Whether you are buying Chicago, IL real estate for sale or selling Chicago real estate it is likely that you have come across 2 flat building for sale in Chicago’s Southside and Chicago’s Westside neighborhoods.
A two-flat building in Chicago is a residential property, often a red-brick apartment building that shares a common front entrance with residences on both levels of the two-story building. 2-flat Chicago apartment buildings for sale in Chicago’s South side were commonly built from the 1890s to the early 1900s as a surge of immigrants found their way to Chicago’s stockyards and railroad industries. For many people 2-flat apartment buildings were a way for middle-class people to earn a passive income by living on the first floor and renting our the second story flat.
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2 flat building for sale rental properties
2 flat rental properties are also commonly used to house additional family members gaining a reputation as a mother-in-law suite.
Even today, over a hundred years later, 2-flat properties are used the same way often being touted as the foundation of Chicago’s historic real estate market.
While red-brick 2-flat buildings for sale in Chicago’s South side are most commonly associated with 2-flats, these buildings do come in a variety of shapes and styles dating back to the Gothic Victorian two-flats of the 1880s, to statuesque Greystones for sale, and wood frame two flat houses that were either originally built as a 2-flat building or renovated from a large single family home into a 2-flat building for sale in Chicago’s Southside and Westside neighborhoods, sometimes adding an additional 3rd studio rental unit on the second story.
URB Chicago specializes in buying 2 flats for cash
We offer fast cash for your 2-flat building for sale in as is condition. We also pay fast cash for single-family homes for sale, vacant apartment buildings and lots for sale, and mixed use or commercial property for sale in Chicago, IL.
2 flat buildings for sale in Chicago’s southside and westside neighborhoods like Chatham, South Chicago, Back of the Yards, and other neighborhoods are a great way to earn a passive income. In addition to paying fast cash for 2-flat apartments buildings, URB Chicago also buys 2-flat buildings for sale in Chicago’s Southside and Westside neighborhoods. We offer owner financed 2-flats for sale with low money down and affordable monthly payments. Our owner financing contract for deed agreements are great for fix and flip rehabbers, and people with low income and bad credit.
Contact URB Chicago today to buy or sell 2-flat buildings for sale in Chicago’s Southside and Westside neighborhoods.