$2,300,000

Estimated payment $14,773/month

-- Bed
-- Bath
7,506 Sq Ft
$306 Price per Sq Ft

Highlights

  • 7,875 Sq Ft lot
  • Corner Lot
  • Accessible Bathroom
  • 6 Fireplaces
  • Storage Room
  • 5-minute walk to Mellin Park

About This Home

Andersonville 6-Unit Investment Opportunity - Rarely available in the heart of Andersonville, this well-maintained 6-unit building presents an exceptional opportunity for savvy investors looking to secure a stable, income-generating asset in one of Chicago's most desirable neighborhoods. Each of the six units features a spacious 1200 sq. ft., 2-bedroom, 1-bathroom layout, with in an enclosed, insulated, back porch that adds an extra room for an office or storage. The property has been carefully maintained over the years. A standout feature is the availability of 5 garage parking spaces-an increasingly valuable amenity in this area-along with 7 separate storage rooms in the basement. Major updates include an upgraded electrical system installed within the last 5-7 years and a roof in good condition, updated approximately 10-15 years ago, which provides added peace of mind and reduces the likelihood of near-term capital expenses. Located in a high-demand rental corridor, this property benefits from Andersonville's vibrant mix of dining, shopping, accessible transportation, and community charm, making it highly attractive to long-term tenants. Whether you're expanding your portfolio or entering a sought-after market, this is a rare opportunity to acquire a solid, income-producing building in a tightly held neighborhood.

Listing Agent

Roziel Reyes

Pearson Realty Group License #475123643 Listed on: 05/01/2026

Co-Listing Agent

Lupe Marino

Pearson Realty Group License #475110504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,936

Year Built

  • Built in 1924

Lot Details

  • 7,875 Sq Ft Lot
  • Lot Dimensions are 63 x 125
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Reflective Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,506 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces
  • Storage Room

Partially Finished Basement

  • Block Basement Construction
  • Basement Storage

Accessible Home Design

  • Accessible Bathroom

Utilities

  • No Cooling
  • Central Heating
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • The owner pays for trash collection, water, common area maintenance, electricity, heat, hot water, insurance, taxes, repairs, roof

Community Details

Overview

  • Association fees include heat, water, electricity, parking, exterior maintenance, lawn care, snow removal
  • 6 Units

Amenities

  • Workshop Area

Building Details

  • Electric Expense $480
  • Fuel Expense $7,300
  • Insurance Expense $8,472
  • Maintenance Expense $2,000
  • Other Expense $2,000
  • Trash Expense $3,600
  • Water Sewer Expense $3,600
  • Operating Expense $29,936
  • Gross Income $180,000
  • Net Operating Income $153,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,936

Year Built

Built in 1924

Lot Details

7,875 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Concrete, Storage Space
  • Fireplaces: 6
  • OwnerPays: Trash Collection, Water, Common Area Maintenance, Electricity, Heat, Hot Water, Insurance, Taxes, Repairs, Roof
  • Possible Use: Condominium, Multi-Family, Other
  • Misc Inside: Accessible Washroom/s,Storage Inside,Workshop Area (Interior)
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Membrane, Reflective Coating
  • Roof Structure: Flat
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

  • Indoor Parking: 1-5 Spaces,Detached

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters, 220 Volts
  • Heat/Ventilation: Central Bldg Heat,Gas,Hot Water,Radiators
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Heat, Water, Electricity, Parking, Exterior Maintenance, Lawn Care, Snow Removal
  • Trash Expense: 3600
  • Water Sewer Expenses: 3600
  • Operating Expense Includes: Fuel,Insurance,Utilities,Water/Sewer,Electricity

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 63 X 125
  • Lot Size Sq Ft: 7875
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 7506
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 153548
  • Fuel Expense: 7300
  • Insurance Expense: 8472
  • ElectricExpense: 480
  • GrossIncome: 180000
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 29936
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 29936
  • 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

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 $23,420 $149,001 $74,498 $74,503
2024 $23,420 $149,001 $74,498 $74,503
2023 $22,831 $111,000 $60,000 $51,000
2022 $22,831 $111,000 $60,000 $51,000
2021 $22,321 $111,000 $60,000 $51,000
2020 $20,830 $93,506 $34,500 $59,006
2019 $21,348 $106,257 $34,500 $71,757
2018 $20,989 $106,257 $34,500 $71,757
2017 $16,767 $77,888 $30,000 $47,888
2016 $15,600 $77,888 $30,000 $47,888
2015 $16,874 $92,084 $30,000 $62,084
2014 $13,993 $75,417 $22,500 $52,917
2013 $13,716 $75,417 $22,500 $52,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 For Sale $2,300,000 -- $306 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12596092

Midwest Real Estate Data (MRED)

APN: 14072040090000

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