1710 W Waseca Place

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Address: 1710 W Waseca Pl, Chicago, IL 60643, USA
Chicago & Midwest + Apartment Buildings
Created date: August 27, 2026
Date last updated: October 5, 2026
Price: $130,000Investment Analyzer NEW!

Property Description

Stop paying rent and let a tenant subsidize your mortgage. This solid 2-unit Morgan Park property offers the ideal house-hacking setup: live in one unit while collecting steady rental income from the second. Both apartments showcase original hardwood floors, sun-drenched rooms, classic radiator heat, and private access to the multi-level back deck. Nestled in a quiet, tree-lined neighborhood with rapid downtown commute access via the nearby Metra Rock Island line and I-57, this home offers classic Chicago character paired with unmatched financial flexibility. OR High-yield multi-family investment opportunity in high-demand Morgan Park. This vacant 2-unit building is primed for cosmetic updates to maximize market rents and force equity immediately. Key structural fundamentals are already intact, including separated electrical service panels, solid subfloors, and classic radiator heating infrastructure. Situated adjacent to major transit lines, this location commands consistent tenant demand and minimal vacancy rates.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $130,000
Year Built: 1918
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 1710 W Waseca Place, Chicago, IL 60643, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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