2244 S. Spaulding is a vintage six (6) unit walk-up located in Chicago's historic Little Village neighborhood. Once named "the Mexico of the Midwest" by the Washington Post, Little Village thrives on its unique individuality and is also home to some of Chicago's best and most famous Taquerias. The property is tucked away on a quiet, tree-lined street just one (1) block from Cermak Rd. and Kedzie Ave, which both feature an abundance of public transit and retail options. Furthermore, the property conveniently sits roughly three (3) blocks from the 26th Street shopping corridor, which is the second-busiest shopping district in Chicago after the Magnificent Mile. 2244 S. Spaulding has a unique layout made up of six (6) total units, one of which is an entire coach house in the rear of the property. In its current configuration, there are two (2) 3b/1ba units, and four (4) 2b/1ba. All of which, however, are incredibly spacious and atypically large for the area. All of the units have hardwood flooring throughout, in-unit furnaces or space heaters and water tanks, as well as open kitchens equipped with dishwashers. 2244 S. Spaulding presents an investor with a rare opportunity to acquire a strong cash-flowing asset in Chicago's Little Village, while also embodying numerous value-add components. In its current configuration, a new owner will capitalize on a 6.09% cap rate. Through improved leasing and raising rents to market rate levels, a new owner has the ability to achieve an 8.44% cap rate. Should a new owner decide to add a unit in the attic, or increase the bedroom count, these returns can be even further improved.