Back of the Yards Real Estate

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Newest Listings in Back of the Yards

$210,000

12783414 MLS

Grand opportunity to own or lease a One-Story Neighborhood Store with a Full Basement for Business and Storage use. Zoning as B3-1 and settled on a great location along the 51st. Street corridor, near the Hermitage Ave. and 51st. St. intersection. Walking distance to Square Park. Per IDOT: 12,700 is the average daily traffic count. Gutted and ready for build-out. Some of the advanced work includes: New showcase windows, 3 completed bathrooms and an enclosed iron gate in the rear parking space. The Main floor has an open space of 22' x 56" with 2 finished bathrooms, utility closet, a separate room with storage area in the back for easy access from the 2-car parking space. The Full Basement comes with a finished bathroom, 2 stairways and an independent entry. Monthly lease is $1,900.

1738 W 51St Street, Chicago

$315,000

3 Beds ⋅ 2 Baths ⋅ 12783071 MLS

1709 W 43Rd Street, Chicago

$419,900

11 Beds ⋅ 4 Baths ⋅ 12778779 MLS

Huge Four Unit (3410 SQ FT) with additional lot offers a Great investment opportunity! Approximate lot size 50 x 123 with two separate Pins! 2R offers 6 Rooms with 4 bedrooms while 1R offers 5 Rooms with 3 Bedrooms. Both front units are 4 Room 2 Bedroom Units! Separate Gas and Electric Meters! All four units have separate GFA Furnaces (all furnaces are under 10yrs!). Whether you are an Investor looking for strong upside rent potential or an owner occupant look to live in one unit and collect 3 rents this property offers excellent potential. Tear off Roof approximately 14 years. All replacement windows! Newer front and rear doors. Full walk up Attic. Extra lot fully fenced.

4319 S Paulina Street, Chicago

$125,000

7 Beds ⋅ 2 Baths ⋅ 12781456 MLS

Investor Special - Bring Your Best Offer! An incredible investment opportunity awaits in Chicago's vibrant New City neighborhood. This multi-unit property offers strong potential for the right investor willing to take on a renovation project. The building features a spacious second-floor unit with 4 bedrooms and 1 bathroom, as well as a generous first-floor unit with 3 bedrooms and 1 bathroom. A full unfinished basement provides additional storage and future possibilities. Property requires extensive repairs and is being sold as-is. There are existing City of Chicago violations, and buyers are strongly encouraged to conduct their own due diligence. The property is tenant occupied. Located in an area experiencing ongoing revitalization and supported by a strong rental market, this property presents significant upside for investors, rehabbers, or landlords looking to add value. All offers are welcome and subject to short sale/foreclosure approval. 24-hour notice required for all showings. Don't miss this chance to unlock the potential of this income-producing property in a growing Chicago neighborhood.

5320 S Carpenter Street, Chicago

$399,900

4 Beds ⋅ 2 Baths ⋅ 12779271 MLS

**LIVE IN ONE, RENT THE OTHER - AN EXCEPTIONAL 2-UNIT INVESTMENT OPPORTUNITY! Why settle for an ordinary property when you can own a beautifully transformed, income-producing investment with the major work already done? Welcome to an extensively GUT-REHABBED BRICK 2-UNIT property offering the perfect combination of modern finishes, substantial infrastructure improvements, & long-term investment potential! Completely transformed through an extensive renovation from 2023-2026, this property was remodeled with CITY OF CHICAGO-APPROVED ARCHITECTURAL PLANS & PERMITS! Per seller, All required inspections have been successfully passed, including ELECTRICAL, PLUMBING, HVAC, & NEW CONSTRUCTION, with work completed in accordance with applicable Chicago Construction Codes. BOTH UNITS showcase BRAND-NEW KITCHENS featuring beautiful white cabinetry, elegant QUARTZ COUNTERTOPS, & BRAND-NEW STAINLESS STEEL APPLIANCES (2026), complemented by stylish gray vinyl flooring, renovated bathrooms with ceramic tile finishes, modern lighting, & new interior doors. The TRUE VALUE goes far beyond the finishes! Major improvements include a NEW ROOF (2023), NEW WINDOWS (2024), COMPLETELY NEW ELECTRICAL WIRING & PLUMBING THROUGHOUT (2026), NEW UNDERGROUND PLUMBING & DRAIN TILES (2024), NEW SOFFITS, FASCIA & GUTTERS (2024), and TWO CENTRAL AIR CONDITIONING CONDENSERS (2025)! Each unit features its OWN ELECTRICAL PANEL, along with TWO SEPARATE GAS METERS and a dedicated electrical panel for common areas. Step outside to enjoy the FRESHLY PAINTED FRONT PORCH and TWO FRESHLY PAINTED REAR PORCHES, one for each unit! And THERE'S MORE! The property offers a SPACIOUS, FULL UNFINISHED BASEMENT, providing an exciting blank canvas for the next owner's vision! Whether you envision additional storage, a workshop, hobby space, or future improvements tailored to your needs, the basement offers flexibility and potential for further customization, subject to applicable permits and approvals. For investors, this means acquiring a property with extensive capital improvements already completed & the opportunity to focus on rental income rather than taking on a major renovation from day one. For owner-occupants, imagine enjoying a beautifully renovated home while rental income from the second unit helps towards YOUR MONTHLY MORTGAGE! LOCATION ADDS EVEN MORE VALUE! Conveniently located near neighborhood schools, Cornell Square Park, Sherman Park, grocery stores, shopping, local restaurants, and everyday essentials, with access to CTA transportation and major expressways including I-90/94, connecting you to downtown Chicago and surrounding suburbs. Whether you're growing your investment portfolio or beginning your homeownership journey, this property offers an outstanding opportunity to build equity and invest in your future! THE MAJOR WORK HAS BEEN DONE - NOW IT'S YOUR TURN TO ENJOY THE BENEFITS! Schedule your private showing today!**

