Real Estate

(708) 295-6619

Listed by Better Homes & Gardens Real Estate

MLS# 12585071· Source: listhub· Updated 37 days ago

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354 W Normal Parkway, Chicago, IL 60621

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