$505,000
PENDING $20K PRICE DROP

Estimated payment $3,257/month

Total Views 9,251
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • Space Heater
  • 3-minute walk to Park No. 571
  • Patio
  • Paved or Partially Paved Lot

About This Home

Attention investors and house hackers, come see this rare 4-unit in Bridgeport! The building is fully rented with three leases expiring between October and December 2025 while the Unit 2R lease is currently month-to-month to accommodate an owner occupant. The building is generating strong rental income but there is opportunity to add value and raise the rents further! The owner has made several improvements within the last few years - see property notes for detail. Full unfinished basement and attic. Close to Orange Line stop on Ashland, easy access to I-55, and less than a 10 minute drive from Guaranteed Rate Field. The building is well-maintained and presents a great investment opportunity! Building needs some TLC and is sold AS IS.

Listing Agent

Michael Scanlon

eXp Realty License #475188240 Listed on: 04/08/2025

eXp Realty

Co-Listing Agent

Paul deLuca

eXp Realty License #475190985

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1876

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 24 x 112
  • Paved or Partially Paved Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio
  • Property is near a park

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $27
  • Fuel Expense $62
  • Insurance Expense $4,884
  • Manager Expense $4,455
  • Professional Management Expense $1,180
  • Water Sewer Expense $1,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,908

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1180
  • Year Built: 1876
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • 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
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • Construction Materials: Frame
  • List Price: 505000
  • Patio And Porch Features: Patio
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Space Heater
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Manager Expense: 4455
  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1908

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 24 X 112
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Fuel Expense: 62
  • Insurance Expense: 4884
  • ElectricExpense: 27
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5907.7
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/10/2025 06/10/25 Pending -- -- --
05/26/2025 05/26/25 Price Changed $505,000 -1.9% --
05/12/2025 05/12/25 Price Changed $515,000 -1.9% --
04/08/2025 04/08/25 For Sale $525,000 +19.7% --
03/11/2022 03/11/22 Sold $438,500 -7.7% $176 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $475,000 -- $191 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Similar Homes in Chicago, IL

  • 2814 W 25th Place, Chicago, IL 60623

    $390,000

    • 5 Beds
    • 3 Baths
    • 2814 W 25th Place
    • Chicago, IL

    Perfect for the savvy Investor! Rehabbed Brick 2 flat! 1st floor offers 3 bedrooms, 1.5 baths, spacious living room and kitchen. Currently rented. The second floor unit offers 2 bedrooms, 1 bath, living room and dining room. The unfinished attic space is ideal for a duplex up for an additional bedroom, living space or storage. Currently rented. New flooring throughout. 2022 and 2023 new

    Rafay Qamar Real Broker LLC

    Section Image
  • 2236 W Monroe St, Chicago, IL 60612

    $615,000

    • 6 Beds
    • 3 Baths
    • 2236 W Monroe St
    • Chicago, IL

    LOCATION, LOCATION, LOCATION: SOLID Brick Unique Oversized Multi Units in The very desirable United Center Neighborhood. Each unit boasts 3 large bed rooms. First floor unit duplexed down to full basement; offers 2 full baths, a large kitchen w pantry and heated enclosed porch room. First bedroom feature a Jack and Jill bath. Tall Ceilings with plenty of windows & naural light throughout.

    Gloria Spencer Baker-Spencer Realty, LLC

    Section Image
  • 5726 S Elizabeth St, Chicago, IL 60636

    $405,000

    • 5 Beds
    • 2 Baths
    • 5726 S Elizabeth St
    • Chicago, IL

    Discover this completely rehabbed 2-unit brick building in West Englewood. Gutted down to the studs, this property boasts brand new everything-roof, electrical, plumbing, and more! Rest peacefully knowing all city permits were pulled. Unit 1 (Duplex-Down): A spacious 2-bedroom, 1-bath layout with hardwood flooring, elegant wainscoting, and a modern kitchen featuring stainless steel appliances.

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 4251 W Jackson Blvd, Chicago, IL 60624

    $415,000

    • 7 Beds
    • 2 Baths
    • 4251 W Jackson Blvd
    • Chicago, IL

    Welcome to Jackson. This solid brick 2-unit building features two spacious units - perfect for investors or multigenerational living. The first-floor unit offers 3 bedrooms and 1 full bath, currently leased to a reliable tenant. The second-floor unit, previously owner-occupied, boasts 4 bedrooms and 1 full bath with generous living space and natural light. Both units feature separate utilities

    Sohe Reyes Smart Home Realty

    Section Image
  • 1009 N Harding Ave, Chicago, IL 60651

    $470,000

    • 4 Beds
    • 2 Baths
    • 1009 N Harding Ave
    • Chicago, IL

    Investors Dream! Beautiful blonde brick building with 2 units and a full basement that blends classic charm with modern luxury! Located in a highly desirable neighborhood, this stunning property has been upgraded, offering two spacious 2bed/1bath units. Fully updated kitchens with sleek stainless steel appliances, custom countertops, cabinetry and gorgeous hardwood flooring spanning throughout.

    Rafay Qamar Real Broker LLC

    Section Image
  • 6932 S Green St, Chicago, IL 60621

    $429,900

    • 7 Beds
    • 2 Baths
    • 6932 S Green St
    • Chicago, IL

    Welcome to this beautifully updated multi-unit property in the heart of Englewood. Fully renovated in 2020, this home features gleaming hardwood floors throughout, updated kitchens, modern baths, and thoughtful finishes that blend comfort with style. Each unit offers spacious layouts filled with natural light, while the unfinished basement is a blank canvas with a roughed-in bathroom, perfect

    LaToya Moore Baird & Warner

    Section Image
  • 6621 S Marquette Dr, Chicago, IL 60637

    $400,000

    • 6 Beds
    • 2 Baths
    • 6621 S Marquette Dr
    • Chicago, IL

    Renovated Two-Unit Greystone in West Woodlawn! This classic Chicago Greystone features two spacious 3 bed, 1 bath units, each updated with hardwood floors, stainless steel appliances, countertops, and modern finishes. Renovated in 2024 before the current tenants moved in. Underground plumbing replaced and updated in 2023 from the building to street. The unfinished basement offers potential for a

    Devin Burks @properties Christie's International Real Estate

    Section Image
  • 5062 W Adams St, Chicago, IL 60644

    $375,000

    • 6 Beds
    • 2 Baths
    • 5062 W Adams St
    • Chicago, IL

    Welcome to this beautifully maintained two unit building perfect for owner occupants looking to build wealth while keeping housing costs low. Each unit features 3 bedrooms and 1 bathroom with spacious layouts, and a partially finished basement offers additional space for storage, a home gym, or future expansion. Live in one unit and rent out the other to help cover your mortgage. The second floor

    Tina Hollins Coldwell Banker Realty

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12331261

Midwest Real Estate Data (MRED)

APN: 17293100320000