$770,000

Estimated payment $4,520/month

Total Views 4,100
12 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Landscaped Professionally
  • Property is near park
  • Paved or Partially Paved Lot
  • Deck
  • Soaking Tub

About This Home

MUST SEE LEGAL (3) UNIT MULTI-FAMILY WITH A CAP RATE OF 8.4 Come take a look at this absolutely stunning Washington Park/Bronzeville ((LEGAL 3 unit)). These units are absolutely massive with roughly 2,000+ sqft per unit with 11 ft ceilings and great layouts throughout the entire property.. The Top floor unit is a 4 bed 2 bath with an Entire Laundry room and everything in that unit is just a couple years old with Newer carpet in the bedrooms, newer appliances, painted in 2024 & a New fridge. The 2nd floor was just fully refinished as of August 2025, and that unit is a 4 bed 1 bath with a full laundry closet, all new floors throughout that unit, new vanity, new lights, new backsplash in the kitchen. And the 1st floor is a 4 bed 2 bath with an Entire laundry closet, the floors were stripped and refinished in 2024, painted the cabinets, new backsplash, updated bathrooms, newer furnace and newer appliances.. The entire building has been updated and the second floor was just recently finished as of August of 2025. The property sits comfortably near the upcoming Obama Presidential Center which is just a few minutes away. Tons of cultural and community activities around. Great for sports lovers as White Sox stadium is super close. Great for outdoor recreation as the property is very close to the lake for local beaches and use of all the local parks in the area.

Listing Agent

David Mishel

Compass License #475159283 Listed on: 11/19/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,252

Year Renovated

  • 2025

Lot Details

  • Lot Dimensions are 125x25
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • Stubbed For A Bathroom

Parking

  • 3 Parking Spaces
  • Parking Available
  • Off Alley Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Window Screens
  • Deck
  • Property is near park

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $3,000
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • Gross Income $84,000
  • Net Operating Income $71,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,252

Year Renovated

2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Unfinished, Exterior Entry, Bath/Stubbed, Concrete, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 12
  • Window Features: Screens
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Range Hood,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Range Hood,Hardwood Floors,Walk-In Closet

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • OtherStructures: None
  • Patio And Porch Features: Deck
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Yes, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 2000
  • Trash Expense Year: 2024

Lot Info

  • Lot Dimensions: 125X25
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 71268
  • Insurance Expense: 3000
  • ElectricExpense: 480
  • GrossIncome: 84000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 6252
  • Tax Year: 2023

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 $6,562 $57,187 $17,374 $39,813
2024 $6,562 $57,187 $17,374 $39,813
2023 $6,396 $31,924 $17,374 $14,550
2022 $6,396 $31,924 $17,374 $14,550
2021 $6,252 $31,000 $17,374 $13,626
2020 $5,314 $23,855 $8,438 $15,417
2019 $5,446 $27,108 $8,438 $18,670
2018 $5,355 $27,108 $8,438 $18,670
2017 $5,745 $26,688 $6,949 $19,739
2016 $5,345 $26,688 $6,949 $19,739
2015 $4,890 $26,688 $6,949 $19,739
2014 $1,613 $8,694 $5,956 $2,738
2013 $3,574 $19,650 $5,956 $13,694
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2025 11/19/25 For Sale $770,000 +18.5% --
05/12/2023 05/12/23 Sold $650,000 -3.7% -- View Prior Sale
04/12/2023 04/12/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $675,000 0.0% --
11/21/2022 11/21/22 Pending -- -- --
10/23/2022 10/23/22 Price Changed $675,000 -6.9% --
10/01/2022 10/01/22 For Sale $725,000 +70.6% --
02/08/2019 02/08/19 Sold $425,000 -5.5% -- View Prior Sale
12/20/2018 12/20/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $449,900 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12520924

Midwest Real Estate Data (MRED)