$2,500,000

Estimated payment $15,599/month

Total Views 367
-- Bed
-- Bath
5,800 Sq Ft
$431 Price per Sq Ft

Highlights

  • Property is near public transit
  • Brick Exterior Construction
  • Forced Air Heating and Cooling System

About This Home

Incredible opportunity to acquire a fully rehabbed, turnkey 6-unit multi-family income property in a highly desirable Uptown/Andersonville-adjacent pocket. This pristine center-entrance asset features a high-demand rental mix of four spacious 2-bedroom/2-bathroom units and two 3-bedroom/3-bathroom units, all boasting high-end modern finishes, updated kitchens and baths, and thoughtful layouts. Ideal for an investor seeking immediate stabilization and strong cash flow with a projected market rent of $18,000/month. The property includes a dedicated rear asphalt lot providing 6 outdoor parking spaces-a premium commodity for tenants in this neighborhood. Unbeatable urban location just steps from the Argyle Red Line station, lakefront recreation, and the vibrant dining and retail corridors of Clark Street. Exceptional turnkey addition to any portfolio.

Listing Agent

Niko Apostal

Essex 312, LLC License #471017557 Listed on: 07/01/2026

Co-Listing Agent

Quinn Evans

Essex 312, LLC License #475216885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,098

Year Built

  • Built in 1918

Lot Details

  • 5,454 Sq Ft Lot
  • Lot Dimensions are 43.6 x 125

Home Design

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

Interior Spaces

  • 5,800 Sq Ft Home
  • 3-Story Property

Finished Basement

  • Block Basement Construction
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • The owner pays for snow removal, management, sewer, water, common area maintenance, insurance, janitorial service, taxes, scavenger

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $405
  • Fuel Expense $3,312
  • Insurance Expense $5,211
  • Maintenance Expense $2,700
  • Manager Expense $10,003
  • Other Expense $2,959
  • Trash Expense $1,594
  • Water Sewer Expense $4,422
  • Operating Expense $58,819
  • Gross Income $189,612
  • Net Operating Income $145,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,098

Year Built

Built in 1918

Lot Details

5,454 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • HabitableResidenceYN: Yes
  • Property Sub-Type: Corridor-Interior Entrance,Flats
  • Stories: 3
  • Year Built: 1918
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany,Show-Lock Box,Leases Avaliable,Profit & Loss Avalia,Standard
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Concrete, Rec/Family Area, Sleeping Area
  • OwnerPays: Snow Removal, Management, Sewer, Water, Common Area Maintenance, Insurance, Janitorial Service, Taxes, Scavenger
  • Possible Use: Multi-Family
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Inside Corridor/s
  • Fireplaces: 6
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Brick/Stone Msn Pred
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Membrane
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 6-12 Spaces,Assigned Spaces,Open,Paved,Private Lot,Parking On-Site

Utilities

  • Cooling: Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit,Individual Furnaces
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 10003
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1594
  • Water Sewer Expenses: 4422
  • Operating Expense Includes: Insurance,Maintenance,Professional Management,Security,Snow Removal,Trash,Water/Sewer,Electricity,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 43.6 x 125
  • Lot Size Sq Ft: 5454
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Lease Term: Available for Sale
  • Board Number: 8
  • Tenancy Type: Leases,1 or More Vacant

Building Info

  • BuildingAreaTotal: 5800
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 145456
  • Fuel Expense: 3312
  • Insurance Expense: 5211
  • ElectricExpense: 405
  • GrossIncome: 189612
  • Maintenance Expense: 2700
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 58819
  • Type Multi-Family: Corridor-Interior Entrance,Flats

Tax Info

  • Tax Annual Amount: 26098
  • 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 $20,083 $121,766 $54,267 $67,499
2024 $20,083 $129,901 $54,267 $75,634
2023 $19,578 $95,184 $43,632 $51,552
2022 $19,578 $95,184 $43,632 $51,552
2021 $21,173 $105,293 $43,632 $61,661
2020 $17,801 $79,907 $26,179 $53,728
2019 $18,039 $89,784 $26,179 $63,605
2018 $19,571 $99,079 $26,179 $72,900
2017 $18,707 $86,900 $22,906 $63,994
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
07/01/2026 07/01/26 For Sale $2,500,000 -- $431 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12692510

Midwest Real Estate Data (MRED)
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