$510,000
PENDING $10K PRICE DROP

Estimated payment $2,935/month

Total Views 2,461
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime investment opportunity awaits! Located in a highly sought-after area, this solid brick two-unit property is being beautifully renovated and days away from move-in ready! Featuring a total of 7 bedrooms and 3 bathrooms, this immaculate, thoughtfully designed home offers ample space and versatility. Live in one unit and rent the other, or generate substantial rental income. Fenced lot and lower level laundry. 2 car parking in the back. Best of all, you can utilize $20,000 in free money through the developer program, making this an unmissable chance to build wealth! A must see!

Listing Agent

Richard Harnik

First Midwest Realty LLC License #475156601 Listed on: 04/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1903 | Remodeled in 2025

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,709

Year Built

Built in 1903 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • New Construction Y/N: No
  • MRD_WaterViewYN: No
  • Special Features: 4224
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • List Price: 510000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1709
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $1,709 -- -- --
2023 $1,709 -- -- --
2022 $1,709 -- -- --
2021 $1,709 $8,499 $4,023 $4,476
2020 $3,036 $13,630 $3,599 $10,031
2019 $3,112 $15,489 $3,599 $11,890
2018 $3,060 $15,489 $3,599 $11,890
2017 $3,388 $19,114 $3,176 $15,938
2016 $3,328 $19,114 $3,176 $15,938
2015 $3,022 $19,114 $3,176 $15,938
2014 $2,464 $15,850 $2,964 $12,886
2013 $2,404 $15,850 $2,964 $12,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $510,000 -1.0% --
05/24/2025 05/24/25 Price Changed $515,000 -1.0% --
04/18/2025 04/18/25 For Sale $519,999 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Warranty Deed $18,000 Old Republic Title
Quit Claim Deed -- Old Republic Natl Ttl Ins Co
Warranty Deed $178,000 Pntn
Warranty Deed $67,000 Pntn
Warranty Deed -- --
Special Warranty Deed $52,000 --
Legal Action Court Order -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 New Conventional
Previous Owner $208,050 Unknown
Previous Owner $176,234 FHA
Source: Public Records

Similar Homes in Chicago, IL

  • 5062 W Adams St, Chicago, IL 60644

    $375,000

    • 6 Beds
    • 2 Baths
    • 5062 W Adams St
    • Chicago, IL

    Welcome to this beautifully maintained two unit building perfect for owner occupants looking to build wealth while keeping housing costs low. Each unit features 3 bedrooms and 1 bathroom with spacious layouts, and a partially finished basement offers additional space for storage, a home gym, or future expansion. Live in one unit and rent out the other to help cover your mortgage. The second floor

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 5426 W Jackson Blvd, Chicago, IL 60644

    $550,000

    • 6 Beds
    • 4 Baths
    • 5426 W Jackson Blvd
    • Chicago, IL

    WELCOME! Secure your next income property today! Check Out This Versatile 2-Unit Property now available for sale in Chicago, Austin Area with Income Potential while you live in one unit and rent the other. But... wait, you still have great potential to create a 3rd unit in the basement creating more income while also adding more value to the property. Perfect for homeowners looking for

    Camille Harris Coldwell Banker Realty

    Section Image
  • 4251 W Jackson Blvd, Chicago, IL 60624

    $415,000

    • 7 Beds
    • 2 Baths
    • 4251 W Jackson Blvd
    • Chicago, IL

    Welcome to Jackson. This solid brick 2-unit building features two spacious units - perfect for investors or multigenerational living. The first-floor unit offers 3 bedrooms and 1 full bath, currently leased to a reliable tenant. The second-floor unit, previously owner-occupied, boasts 4 bedrooms and 1 full bath with generous living space and natural light. Both units feature separate utilities

    Sohe Reyes Smart Home Realty

    Section Image
  • 2236 W Monroe St, Chicago, IL 60612

    $615,000

    • 6 Beds
    • 3 Baths
    • 2236 W Monroe St
    • Chicago, IL

    LOCATION, LOCATION, LOCATION: SOLID Brick Unique Oversized Multi Units in The very desirable United Center Neighborhood. Each unit boasts 3 large bed rooms. First floor unit duplexed down to full basement; offers 2 full baths, a large kitchen w pantry and heated enclosed porch room. First bedroom feature a Jack and Jill bath. Tall Ceilings with plenty of windows & naural light throughout.

    Gloria Spencer Baker-Spencer Realty, LLC

    Section Image
  • 2014 N Western Ave, Chicago, IL 60647

    $579,900

    • 6 Beds
    • 3 Baths
    • 2014 N Western Ave
    • Chicago, IL

    Rare two-flat with in-law unit in prime Chicago location! Situated on B3-2 zoning, this property offers excellent redevelopment potential-whether as a retail storefront with residential units above or other mixed-use possibilities. Property is in need of TLC and is priced accordingly. Home has been professionally appraised and will be sold as-is. Excellent access to I-90/94, the Blue Line, and

    Karina Hiselman Compass

    Section Image
  • 2814 W 25th Place, Chicago, IL 60623

    $390,000

    • 5 Beds
    • 3 Baths
    • 2814 W 25th Place
    • Chicago, IL

    Perfect for the savvy Investor! Rehabbed Brick 2 flat! 1st floor offers 3 bedrooms, 1.5 baths, spacious living room and kitchen. Currently rented. The second floor unit offers 2 bedrooms, 1 bath, living room and dining room. The unfinished attic space is ideal for a duplex up for an additional bedroom, living space or storage. Currently rented. New flooring throughout. 2022 and 2023 new

    Rafay Qamar Real Broker LLC

    Section Image
  • 5443 S Nottingham Ave, Chicago, IL 60638

    $509,000

    • 5 Beds
    • 3 Baths
    • 5443 S Nottingham Ave
    • Chicago, IL

    DESIREABLE GARFIELD RIDGE. LEGAL 2 UNIT. 3 BEDROOM 1ST FLOOR. 2 BEDROOMS ON 2ND FLOOR. TOTAL 3 BATHROOMS WITH BATHROOM IN BASEMENT. BASEMNT IS FINISHED AND HAS KITCHEN. GREAT FOR FAMILY ENTERTAINMENT OR STORAGE. NEWER GARAGE WITH PARTY DOOR TO FENCED BACKYARD. CLOSE TO SCHOOLS, SHOPPING., TRANSPORTATION, & AIRPORT.HOUSE IS BEING SOLD AS IS BUT HAS GREAT BONES. CALL AND MAKE YOUR APPOINTMENT.

    John Wanda Century 21 Circle

    Section Image
  • 5208 S Paulina St, Chicago, IL 60609

    $529,000

    • 9 Beds
    • 6 Baths
    • 5208 S Paulina St
    • Chicago, IL

    Incredible investment property featuring 3 apartments plus basement fully rehabbed with permitted work. Property offers not just a home but a wise investment for your future!. Highlights include new furnaces for each unit, new water heaters , new kitchen cabinets and appliances, remodeled bathrooms, new floors and new porch. It presents occupant/investor with the opportunity to take hold of a

    Bill Eliopoulos Cosmos Realty Investors, Inc.

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12341776

Midwest Real Estate Data (MRED)

APN: 16-09-207-015-0000