$988,000

Estimated payment $6,452/month

Total Views 1,229
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime 6-Unit Investment Property in the Heart of Armour Square, Near Chinatown. Exceptional opportunity to own a solid, six-unit building ideally located in Armour Square, just minutes from the vibrant Chinatown neighborhood. The front building comprises five units: a spacious first-floor space, two units on the second floor, and two additional units on the third floor. A separate, remodeled coach house at the rear of the property serves as the sixth unit. Two of the units, including the coach house, have been tastefully renovated. The remaining units are occupied by long-term tenants and may benefit from future updates, offering excellent value-add potential. Conveniently situated within walking distance of James Ward Elementary School, and close to Downtown Chicago, major highways, and public transportation. This is a good chance to invest in a high-demand area with strong rental appeal and long-term growth prospects. Don't miss this outstanding investment opportunity and contact us today to schedule a tour!

Listing Agent

Michael Ng

Mango Realty Group License #471020356 Listed on: 08/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,811

Year Built

  • Built in 1892

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x116

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,811

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1892
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • List Price: 988000

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Forced Air,Gas,Wall Unit,Space Heaters

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X116
  • Alternate Phone Number: (773) 886-0660

Rental Info

  • Board Number: 8

Multi Family

  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12811.34
  • Tax Year: 2023

Map

Range of Values:

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ICE

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $12,811 $105,000 $15,805 $89,195
2023 $12,489 $60,720 $12,760 $47,960
2022 $12,489 $60,720 $12,760 $47,960
2021 $13,885 $69,050 $12,760 $56,290
2020 $12,785 $57,391 $12,760 $44,631
2019 $13,226 $65,830 $12,760 $53,070
2018 $13,004 $65,830 $12,760 $53,070
2017 $11,732 $54,498 $10,150 $44,348
2016 $10,915 $54,498 $10,150 $44,348
2015 $9,987 $54,498 $10,150 $44,348
2014 $8,489 $48,320 $8,700 $39,620
2013 $8,310 $48,320 $8,700 $39,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $988,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12443914

Midwest Real Estate Data (MRED)

APN: 17-28-415-023-0000