$549,900
$50K PRICE DROP

Estimated payment $3,341/month

Total Views 4,834
-- Bed
-- Bath
6,636 Sq Ft
$83 Price per Sq Ft

About This Home

Historic Graystone 6-Unit in Garfield Park - Investment Opportunity Welcome to 351 S Hamlin Blvd., a stately three-story Graystone nestled in the heart of Garfield Park. This legal 6-unit building offers timeless charm with original woodwork and solid bones, making it a rare find for investors seeking both character and cash flow. Unit Breakdown: Apt 1F - 1BR | $650/mo | M2M tenancy since 10/15/12 Apt 2B - 2BR | $650/mo | M2M tenancy since 2/25/06 Apt 3F - 1BR + Den | $850/mo | M2M tenancy since 12/1/23 Apt 1B - 1BR | $600/mo | M2M tenancy since 2/15/22 Apt 3B - 2BR | $600/mo | M2M tenancy since 5/15/95 Apt 2F - 1BR | Vacant Coach House - 1BR | Vacant Financials: Monthly Rental Income: $3,350 Insurance: $384.25/month 2023 Taxes: $5,927.76 Gas (Jan-Oct): $1,655.53 (common areas & basement) Electric (Jan-Sep): $377.62 (common areas & basement) Water (Jan-Oct): $3,163.11 Located just blocks from Garfield Park Conservatory, public transit, and major thoroughfares, this property offers strong upside potential with two vacant units ready for market-rate tenants or renovation.

Listing Agent

Ryan Casper

eXp Realty Brokerage Phone: (312) 888-9395 License #475121977 Listed on: 10/15/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 1929

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,636 Sq Ft Home
  • 3-Story Property

Additional Features

  • 6,100 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 6 Units
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,928

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Condominium
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1929
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Attribution Contact: (312) 888-9395
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Misc Inside: Other
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Heat/Ventilation: Radiant
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6100
  • Lot Size Sq Ft: 6100
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 6636

Multi Family

  • GrossIncome: 49200
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 5927.76
  • Tax Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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
2025 $5,928 $44,000 $8,156 $35,844
2024 $5,928 $44,000 $8,156 $35,844
2023 $5,779 $28,000 $6,609 $21,391
2022 $5,779 $28,000 $6,609 $21,391
2021 $5,649 $27,999 $6,609 $21,390
2020 $5,909 $26,439 $6,609 $19,830
2019 $6,057 $30,045 $6,609 $23,436
2018 $5,954 $30,045 $6,609 $23,436
2017 $7,888 $36,516 $5,906 $30,610
2016 $7,314 $36,516 $5,906 $30,610
2015 $6,691 $36,516 $5,906 $30,610
2014 $6,917 $37,281 $5,625 $31,656
2013 $6,780 $37,281 $5,625 $31,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Price Changed $549,900 -4.3% $83 / Sq Ft
11/19/2025 11/19/25 Price Changed $574,900 -4.2% $87 / Sq Ft
10/15/2025 10/15/25 Price Changed $599,900 0.0% $90 / Sq Ft
10/15/2025 10/15/25 For Sale $599,900 -- $90 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12466068

Midwest Real Estate Data (MRED)

APN: 16141110340000