Accepting Backups
3024 Cheltenham Place
Chicago, IL 60649
$125,000 ▼ $10,000 from $135,000
5beds
4baths
—sqft
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About this home
Calling All Investors! Rare opportunity to own a luxury 2-flat just steps from the Thrive Exchange development on Chicago's South Side. Located just one block from Lake Michigan, this property sits in a rapidly appreciating area with strong rental and resale upside. Investment Highlights: Approved plans & permits in hand Opportunity to complete a high-end, income-producing asset Prime South Side location near major development Strong long-term appreciation potential Property Features: Soaring high ceilings, Large, open floor plans, Modern layouts with premium finish potential Designed for luxury living Unit 1: 3 Bedrooms, 2 Full Bathrooms. In-unit washer & dryer Unit 2: 2 Bedrooms, 2 Full Bathrooms, In-unit washer & dryer This is an ideal opportunity for investors seeking to complete a luxury build in a high-demand neighborhood with significant rental income potential. Photos and approved permit/plans attached. Additional details available upon request. ARV: $375,000
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1910
Lot size—
Annual tax$2,390.77
CountyCook
MLS #MRD12569078
Days on market50
Features
Heating
Natural Gas
Parking
Off AlleyYes
Construction
Brick
Sewer
Public Sewer
Listed by
Blue Door Dave Inc
Shavon Mitchell · 917-405-8229
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/16/2026, 6:19:03 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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