Live In Your Own Rental Building in West Town

Smart Life Investment

Did you know that you can actually live in your real estate investment property?

Owning a rental property and living in it can be an excellent way to reduce your monthly mortgage payment outlay, while building home equity for your future. And, you can even do it as a first-time home buyer, if you plan ahead. The key is to purchase a home with 2-units, 3-units, or 4-units -- none more, and none less.

Homes with 2-4 units can be financed as residential mortgages, which means you get access to "regular" mortgage rates; and properties can be purchased no matter if you're currently renting a home or owning one.

You'll also get access to larger loan sizes because loan limits for multi-unit homes are higher than for 1-unit properties.

Take a look at some of the 2 - 4 flats listed in West Town Community of Chicago. Contact our local neighborhood experts with any questions. 

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$629,999
 

871 North Mozart Street, Chicago

5 Beds,
Check out this IMMACULATE 2 flat bordering Ukrainian Village, Humboldt Park, Logan Square and Wicker Park. Walking distance to restaurants/bars, shopping, CTA and Metra transportation. Updated kitchens, bathrooms, hardwood floors, carpet. INCOME INCOME INCOME Rent either the 2 bedrooms on 1st floor or the duplex up level with 3 bedrooms. This property will definitely help pay the mortgage.
New
$969,000
 

1416 North Greenview Avenue, Chicago

7 Beds,
LOCATION LOCATION AMAZING OPPORTUNITY TO OWN A PART OF BOOMING WEST TOWN Large brick 3 unit building tip-top condition, BRAND NEW ROOF & 2 NEW ELECTRICAL PANELS! Amazing location with easy access to the blue line, expressway, & 606 Trail. Fabulous property includes 2 units in the main building plus separate coach house. 2nd unit is duplexed up w/ 2 bedrooms, 2 baths, dramatic. Duplex unit features a hip open airy loft style with a NEW
New
$499,000
 

1619 West Hubbard Street, Chicago

6 Beds,
Owner occupied 2 flat building, both w/2-bedrooms, 1 bath. Needs updating, great potential for income. Walk to transportation, shops & restaurants. Rehab and rent, building will be vacant at closing. First floor tenant could stay mo. to mo. Showings one day a week.
New
$650,000
 

836 North Maplewood Avenue, Chicago

8 Beds,
What you've been waiting for in West Town near Ukrainian Village Area! Brick 3 FLAT with Great Potential for Investor or Live-In owner to make improvements and live off the rents! All units feature Formal Living room & Dining Room, High ceilings, Beautiful original wood work with Coffered Ceilings & Built in Hutches, Hardwood Floors, Separate utilities, and Clean Enclosed Porches. You'll love the Original Stained Glass Transient window
New
$565,000
 

1845 West Erie Street, Chicago

4 Beds,
Charming, Delightful Two Flat in HOT HOT WEST TOWN! Spacious, Light-Filled, Updated and Available Just For You! 1st unit features a roomy living room/dining room combo with plenty of sunlight courtesy of large bay windows, all-stainless kitchen with backsplash, generous laundry room, two bedrooms and a full bath. 2nd floor is appointed with an open family room, two bedrooms and a full bath with washer/dryer. Both levels lead to the amazing
New
$869,000
 

1052 North Leavitt Street, Chicago

7 Beds,
FANTASTIC Ukrainian Village location! IN walking distance to Division Street restaurants and entertainment. This Multiunit has it all with two upgraded units and a bright garden unit. Perfect for a live-in investor, Air BNB or Rentals! NEW two car garage built in 2018. Beautiful finishes throughout, with central AC! Building features SS appliances, granite, white cabinetry, classic and timeless finishes. Managed business with live in property
$599,000
 

1508 North Fairfield Avenue, Chicago

9 Beds, 3 Baths,
Easily bring the beauty to this magnificent Humboldt Park 3 Flat. If you're reading this you already know the location is exactly where you want to be right now. Being just south of North Ave and not too far from all of the little shops and restaurants the area has to offer. Whether it is for yourself or an investment property with a nice rehab this gray-stone building is a gem!
$600,000
 

N/A, Chicago

12 Beds, 4 Baths,
STOP LOOK NO FURTHER!! - COMPLETELY RENTED - INSTANT INCOME! This 4-Flat units each offers 3 Bedrooms, 1 Bath, Living/dining room combined, eat-in Kitchen, high ceilings, wood flooring and back porch room for storage. Detached garage that allows space for 2 vehicles, back patio. You really do not want to miss out on this property. Call schedule a showing and make an offer.
$400,000
 

