2 Flats for Sale in Chicago
This is the most abundant type of property in the city of Chicago, made up of mostly grey stone and brick buildings. Perfect for first time landlords or the casual owner occupier, two unit multi-family properties are a great way to get started in your realty career. It’s ideal for the live-in owner to have a side source of income with a renter to help pay the mortgage.
- A Fannie Mae mortgage or a conventional 30-year mortgage is the best way to make getting into property ownership easy and affordable.
- Put as little as 3.5% down using a Fannie Mae mortgage, and in some areas as little as 5% down using a conventional mortgage loan