5409 S Paulina Street, Chicago

$245,000

4 Beds ⋅ 2 Baths ⋅ 12781220 MLS

Motivated Seller! 2 flat features large apartments, 4 bedrooms, 2 bathrooms including a full, unfinished basement with 4 parking spaces. Perfect for an owner occupied buyer, or investor looking for cash flow. For an owner occupied buyer this building would be cheaper than paying rent since the income covers a portion of the mortgage and expenses.

4942 S Racine Avenue, Chicago

$529,900

8 Beds ⋅ 3 Baths ⋅ 12779283 MLS

Beautiful Fully Rehabbed 2-Flat with Coach House - Exceptional Investment or Owner-Occupant Opportunity! Welcome to this beautifully renovated 2-flat with a separate coach house, offering an incredible opportunity for investors or owner-occupants looking to live in one unit while generating rental income from the others. The main building features two spacious units, each offering 3 bedrooms and 1 full bathroom. The basement is framed out and ready to be finished and a possible 4th unit if the buyer chooses to. The coach house features 2 bedrooms and 1 full bathroom, providing additional living space and excellent income potential. This property has been thoughtfully rehabbed from top to bottom with modern finishes and major improvements throughout. Updates include new electrical, plumbing, HVAC systems, fixtures, beautifully updated kitchens and bathrooms, and much more. The renovations provide the comfort and style of modern living while making this property truly move-in ready. Conveniently located approximately 5-7 minutes from I-94, with easy access to the CTA Red Line, bus transportation, shopping, dining, and everyday conveniences, making commuting throughout the city a breeze. Whether you're looking to expand your investment portfolio, generate multiple streams of rental income, or live in one unit while the others help with your housing expenses, this property offers outstanding versatility and potential. A rare opportunity and an absolute MUST-SEE for any serious investor or owner-occupant! CENTRAL AIR WILL ONLY BE INSTALLED IN THE MAIN BUILDING! APPLIANCES WILL BE INSTALLED AT CLOSING!!! QUALIFIES FOR THE COOK COUNTY LAND BANK GRANT FOR UP TO 20K or up to 25k using a preferred lender - see private remarks

5419 S Aberdeen Street, Chicago

$545,000

7 Beds ⋅ 4 Baths ⋅ 12779155 MLS

Welcome to 5144 S Hermitage Ave, a fully rehabbed, all-brick 3-unit multifamily investment property in Chicago. 2 units are rented; 1 vacant at listing time. Features include separate in-unit furnaces and water heaters, new plumbing throughout, updated kitchens and baths, and newer electrical service. Tenants are responsible for separate gas and electric; a property management company is in place. One unit may be available for an owner-occupant at this time. Sold AS IS

5144 S Hermitage Avenue, Chicago

$10,000

12778881 MLS

Opportunity in New City! This vacant lot is zoned M1-1. This location is ideal for development, Block Clubs, and Community Gardens in a rapidly developing community. Get in while you can! This property is sold subject to Bankruptcy Court Approval. Buyers, do your due diligence. Lot dimensions are estimates. Zoning and Lot Dimensions are derived from the City of Chicago Zoning and Land use Map. CASH FOR DEED. No Title. No Survey. Buyer must use the Offer Contract found in the Additional Information section on MLS.

611 W 51St Street, Chicago

$549,000

12778522 MLS

Excellent investment opportunity in the New City area! This mixed-use property offers strong income potential with 8 residential units plus 1 storefront, providing multiple streams of revenue. The building features a desirable unit mix, including two 4-bedroom units, one 5-bedroom unit, one 3-bedroom unit, and four 2-bedroom units, appealing to a wide range of tenants. Most apartments have been updated, and each unit is equipped with separate heat and electric, helping to reduce owner expenses and simplify management. The storefront is currently vacant, creating a great opportunity for an owner-user to start a business or lease for additional income. The property is well-maintained and currently occupied by long-term tenants, with rents below market value, offering significant upside potential for increased cash flow. No leases in place provide added flexibility for future plans. Conveniently located near major streets, public transportation, and local amenities. A solid opportunity for investors looking to build equity and maximize returns in a growing area. *FULL UNFINISHED BASEMENT*

4400-4402 S Honore Street, Chicago

$549,000

12778506 MLS

4400-4402 S Honore Streets, Chicago

$30,000

12777793 MLS

Opportunity to own a vacant residential lot in Chicago with the flexibility to build and bring your vision to life. This property offers a great option for a future new-construction home or investment project. Conveniently situated near major streets, public transportation, neighborhood amenities, parks, schools, and everyday shopping, with access to other areas of the city. Whether you're a builder, investor, or future homeowner looking for land to develop, this lot offers plenty of potential. Drive by and explore the possibilities! Buyer to verify zoning, dimensions, permitted use, utilities, and building requirements with the City of Chicago.

5244 S Wood Street, Chicago

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