Income-Producing Two-Flat with Value-Add
554 E 103rd Place, Chicago, IL 60628
- Added:
- Apr 23, 2026
- Days on Market:
- 29
- Last Refresh:
- May 21 at 5:06 pm
Property Features for 554 E 103rd Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Basement
- Parking
- 2
- Parking features
- Garage
- Basement
- Unfinished, Full
- Standard status
- Active
- APN
- 25152030190000
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1097
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Natural Gas
Building Details
- Year built
- 1917
- Building materials
- Brick
- Roof type
- Asphalt
Listing agent Louise Hill (708) 398-6400
Listing office Century 21 Circle 15812 S. Wolf Road, Oak Lawn, IL (708) 361-0800
Listing date Apr 23, 2026
MLS# 12622159
Listing URL
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HighLights
- Turnkey, income‑producing two‑flat with consistent rental income from day one.
- Value‑add potential through unfinished basement, ideal for storage income or future finished space with separate entry/exit.
- Second floor unit is Housing Choice Voucher approved.
- Convenient location near shopping, dining, and transportation.
- Low operating expenses with room to increase rent and maximize NOI.
- Each unit features 2 bedrooms and 1 full bath.
Overview
This well-maintained two-flat property features two spacious units, each with 2 bedrooms and 1 full bath. Both units are currently tenant-occupied, providing consistent rental income. The second-floor unit is Housing Choice Voucher approved. This presents an opportunity for a new owner to maintain current tenants or secure new ones based on their investment strategy. The unfinished basement offers a prime opportunity to further enhance value, ideal for storage income, or future finished space to maximize revenue with separate entry and exit doors. This property is suited for investors seeking a cash-flowing asset with upside, or owner-occupants looking to house hack while building equity. Situated on a quiet street with long-term, stable residents, this property offers both reliability and strong rental appeal. Conveniently located near shopping, dining, and transportation, making it attractive to tenants and future occupants. The property is located in Chicago, IL 60628, Cook County. The lot size is 0.08 acres. The zoning is MULTI. The property has low operating expenses with room to increase rent and maximize NOI, making it a solid opportunity for both new and seasoned investors looking for stability with upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.609179
- Latitude
- 41.706734
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey two-flat in Chicago with income and value-add potential.
Where is this duplex located?
The property is located at 554 E 103rd Place Chicago, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Turnkey, income‑producing two‑flat with consistent rental income from day one.; Value‑add potential through unfinished basement, ideal for storage income or future finished space with separate entry/exit.; Second floor unit is Housing Choice Voucher approved.
