2921 S Bonfield St, Chicago, IL, 60608

About This Home

Exceptional value-add opportunity in Bridgeport! This legal 3-unit building with a non-conforming 4th unit offers significant upside for experienced investors, rehabber, and savvy house hackers. Located within walking distance to grocery stores and the Orange Line, the property provides convenient access to downtown and surrounding neighborhoods an ideal setup for future tenants. Some of the units need updating and are ideal for buyers looking to add value over time. Units 2F and 1R are currently rented for $1,100/month, while Unit 2R rents for $1,200/month. Unit 1F is currently vacant and was previously rented for $1,100/month. With cosmetic updates and improvements, there is clear value-add potential to increase rents and overall income over time. Great opportunity for a house hacker or DIY landlord looking to build sweat equity and create long-term upside. With the right vision, this property can be transformed into a strong income-producing asset. Sold as-is. Conventional and construction loans (203k) welcomed. Motivated Seller!