$725,000

Estimated payment $5,628/month

Total Views 809
-- Bed
-- Bath
13,205 Sq Ft
$55 Price per Sq Ft

About This Home

Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.

Listing Agent

Edgar Zelaya

eXp Realty Brokerage Phone: (773) 510-7584 License #475159638 Listed on: 03/25/2026

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,086

Year Built

  • Built in 1926

Lot Details

  • 7,158 Sq Ft Lot
  • Lot Dimensions are 50 x 143

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 13,205 Sq Ft Home
  • 3-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service

Listing and Financial Details

  • The owner pays for trash collection, management, varies by tenant, sewer, water, common area maintenance, insurance, janitorial service, taxes, scavenger

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $565
  • Fuel Expense $11,046
  • Insurance Expense $16,905
  • Maintenance Expense $6,520
  • Trash Expense $1,638
  • Water Sewer Expense $7,596
  • Operating Expense $65,355
  • Gross Income $125,400
  • Net Operating Income $61,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,086

Year Built

Built in 1926

Lot Details

7,158 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (773) 510-7584
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • OwnerPays: Trash Collection, Management, Varies by Tenant, Sewer, Water, Common Area Maintenance, Insurance, Janitorial Service, Taxes, Scavenger
  • Fire Protection: None
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Heat/Ventilation: Forced Air,Radiators

Fee Information

  • Trash Expense: 1638
  • Water Sewer Expenses: 7596

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50 x 143
  • Lot Size Sq Ft: 7158

Rental Info

  • Tenant Pays: Electricity, Varies by Tenant
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 13205

Multi Family

  • Net Operating Income: 61245
  • Fuel Expense: 11046
  • Insurance Expense: 16905
  • ElectricExpense: 565
  • GrossIncome: 125400
  • Maintenance Expense: 6520
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 65355
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 21085.76
  • Tax Year: 2024

Map

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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 $12,967 $81,782 $5,369 $76,413
2024 $12,967 $81,782 $5,369 $76,413
2023 $12,542 $49,610 $8,948 $40,662
2022 $12,542 $49,610 $8,948 $40,662
2021 $12,353 $49,608 $8,947 $40,661
2020 $16,882 $62,631 $6,442 $56,189
2019 $17,265 $71,172 $6,442 $64,730
2018 $17,036 $71,172 $6,442 $64,730
2017 $19,084 $74,485 $5,726 $68,759
2016 $17,827 $74,485 $5,726 $68,759
2015 $16,499 $74,485 $5,726 $68,759
2014 $13,408 $59,671 $5,010 $54,661
2013 $13,142 $59,671 $5,010 $54,661
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2026 03/25/26 For Sale $725,000 -- $55 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12602864

Midwest Real Estate Data (MRED)

APN: 20342010010000

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