$258,000
$1K PRICE DROP

Estimated payment $2,138/month

Total Views 714
-- Beds
-- Baths
4,472 Sq Ft
$58 Price per Sq Ft

About This Home

Investor Special: 8-Unit Value-Add Opportunity in Chicago Unlock massive upside potential with this 8-unit multi-family property located in Chicago's Auburn Gresham neighborhood. Perfect for seasoned investors, rehabbers, and developers looking for a complete value-add project to maximize cash flow or equity. Convenient Location: Easy access to public transit, local neighborhood amenities, and quick connections to I-94 and I-57. Sold As-Is: Bring your contractor, architect, and vision to capitalize on this high-upside project. No Survey or termite provided by Seller. No repairs or repair credits made by Seller, conveyed with Special Warranty Deed and tax proration at 100%. Please submit all offers in writing with proof of funds and fully signed disclosures.

Listing Agent

Ryan Cherney

Circle One Realty Brokerage Phone: (630) 862-5181 License #471019427 Listed on: 08/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,579

Year Built

  • Built in 1919

Lot Details

  • 5,375 Sq Ft Lot
  • Lot Dimensions are 125x43
  • Corner Lot

Home Design

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

Interior Spaces

  • 4,472 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $300
  • Maintenance Expense $4,200
  • Manager Expense $2,400
  • Other Expense $200
  • Trash Expense $2,880
  • Water Sewer Expense $8,040
  • Operating Expense $29,938
  • Gross Income $129,600
  • Net Operating Income $99,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,579

Year Built

Built in 1919

Lot Details

5,375 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (630) 862-5181
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Possible Use: Multi-Family
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Rubber
  • Roof Structure: Flat
  • Misc Outside: Enclosed Stairs,Fire Escape

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 2400
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2880
  • Water Sewer Expenses: 8040

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 125x43
  • Lot Size Sq Ft: 5375
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Varies by Tenant
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 4472

Multi Family

  • Net Operating Income: 99662
  • Insurance Expense: 300
  • GrossIncome: 129600
  • Maintenance Expense: 4200
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 29938
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8579
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,579 $42,700 $4,300 $38,400
2024 $8,599 $42,700 $4,300 $38,400
2023 $8,382 $40,756 $4,838 $35,918
2022 $8,382 $40,756 $4,838 $35,918
2021 $8,195 $40,754 $4,837 $35,917
2020 $8,756 $39,306 $4,837 $34,469
2019 $6,923 $34,458 $4,837 $29,621
2018 $6,807 $34,458 $4,837 $29,621
2017 $7,269 $33,769 $4,434 $29,335
2016 $2,063 $10,301 $4,434 $5,867
2015 $1,888 $10,301 $4,434 $5,867
2014 $6,265 $33,768 $4,434 $29,334
2013 $6,142 $33,768 $4,434 $29,334
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2026 09/01/26 Price Changed $258,000 -0.4% $58 / Sq Ft
08/19/2026 08/19/26 For Sale $259,000 -- $58 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12736816

Midwest Real Estate Data (MRED)
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