$850,000

Estimated payment $5,287/month

Total Views 8,065
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Sun or Florida Room
  • 4-minute walk to Morse Station
  • 3-minute walk to Loyola Park

About This Home

Exceptional Investment Opportunity - Fully rented 2 flat multi-unit property with 8 parking spaces, one block away from Loyola Park and the beach. Don't miss this rare opportunity to own a well-maintained, income-generating property, situated on an extra-deep 30' x 172' lot on a charming, tree-lined street. Both units have high 9' ceilings, hardwood floors and sun-drenched sunrooms. Unit 1 offers 2 bedrooms, 2 full bathrooms, in-unit laundry, and recently updated kitchen and baths. Unit 2 includes 2 bedrooms, 1 bathroom and a renovated kitchen. Additional features include: a large unfinished basement with a laundry facility; 8 low-maintenance, high-demand, income producing parking spaces - 3 garage spaces and 5 exterior spots. Major recent upgrades: new silicon roof (2025), some electrical and plumbing updates. Prime location, just half a block from the Red Line and a walking distance to Morse Avenue, Glenwood Arts District, shops, dining, and entertainment. An ideal property for investors or owner-occupants seeking additional rental income.

Listing Agent

Youlia Raichev

HomeSmart Connect LLC License #475183585 Listed on: 10/02/2025

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,837

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 30 x 172

Parking

  • 3 Car Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Field Elementary School
  • Sullivan High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $65,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,837

Year Built

Built in 1906

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Room Type: Sun Room
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Disposal,Range Hood,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Garage Owned, Detached, Owned, Garage
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: Field Elementary School
  • High School: Sullivan High School
  • Elementary School #2: New Field Elementary School

Lot Info

  • Lot Dimensions: 30 X 172
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 65400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 9837.42
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 For Sale $850,000 +41.7% --
07/02/2019 07/02/19 Sold $600,000 -11.1% $242 / Sq Ft View Prior Sale
05/04/2019 05/04/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $675,000 0.0% $272 / Sq Ft
04/30/2019 04/30/19 Price Changed $675,000 -11.8% $272 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $765,000 -- $308 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12486332

Midwest Real Estate Data (MRED)

APN: 11321100290000