$539,900
SOLD NOV 25, 2025
-- Bed
-- Bath
10,980 Sq Ft
0.25 Acres

Recently Sold

$49 Per Sq Ft

2 Days on Market

Highlights

  • 0.25 Acre Lot
  • Courtyard
  • Floor Furnace
  • Corner Lot
  • Baseboard Heating

About This Home

As of November 2025

Located in the South Chicago area, this impressive 13-unit California-style building presents a rare opportunity to build significant equity. Each unit offers 1/BED 1 BATH, a separate living and dining room, and a spacious kitchen. While all units require a FULL renovation, upgrading the units with stainless steel appliances, in-unit laundry, and modern fixtures could greatly enhance rental potential to $1200 per unit. Once fully stabilized, the property offers forecasted rental income of $15,600 per month ($187,200 annually). The property features a BRAND-NEW steel porch approved by the City of Chicago in July 2025. There's Additional parking alongside the building. Currently, only 4 of the 13 units are rented. This is a prime opportunity for an investor looking to unlock long-term income in a rapidly evolving location. The building is close to grocery stores, U.S. 41, and public transportation making it highly attractive for future tenants. Property is being sold AS-IS.

Last Agent to Sell the Property

Janina Farr

Coldwell Banker Realty License #475119631 Listed on: 09/28/2025

Coldwell Banker Realty

Last Buyer's Agent

Kathy OBrien

eXp Realty License #475134103

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,481

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 122x90
  • Corner Lot

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 10,980 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Courtyard

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Radiator
  • Baseboard Heating
  • Radiant Heating System

Community Details

  • 13 Units
  • Gross Income $15,600

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,481

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Courtyard
  • Stories: 2
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: Court Approval Required,Probate
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk-Up Access
  • Possible Use: Commercial, Retail
  • Fire Protection: Smoke or Fire Protectors,Sprinklers-Dry
  • Refrigerators: 4
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Rubber
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies,Courtyard

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Fuses
  • Heat/Ventilation: Radiators,Baseboard,Radiant,Individual Furnaces

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 122X90
  • Lot Size Sq Ft: 10980
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 10980

Multi Family

  • GrossIncome: 15600
  • NumberOfUnitsTotal: 13
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 9481
  • Tax Year: 2023

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
11/25/2025 11/25/25 Sold $539,900 0.0% $49 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
09/28/2025 09/28/25 For Sale $539,900 -- $49 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12475012

Midwest Real Estate Data (MRED)

APN: 21313030540000