$520,000
SOLD JUL 10, 2025
9 Beds
3 Baths
2,736 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

4% Above List Price

9 Days on Market

Highlights

  • Balcony
  • Porch
  • Paved or Partially Paved Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2025

This fully renovated legal 2-flat, with a bonus 3rd unit in the garden apartment, is an incredible investment and living opportunity in the South Chicago neighborhood. Completely rehabbed in 2022, this building features three spacious 3-bedroom, 1-bath units, each with brand-new stainless steel appliances. The garden unit is perfect for an owner's suite, offering comfortable living with the added bonus of being vacant at closing for immediate occupancy. Unit 1 also includes a washer and dryer, while the second-floor unit offers potential for future expansion, with an unfinished attic that could be duplexed up to add more bedrooms and bathrooms for increased rental income. The building is currently generating $3,200 per month with excellent tenants who take great care of their apartments and pay rent on time. This is an ideal house hacking opportunity, as the revenue from the tenants helps cover a significant portion of the owner's living expenses. The property is professionally managed, well-maintained, and turn-key, making it a fantastic addition to any investor's portfolio. Situated just blocks from Rainbow Beach Park, with the new bike trail and the South Side Quantum Computing Campus nearby, this location is poised for future growth. Whether you're looking to live in the garden unit or expand the second-floor unit for additional rental income, this property offers both immediate comfort and long-term potential in a thriving South Chicago neighborhood.

Last Agent to Sell the Property

Michael Applegate

Straight-A Realty, LLC License #471020131 Listed on: 05/02/2025

Co-Listed By

Brittany Jones

Straight-A Realty, LLC License #475202289

Last Buyer's Agent

Deena Lewis

Coldwell Banker Realty License #475197249

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1922 | Remodeled in 2022

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Bedroom in Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units
  • Multiunit

Building Details

  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,293

Year Built

Built in 1922 | Remodeled in 2022

Lot Details

4,356 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: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Finished, Exterior Entry, Sleeping Area, Full, Walk-Out Access
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 4762
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 3200
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2292.75
  • Tax Year: 2023
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 List to Sale Price per Sq Ft Prior Sale
07/10/2025 07/10/25 Sold $520,000 +4.2% $190 / Sq Ft
05/11/2025 05/11/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $499,000 +25.1% $182 / Sq Ft
12/16/2022 12/16/22 Sold $399,000 0.0% $146 / Sq Ft View Prior Sale
11/11/2022 11/11/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $399,000 +244.0% $146 / Sq Ft
03/29/2021 03/29/21 Sold $116,000 +29.0% $42 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $89,900 -- $33 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,587 $37,101 $3,572 $33,529
2024 $3,587 $37,101 $3,572 $33,529
2023 $1,045 $17,000 $4,762 $12,238
2022 $1,045 $17,000 $4,762 $12,238
2021 $2,749 $17,000 $4,762 $12,238
2020 $1,785 $11,114 $4,762 $6,352
2019 $1,878 $12,775 $4,762 $8,013
2018 $1,845 $12,775 $4,762 $8,013
2017 $3,331 $18,849 $4,285 $14,564
2016 $3,275 $18,849 $4,285 $14,564
2015 $2,973 $18,849 $4,285 $14,564
2014 $2,701 $17,128 $3,333 $13,795
2013 $2,637 $17,128 $3,333 $13,795
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12353007

Midwest Real Estate Data (MRED)

APN: 21312050360000

Your Personal Tour Guide

Ask me questions while you tour the home.