$300,000

Estimated payment $1,945/month

Total Views 1,819
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • 4-minute walk to California Station (Pink Line)
  • Ceiling Fan
  • A-Frame Home

About This Home

Excellent Investment Opportunity! This solid 3-unit building, situated on a rare double lot, offers strong rental potential and long-term value. The property features two spacious 2-bedroom units and a 1-bedroom rear unit on the first floor, plus a partially finished basement with additional living space. Currently fully occupied with long-term tenants, the building provides immediate rental income, with all utilities paid by tenants (except the basement, combined with the first-floor unit). The property also includes a gated parking lot with an iron sliding door, accommodating 4-5 vehicles. With updates, this building can easily be brought back to maximum rental potential-an ideal opportunity for investors seeking strong upside in a desirable location.

Listing Agent

Adam Rodriguez

Re/Max Premier License #475147642 Listed on: 09/01/2025

Re/Max Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1888

Lot Details

  • Additional Parcels

Home Design

  • A-Frame Home
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Alley Access
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Septic Tank

Community Details

  • 3 Units
  • A Frame

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,772

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: A-Frame
  • New Construction: No
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Partially Finished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 300000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Alley Access, On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Septic Tank
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 16244230190000
  • Additional Parcels: Yes
  • Lot Dimensions: 6096
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3772.07
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

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
09/01/2025 09/01/25 For Sale $300,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12459922

Midwest Real Estate Data (MRED)

APN: 16244230200000