$1,099,000

Estimated payment $7,606/month

Total Views 358
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • 2-minute walk to 18Th Street Station
  • 4-minute walk to Harrison Park

About This Home

Prime Turnkey Investment in Chicago's Red-Hot Pilsen Neighborhood! 5 unit building complete renovated in 2020! 100% tenant occupied and generates over $111K in annual gross rental income. The rehab included new electric, copper plumbing, individual HVAC's, new flooring and baths, washer/dryer in all units, and new roof on front building. All units have modern finishes with granite countertops, S.S. appliances, and central HVAC. Both buildings are brick. Tenants pay their own electric and gas. Highly desirable location in Pilsen. Don't miss out on this incredible investment opportunity!

Listing Agent

Brian Ruff

Coldwell Banker Real Estate Group License #475119859 Listed on: 08/20/2025

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,411

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Interior Spaces

  • 3-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,530
  • Insurance Expense $5,273
  • Maintenance Expense $10,298
  • Manager Expense $2,390
  • Other Expense $3,906
  • Trash Expense $2,606
  • Water Sewer Expense $1,802
  • Operating Expense $50,216
  • Gross Income $111,692
  • Net Operating Income $61,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,411

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: New Rehab
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 5
  • Drive-In Doors: 5
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1099000

Utilities

  • Cooling: Central Air, Central Individual
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Condo/Co-op/Association

  • Manager Expense: 2390

Fee Information

  • Trash Expense: 2606
  • Water Sewer Expenses: 1802
  • Janitor Expense: 3000
  • Operating Expense Includes: Maintenance,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 61476
  • Insurance Expense: 5273
  • ElectricExpense: 1530
  • GrossIncome: 111692
  • Maintenance Expense: 10298
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 50216
  • Expense Year: 2024
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 19411
  • Tax Year: 2023

Map

Range of Values:

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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
08/20/2025 08/20/25 For Sale $1,099,000 -- --
Source: Midwest Real Estate Data (MRED)

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    $1,175,000

    • 2 Beds
    • 2 Baths
    • 3322 S Parnell Ave
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    3328 s Parnell is an oversized Frame 2-Flat with walking distance to Guaranteed Rate Field and Armor Square Park. Each unit with 3 bedrooms and 1 bath with garage. Also the listing price include 2 vacant lots (3326 and 3322 S Parnell ) see map for details. Note: can buy the 2 units apartment separately or have to buy the 2 units apartment plus 2 vacant lots all together .

    Rowena Cheng Richland Global Inc

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12438594

Midwest Real Estate Data (MRED)

APN: 17194070060000