2347 West Huron Street, Chicago

7 Beds,
Attention investors & builders! Oversized lot situated in prime West Town location. Zoned RS-3. Sold as-is.
$669,000
 

1506 North Elston Avenue, Chicago

3 Beds,
In the nexus of Chicago's most desired neighborhoods, blocks from Wicker Park, Bucktown, North & Clybourn, Lincoln Yards, and UK Village. In the middle of it all with unique privacy. Quintessential, turn-of-the-century, Chicago brick, cottage-style two unit building. Beautiful exposed brick and natural light impart a loft feel on both units. Main level duplex-up features an oversized two bedroom/two bath, with hardwood throughout and two
$599,000
 

2605-07 West Chicago Avenue, Chicago

6 Beds,
Hot West Ukrainian Village/Smith Park Classic Brick 3 Flat on extra-wide 27 x 124 lot! Perfect for value-add, armchair investor or owner-occupant. C1-2 zoning with grandfathered first floor residential for potential to expand or ground-up development down the road. Currently functioning well as a turnkey property with all month-to-month tenants, there is additional value with a full, un-finished basement for a potential duplex down, current low
$850,000
 

2501 West Walton Street, Chicago

7 Beds,
Store converted into fantastic owner's duplex-up in excellent West Uk Village/West Town location! - Ideal for that client that wants interesting! different! unique! with style! Huge brick building on sunny corner. The store has original metal high ceiling and walls in near perfect condition. Dramatic and full of light and volume. Beautiful woodwork all over the place. There are three bedrooms and a den/office up with hall bath and master bath.
$699,000
 

1459 North Paulina Street, Chicago

6 Beds,
This beautiful 3 unit building is desirably located steps from all the shopping, dining and green space that Bucktown has to offer. Behind the building find three convenient parking spaces as well as back decks for 2nd floor and 1st floor units. The spacious 3 bed, 1 bath owner's unit is on the second floor and was rehabbed in 2014. First impression is of a gorgeous, light filled living space with high vaulted ceiling complete with skylights.
$849,900
 

1248 North Wood Street, Chicago

7 Beds, 3 Baths,
Beautiful 3-flat in the heart of Wicker Park/Bucktown. Rents way below market in as-is condition. Currently grossing $60,000/year and with cosmetic updates to the units (new kitchens, bathrooms, add in-unit laundry) potential to gross $95,000+/year. Building was updated in 2003 but units need updating. Good layouts, kitchens have dishwashers, two outdoor parking spaces in the back. Potential to duplex down first floor unit. A+ location near
$575,000
 

1429 North Campbell Avenue, Chicago

4 Beds,
Perfect West Bucktown Investment/House Hacking Opportunity! Building consists of freshly updated 2BR/1BR first floor unit, 2BR/2BA owner's duplex up with in-unit laundry, and non-conforming garden unit in need of cosmetic updating and appliances. Hardwood floors recently stained, fresh paint throughout, and lighting fixtures updated. Brand new coin laundry machines for first floor unit. Spacious backyard with two parking spaces in rear.
$749,500
 

2337 West Cortez Street, Chicago

6 Beds,
WOW!! Amazing Brick 2 Flat on an extra wide lot!! Great Chicago location! Historical Ukrainian Village! close to Division Street in the heart of Wicker Park! Come and Cash flow right away!! Super large units apx 1300sq! Perfect for Investment or families! Huge Units, Features 3bedrooms and 1 baths, great living area, large kitchen, beautiful living & dining room.full basement.All tenants pays their own gas and electric! Home has been well
$624,500
 

851 North Mozart Street, Chicago

6 Beds,
WALK TO IT ALL FROM THIS RECENTLY RENOVATED UKRAINIAN LEGAL 3-FLAT ON OVERSIZED 25X127 LOT STEPS FROM AWARD WINNING RESTAURANTS ON CHICAGO AVENUE AND THE CALIFORNIA CORRIDOR, METRA & SMITH PARK; 3X 2 BED 1 BATH APTS W/ WHITE SHAKER CABINETS, STAINLESS STEEL APPLIANCES & QUARTZ COUNTERTOP KITCHENS; UPDATED BATHROOMS W/ PORCELAIN TILES, TUB/SHOWER COMBO & VANITIES W/ STONE COUNTERTOPS; CENTRAL HEAT IN ALL THREE APTS AND CAN EASILY ADD
$775,000
 

