$399,000
PENDING

Estimated payment $2,384/month

Total Views 1,409
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • 3-minute walk to Pullman/111Th Street Station
  • 4-minute walk to Pullman (George) Park

About This Home

Multiple Offers Received. Highest and Best due Monday at 5PM. Please attach POF with offers. Final showing Monday 10AM-11AM. Incredible Investment Opportunity Near Historic Pullman! Located just steps from the vibrant and revitalized Pullman Historic District, this all-brick 6-unit + garden studio building is a rare find for savvy investors. All units are currently vacant, offering a clean slate for rehab and maximum rental income potential. Each of the six main units features 3 spacious bedrooms, central forced air heating and A/C, electrical breaker panels in each unit, newer windows and a generous layout. The landlord is only responsible for water, keeping ongoing expenses low. Property taxes are also attractively low, enhancing your return on investment. Tuckpointing completed about 5 years ago. The building sustained minor fire damage on the third-floor north unit, primarily affecting drywall and carpentry in the three northern units. The southern units require only minor copper plumbing repairs and are otherwise rent-ready - making it possible to phase renovations while generating income. Excellent location close to CTA and Metra stations, Palmer Park, shopping, and schools. The Pullman area continues to attract new development, including national retailers and historic tourism, creating long-term upside in property value and tenant demand. Don't miss this value-add gem in one of Chicago's most culturally rich and strategically positioned neighborhoods!

Listing Agent

Kazimierz Leja

Instavalue Realty Inc License #471021690 Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1920

Lot Details

  • 5,226 Sq Ft Lot
  • Lot Dimensions are 46x200

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 7 Units
  • Electric Expense $216

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Possible Use: Multi-Family
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 7
  • Ranges: 7
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 5
  • Room: 5
  • Room: 5

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 399000
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces,None On Site

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 46X200
  • Lot Size Sq Ft: 5226
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 8

Multi Family

  • ElectricExpense: 216
  • NumberOfUnitsTotal: 7
  • Expense Year: 2024
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 3094
  • Tax Year: 2022

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $399,000 +295.4% --
12/17/2018 12/17/18 Sold $100,900 -8.2% --
11/19/2018 11/19/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $109,900 +37.4% --
12/03/2015 12/03/15 Sold $80,000 -15.8% --
11/01/2015 11/01/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $95,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12150083

Midwest Real Estate Data (MRED)

APN: 25222030010000