1302 W 98th Place Chicago, IL 60643
Washington Heights NeighborhoodEstimated payment $2,843/month
About This Home
Rarely available! Nestled on a quiet block in the Washington Heights neighborhood, this lovely 4-unit brick building presents a remarkable opportunity for a savvy investor or homeowner! This income producing property features three 2-bedroom units, and one spacious 1-bedroom unit. One of the units has been recently renovated and the other units have long term, stable tenants in place! 3 out of 4 renters are on month-to-month leases, offering flexibility for the new owner. Each apartment reflects a layout that invites in tons of natural light and offers a comfortable living space. The brick exterior has been recently tuck pointed which is perfect for low maintenance and long-term durability. This property has been very well maintained and has many recent repairs that make this a sound investment. Upgrades/repairs include a new roof, newer boiler, new gutter system, re-supported back porch, and the list goes on! This building runs efficiently and can stand as a low-upkeep asset in your portfolio! Washington Heights is an established community public with schools, public transportation, grocery stores, various shopping amenities, and just minutes from the I-57 expressway. Not many opportunities become available to own a well-maintained 4 unit in the Chicago real estate market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,210
Year Built
- Built in 1924
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
- Soaking Tub
Utilities
- Radiator
- Lake Michigan Water
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $499,000 | +36.7% | -- |
| 05/09/2024 05/09/24 | Sold | $365,000 | -5.2% | $92 / Sq Ft |
| 03/12/2024 03/12/24 | Price Changed | $385,000 | -2.5% | $97 / Sq Ft |
| 02/08/2024 02/08/24 | For Sale | $395,000 | -- | $100 / Sq Ft |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12453325
APN: 25081140360000
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