911 North Mozart Street, Chicago

4 Beds,
BEAUTIFUL HUMBOLDT PARK INVESTMENT BUILDING + ADJACENT SIDE LOT WITH A 2 CAR GARAGE AND 2 PARING SPACES (911 and 913 N. Mozart) IN BOOMING AREA. ALL SEPARATE HVAC/CA+UTILITIES. WINDOWS, ELECTRIC, PLUMBING, (COPPER), ALL RE-DONE IN 2008. DECK AND TWO CAR GARAGE PLUS 2 ADDITIONAL SPACES. SMITH PARK TO THE SOUTH, HUMBOLDT PARK TO THE NORTH. ROOTSTOCK WINE BAR, CALIFORNIA CLIPPER, AND CC FERNS, DARK MATTER COFFEE ALL WITHIN BLOCKS.
$709,900
 

1450 North Talman Street, Chicago

5 Beds, 2½ Baths,
You want a single family home but want an additional income? Well this beautiful two flat gives you the single family feeling on a two flat. Currently used as an Airbnb this house is a money maker!!! Walk to everything ! restaurants, festivals, Wicker Park, Logan square, the new Bloomingdale trail!! Beautiful duplex filled with light and colors! three large bedrooms with laundry unit great yard plus a large deck right off the kitchen. Stainless
$400,000
 

2738 West Potomac Avenue, Chicago

6 Beds, 2 Baths,
Don't miss this opportunity to own a 2-unit greystone in prime Humboldt Park location. Spacious 3 bedroom/1 bath units. Full unfinished basement. Fenced yard. Two car garage. Building needs renovation. Estate sale. Sold as is. Great potential.
$699,000
 

2234 West Cortez Avenue, Chicago

6 Beds, 2 Baths,
Very well kept 2 Flat in desirable Ukranian Village. Lots of vintage details! Large 3/4 bedroom units. Enclosed porch adds extra square footage. Recent updates include roof 2016, some new windows over the last 3 years. Main floor updated 1 1/2 years ago. Top floor updated 5 years ago. Full basement. Stainless Steel appliances on main floor. Typical Unit Size Sun Room 13x9. Living Room 15x13. Bed 12x9. Bed 14x9. Kit 13x11. Bed or Dining room
$510,000
 

1933 West Race Avenue, Chicago

6 Beds, 3½ Baths,
Legal two unit building plus a couch house. This could be a great investment. Live in one unit and rent the rest to pay the mortgage . Close to public transportation, stores, downtown, and more to offer.
$747,000
 

1458 West Chestnut Street, Chicago

5 Beds, 2 Baths,
Extra Deep, 4 Unit Building + 1 Lower Level Bonus Unit & Coach House! 5 Total Units. 4 Unit Financing Potential. Flexible Investor & Owner Occupant Opportunities! Keep as a Cash Cow with 5 Units rented. Outstanding Air BNB Potential. Duplex up or down. Single Family with Income Producing Coach House. Owner Occupy and Live for Free! Condo Conversion Potential. 3 Units in Front Building with 2 Bed + Den and In-Unit Laundry. 2 Units in
$605,000
 

1509 West Ohio Street, Chicago

6 Beds, 3 Baths,
WEST TOWN GREAT ON QUIET STREET. GREAT UPDATED 2 FLAT WITH SEPARATE HEAT AND A/C PLUS WASHER & DRYER IN EACH UNIT. OWNERS UNIT HAS BEEN OPENED UP AND MADE INTO 1ST FLOOR 1 BEDROOM WITH DEN OR COULD BE 2ND BEDRM . SPIRIAL STAIRCASE TO MASTER BEDROOM WITH BATH LARGE CLOSET AND DEN . SPACE OPEN FROM DINING ROOM TO KITCHEN VERY UNIQUE OPEN CONCEPT. LARGE DECK OFF KITCHEN FOR OUTSIDE ENTERTAINING GOES TO BACKYARD AND 2 CAR GARAGE. LOWER
$795,000
 

909 North Campbell Avenue, Chicago

9 Beds,
$535,000
 

1337 North Wicker Park Avenue, Chicago

3 Beds,
Stunning, solid brick, two-flat in the heart of Wicker Park! Great investment opportunity for owner occupied Airbnb property or rental property. Unit 1 is a 2-bed, 1-bath spacious floor plan that was updated in 2018. New plumbing and electrical (piping and conduit); kitchen has new custom cabinetry, stone countertops & appliances; bathroom updates include new tile flooring, vanity, toilet, can lighting with ventilation, and walk-in shower.
$629,000
 

