$599,900
PENDING

Estimated payment $3,750/month

Total Views 553
7 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Community
  • 2.5 Car Detached Garage
  • Baseboard Heating
  • Corner Lot
  • Forced Air Heating System
  • Heating System Uses Steam

About This Home

Well-maintained and solid all-brick 4+1 unit building situated on an oversized lot in the desirable South Shore area of Chicago. The building features a desirable unit mix of two spacious 2-bedroom/1-bath units, two large 1-bedroom/1-bath units, and an additional 1-bedroom/1-bath garden unit. A detached all-brick garage provides additional income potential and added tenant convenience. Major mechanical updates have already been completed, including updated electrical and plumbing systems. The interiors have been thoughtfully upgraded with new flooring, modernized kitchens, updated bathrooms, and newer appliances-creating a truly turnkey investment. Adding even more value, the finished basement includes a 1-bedroom apartment with an ACTIVE Airbnb license, offering immediate short-term rental income potential. This rare feature creates a powerful opportunity to maximize cash flow through a combination of long-term and short-term rental strategies. The location is just minutes from the lakefront, beaches, and parks, and in close proximity to the highly anticipated Barack Obama Presidential Center, adding strong future growth and appreciation potential. This well-cared-for property presents a strong opportunity for investors seeking multiple income streams or for an owner-occupant looking to balance their mortgage with rental and short-term income. A versatile asset with built-in upside-ready for its next owner.

Listing Agent

Alam Chunawala

Coldwell Banker Realty License #475167665 Listed on: 02/27/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1926 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 26 x 150
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Parking Available
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,228

Year Built

Built in 1926 | Remodeled in 2024

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Yes, Garage Owned, Detached, Driveway, Garage
  • ParkingTotal: 4.5

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Steam, Baseboard, Radiant
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 26 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 6228.2
  • Tax Year: 2024

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,4 Story Unit/s

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 $4,642 $31,000 $2,936 $28,064
2024 $4,642 $31,000 $2,936 $28,064
2023 $4,525 $22,000 $4,894 $17,106
2022 $4,525 $22,000 $4,894 $17,106
2021 $4,424 $21,999 $4,893 $17,106
2020 $3,689 $16,558 $3,523 $13,035
2019 $3,780 $18,816 $3,523 $15,293
2018 $3,717 $18,816 $3,523 $15,293
2017 $4,577 $21,263 $3,132 $18,131
2016 $4,259 $21,263 $3,132 $18,131
2015 $3,896 $21,263 $3,132 $18,131
2014 $3,371 $20,738 $2,740 $17,998
2013 $3,294 $20,738 $2,740 $17,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2026 03/05/26 Pending -- -- --
02/27/2026 02/27/26 For Sale $599,900 +66.2% --
05/18/2023 05/18/23 Sold $361,000 +3.1% $83 / Sq Ft View Prior Sale
03/25/2023 03/25/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $350,000 -- $80 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12579497

Midwest Real Estate Data (MRED)

APN: 20362010370000

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