South side 2 flats for sale in Chicago

Compared to last year, home prices in South Side Chicago were down at least 0.82% and selling for a median price of $241,000. On an average basis, South Side homes generally sell after at least 27 days while being on the market compared to that of 28 days last year. 

South Side 2 flats for sale are also proving to be a great investment even with a competitive market.

The South Side housing market is somewhat competitive as the average home will sell for about 1% below the list price. Other properties can sell 2% above the list price. All this depends on a few factors including the location, and the condition of the property.

The South side 2 flats for sale market in Chicago: What Does It Look Like?

A broad area of the South Side neighborhood that ranges from Wolf Lake and almost to the Midway Airport has been generating a ton of heat and attention within the housing market this past year.

In comparison to the north side, only four neighborhoods met the same standards that the housing market in South Side did.

More homes on the South end of Chicago have been selling at a much higher median price and within less time in comparison to other neighborhoods.

Learn What to Expect When You Search for South Side 2 Flats for Sale in Chicago

Two-flat and three-flat properties are buildings that feature two or three apartment units per floor. Keep in mind that the assembly and the production costs for a 3-flat in South Side Chicago will usually run about $1,000,000—which is about $335,000 per unit.

While a two flat would run around $250,000 or you could think of it as 2500 square feet for smaller buildings. This does not include the land that would be associated with the build.

If you are in the market for a two or three flat in the Southside of Chicago, you should know that the median list price for most properties is around $415,000.

How to Sell Your Home in South Side Chicago

If you are looking for a way to sell your property in Souths Side Chicago, then look no further. At URB we’ve been buying houses for cash since 1986. We offer the most efficient and stress-free way for Chicago’s Southside homeowners and potential buyers to sell or buy properties.

What does this mean exactly? It means that you don’t have to spend any time or money on cleaning, showings, or dealing with repairs. We take all that out of the equation for you and not only that, we handle all the paperwork, closing costs and we provide a fast turnaround with closing that usually happens within one week.

One of the most convenient things that people that use our services love, is that you can count on a completely fair cash offer, and no, the offer will not change before closing. We know that property owners don’t like surprises and neither do we.

Regardless of what your situation might be, whether you’re falling behind on mortgage payments, have inherited a real estate property, don’t want to deal with problem tenants, or you’re experiencing code violations, we help with it all.

The Process

How easy is the process to sell your home in the South Side of Chicago? Well, it’s as simple as reaching out to our team and allowing us to have a look at your property and then we take the next steps towards a quick closing.

Here’s a more in-depth look at the process; you will chat with one of our property buying specialists or you could use our fair cash offer form and we will reach out to you. Then we will have a look at your property and work towards making you a quick offer.

You will usually receive this offer in cash by the next day, if not the same day that we look at your property. After you accept our offer, we take care of all the rest. It’s that easy.

We Buy and We Sell

If you’re looking to flip houses in the Southside of Chicago, you will like that we not only buy homes but we sell them as well. No matter the reason that you want to take on a property, we make purchasing Properties for Sale in Chicago as simple as possible.

We strive to make owning a home for the first time or even the second time as attainable for our customers as we can. We also work to make sure that you can have an opportunity to get the best-priced rental property or even flip projects. Considering investing in a multi-unit rental property? We do have multi-unit buildings for sale as well.

With us, you have the option to buy multi-unit buildings for low money down and with very affordable monthly payments. Don’t forget the value in buying distressed, foreclosed, or boarded-up old homes throughout Southside Chicago.

These are often great potential rental units and your investment can grow within rental neighborhoods, especially since rent has been increasing over the past ten years.

Finding The Right Properties

We have many properties for sale that you could choose from including foreclosed or distressed homes, two to four flat properties, abandoned homes, as well as income and rehab properties.

Whether you’re looking to sell a property, search for South Side 2 flats for sale, or buy a property such as a fixer-upper in South Side Chicago; we provide you with everything that you need to get your foot into the marketplace.

We provide you with reasons that you should buy cheap property in the South Side area. We walk you through the different types of properties that we have for sale.

Also, we’ll discuss, how to sell your house for cash and go over what the process looks like for buying homes that are already gutted. You’re not alone in the process, which is why our customers love our services.

Get Started With Us

Finding affordable property within the proximity of downtown Chicago, Millennium Park, and all the activities throughout South Chicago’s neighborhoods, you are already looking at a great return on your investment. Allow us to get you started on the right track and find you the perfect property for your needs.