Cash-Flow Opportunity! Turnkey Rental Investment with an established tenant already in place. This tenant-occupied investment property is leased on a month-to-month basis, with the buyer to assume the tenancy and honor all tenant rights. Current rent is $1,480 per month, providing immediate rental income from day one. This split-level home features 4 bedrooms and 1.5 baths, including 3 bedrooms and a full bath on the upper level, a spacious living room, dining area, and kitchen on the main level, and a lower level with a 4th bedroom, half bath, family/bonus room, and utility room combined with a laundry area and shower stall. Hardwood flooring extends throughout the main and upper levels, while the lower level features ceramic tile flooring. Additional improvements include an updated full bath (2025), stove (2025), refrigerator (2023), gas forced-air furnace (2023), steel security door (2024), replacement of the west and south side siding (2019), and several newer windows, including two on the west side and the large north-facing picture window. The property also offers double-pane windows, a fenced yard with a combination of chain-link and wood fencing, and exterior parking spaces accessible from the alley. Conveniently located near public transportation with easy access to I-90/I-94 and downtown Chicago. Tenant pays Peoples Gas and ComEd; landlord pays water, sewer, garbage, and lawn care. Property is being sold strictly AS-IS. Portfolio Opportunity! Three tenant-occupied properties are available for purchase individually or as a package. All tenants are currently on month-to-month leases. Properties include: 1233 W. 73rd Place, Chicago, IL 60636-4137; 1647 W. 59th Street, Chicago, IL 60636-1754; and 6037 & 6039 S. Wood Street, Chicago, IL 60636-2201.
Property Details
Price:
$140,000
MLS #:
MRD12670558
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Neighborhood:
chiwestenglewood
Listed Date:
Jun 6, 2026
Finished Sq Ft:
969
Year Built:
1971
See this Listing
Schools
School District:
299
Elementary School:
O’Toole Elementary School
Middle School:
O’Toole Elementary School
High School:
John Hope College Preparatory Se
Interior
Appliances
Range, Refrigerator
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Flooring
Wood
Heating
Natural Gas, Forced Air
Interior Features
Replacement Windows
Laundry Features
Gas Dryer Hookup, In Unit
Levels
Bi-Level
Exterior
Architectural Style
Bi-Level
Community Features
Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick, Frame
Fencing
Fenced, Chain Link
Lot Features
Level
Other Structures
None
Parking Features
Asphalt, Off Alley, Alley Access, Yes, Owned
Parking Spots
2
Parking Total
2
Roof
Asphalt
Window Features
Screens, Double Pane Windows
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$1,648
Map
Community
- Address1647 W 59TH Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60636
Market Summary
Current real estate data for Single Family in Chicago as of Jun 17, 2026
2,738
Single Family Listed
67
Avg DOM
237
Avg $ / SqFt
$588,481
Avg List Price
Property Summary
- 1647 W 59TH Street Chicago IL is a Single Family for sale in Chicago, IL, 60636. It is listed for $140,000 and features 4 beds, 2 baths, and has approximately 969 square feet of living space, and was originally constructed in 1971. The current price per square foot is $144. The average price per square foot for Single Family listings in Chicago is $237. The average listing price for Single Family in Chicago is $588,481.
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Copyright 2026. All rights reserved.
1647 W 59TH Street
Chicago, IL


