2855 W Arthington St Chicago, IL 60612
Garfield Park NeighborhoodEstimated payment $4,455/month
About This Home
A rare opportunity for both owner-occupants and investors alike! Whether you are looking to do house hacking or secure a high-performing rental asset, this fully-remodeled building checks every box. New electric, new plumbing, new furnaces, new hot water tanks, 24 new windows, new kitchens and baths, new appliances - all over the last 3 years. Ideally located just blocks from the Illinois Medical District and the United Center, the property sits in a high-demand area with strong rental appeal and long-term appreciation potential. Each of the 3 spacious units features a desirable 3 bed/2 bath layout with a private primary suite - an uncommon configuration that attracts quality tenants and premium rents. Thoughtfully updated throughout, every unit offers open-concept living, modern kitchens and baths, and the convenience of in-unit laundry. Live in 1 unit and rent the other two or add a turnkey, income-generating property to your portfolio. Opportunities like this do not last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,671
Year Built
- Built in 2004
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25 x 125
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- Parking Available
- Parking Lot
- Parking Included in Price
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,582 | $43,000 | $4,531 | $38,469 |
| 2024 | $7,582 | $43,000 | $4,531 | $38,469 |
| 2023 | $8,226 | $35,811 | $3,672 | $32,139 |
| 2022 | $8,226 | $39,860 | $3,672 | $36,188 |
| 2021 | $8,042 | $39,859 | $3,671 | $36,188 |
| 2020 | $3,599 | $16,103 | $3,671 | $12,432 |
| 2019 | $3,689 | $18,299 | $3,671 | $14,628 |
| 2018 | $4,747 | $23,954 | $3,671 | $20,283 |
| 2017 | $4,657 | $21,557 | $3,281 | $18,276 |
| 2016 | $4,318 | $21,557 | $3,281 | $18,276 |
| 2015 | $3,950 | $21,557 | $3,281 | $18,276 |
| 2014 | $3,294 | $17,753 | $3,125 | $14,628 |
| 2013 | $3,840 | $21,113 | $3,125 | $17,988 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | Pending | -- | -- | -- | |
| 03/25/2026 03/25/26 | For Sale | $699,000 | +222.1% | -- | |
| 12/23/2021 12/23/21 | Sold | $217,000 | +44.7% | -- | View Prior Sale |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- | |
| 08/11/2021 08/11/21 | For Sale | $150,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12600592
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Ask me questions while you tour the home.