2609 West Chicago Avenue, Chicago

6 Beds,
WEST TOWN/UKRANIAN VILLAGE 3-FLAT AVAILABLE - Lovingly maintained by current owners for 50+ yrs. All units have 2 BR/1BA, and are rent or rehab ready. Huge Unfinished basement with old school Chicago, basement bar,(*Cubs Collection is available for sale, just ask). Quiet on the inside. True 3 Flat leaves many rehab options. XL Garage can fit 4 cars (tandem parking) and still offer additional storage. Close to everything: parks, expressway,
$545,000
 

2229 West Huron Street, Chicago

3 Beds,
Opportunity to build new in hot Ukrainian Village. Attention DEVELOPERS newly re-zoned to RT4, eligible for new construction up to 4,300sq ft as a single family home or up to 3 units duplex down, simplex and duplex up to maximize investment. Newly updated first floor apartment, with washer/dryer, new water heater and appliances, exposed duct-work throughout with central air. Second floor in need of some tlc, 2 car garage with party door,
$925,000
 

824 North California Avenue, Chicago

8 Beds, 4 Baths,
LOCATION LOCATION LOCATION COME AND VIEW THIS AMAZING PROPERTY LOCATED IN ONE OF THE MOST DESIRED AREAS NEAR DOWNTOWN CHICAGO AND ALL THE AMENITIES THAT THE CITY HAS TO OFFER. GREAT LOCATION TO ALL THE PUBLIC TRANSPORTATION.
Reduced
$775,000
 

1452 North Fairfield Avenue, Chicago

11 Beds,
Solid brick 4 unit East Humbolt Park money maker. Large units which have been updated with individual gas forced heat and water. 1500+ square foot units which have been well maintained.
$736,342
 

1744 West Le Moyne Street, Chicago

4 Beds, 3 Baths,
Beautiful and Spacious 2 unit in the Heart of Wicker Park, Rehabbed in 2010 this property features a Large Duplex up 2 bedroom/ 2 Bath. Open floor plan with Cathedral ceilings, beautiful fireplace, spacious dining area & granite counter tops in the kitchen, huge Jacuzzi bath, and an ample master bedroom, with a huge walkout deck. First floor features 2 bedrooms/1 bath the 2 car garage has a 2nd level with many recent upgrades, it can be
$1,000,000
 

2116 West Haddon Avenue, Chicago

6 Beds,
Location, Location, location!!! Either investment opportunity or owner occupied. 3 units apartment building in a super hot Wicker Park area. Fully rented and totally remodeled. New roof, plumbing, and tuck pointing. All units have new kitchens with SS appliances, their own washer and dryer, and separate utilities.Hardwood floors throughout. Easy access to Blue Line CTA and expressway. One block away from Division and Damen intersection offering
$980,000
 

1524 North Hoyne Avenue, Chicago

THIS IS A STUNNING MULTI UNIT ON A JUMBO LOT 36 BY 151. THIS PROPERTY IS ZONED RT4 ON AN HISTORICAL LANDMARK STREET BRING YOUR DEVELOPERS!!!! HOT RARE WICKER PARK OPPORTUNITY.AS IS .
$999,000
 

1350 West Augusta Boulevard, Chicago

6 Beds, 6½ Baths,
Breathtaking brick three flat in desirable Noble Square. Minutes from 90/94 and the Division Blue Line, the capacious 2BD/2.1BA (duplex down) and two 2BD/2BA units are always in high demand. Each unit boasts brick fireplaces, hardwood floors, central HVAC, in-unit w/d, and substantial sunlight. Current rents total $5800 per month and have room for growth.
$799,000
 

2642 West Haddon Avenue, Chicago

8 Beds,
Super Hot Ukrainian Village and California Corridor! Turnkey 3 unit building. Freshly Rehabbed in 2014. Espresso shaker cabinets, granite counters, stainless appliances, dishwasher, garbage disposal, in unit laundry. Large bathrooms with porcelain tiles. Tear off roof 2014. New high efficiency furnaces and A/C. Very high ceilings on garden apartment. Large back decks built completely new in 2014! Huge parking pad has enough room for 6 cars(3
$625,000
 

1228 West Race Avenue, Chicago

6 Beds, 3 Baths,
Excellent opportunity for the savvy investor to score this fixer-upper in booming West Town! Property needs a lot of work and is being sold as-is, but has great bones and plenty of potential. Bring your contractor and creative ideas and transform this 3 flat into a money-maker. Brand new roof. Property can accommodate 3 units each featuring 2 bed 2 baths.
$999,000
 

1719 West Huron Street, Chicago

9 Beds,
GREAT OPPORTUNITY IN EAST VILLAGE! BRICK 3 FLAT WITH FULL BASEMENT. 3 FORCE AIR HEAT AND CENTRAL AIR CONDITIONER. TENANTS PAY FOR ALL UTILITIES. 2 CAR GARAGE
$530,000
 

N/A, Chicago

4 Beds, 2 Baths,
**AMAZING DEVELOPMENT OPPORTUNITY IN AWESOME LOCATION** Nestled among trendy neighborhoods this property is waiting for your redevelopment: gut rehab or tear down. Being sold "as-is". Fenced yard with 2-car garage. Be a part of this dynamic neighborhood with nearby schools, shopping and great restaurants. Within walking distance of public transportation, fast access to 90/94 expressway and minutes from Chicago Downtown. DON'T PASS UP
$799,000
 

2428 West Erie Street, Chicago

6 Beds,
$589,900
 

1234 West Huron Street, Chicago

4 Beds,
$399,000
 

1937 West Grand Avenue, Chicago

2 Beds,
TWO FLAT LOCATED ON THE LAST UNDEVELOPED STRETCH OF UK VILLAGE. ZONED M1-2. PRIME CANDIDATE FOR NEW CONSTRUCTION RETAIL/CONDOS OR JUST CONDOS. BUILDING NEEDS UPDATING. RENTS ARE UNDER MARKET. LEASES ARE MTM. BUNGALOW NEXT DOOR @ 1933 W GRAND MUST BE SOLD TOGETHER. DRIVE BY FIRST.
$600,000
 

723 North Willard Court, Chicago

5 Beds, 2 Baths,
Calling all SAVVY INVESTORS! This is a great gut rehab or tear down opportunity on a 24x100 lot located in terrific West Town neighborhood with new construction everywhere. 5 minute walk to Chicago blue line, easy access to the expressway, and close to Eckhart Park! Sold as is.
$600,000
 

1512 West Ohio Street, CHICAGO

7 Beds,
Attention Investors & Developers Great opportunity. Drive By only. Being " Sold as Is" Condition. Two buildings, 3 units on a 25 x 126 lot HOT EAST VILLAGE - WICKER PARK AREA. High-end new condos all around, Steps to Grand & Chicago Avenues fine dining restaurants, shopping and nightlife. Easy access to expressways pink and blue line. VERY MOTIVATED SELLER.
$605,000
 

1244 North Artesian Avenue, CHICAGO

6 Beds,
3 BR duplex apartment with two 2 BR units with a 1 BR unit on lower level. Laundry Room, Garage, Great Location, Fully Rented!
$539,900
 

2633 West Potomac Avenue, Chicago

6 Beds, 3 Baths,
Fully Rented all brick 3 unit building on quiet street. All units are 2 bed, 1 bath with south facing back decks. Building has laundry and storage in basement, large back yard and detached 2 car garage. All unit have individual furnaces and hot water heaters.
$969,000
 

1416 North Greenview Avenue, Chicago

7 Beds,
LOCATION LOCATION AMAZING OPPORTUNITY TO OWN A PART OF BOOMING WEST TOWN Large brick 3 unit building tip-top condition, BRAND NEW ROOF & 2 NEW ELECTRICAL PANELS! Amazing location with easy access to the blue line, expressway, & 606 Trail. Fabulous property includes 2 units in the main building plus separate coach house. 2nd unit is duplexed up w/ 2 bedrooms, 2 baths, dramatic. Duplex unit features a hip open airy loft style with a NEW
$597,000
 

1813 West Augusta Boulevard, Chicago

5 Beds,
West Town / East Village Opportunity! Investors and/or owners occupants!. Apartments with 2 full bathrooms with renovated kitchens, granite countertops. Separate living rooms and dinning room. Floors are: hardwood, laminated, ceramic. Central A/C. All utilities separated. Walking distance to Division St. & Chicago Ave. shops and restaurants. Fast access to 90/94 expressway and Chicago downtown. RT-4 Zoning.
$350,000
 

1306 North Maplewood Avenue, CHICAGO

4 Beds, 2 Baths,
Multi-unit needs work - being sold as is.

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