$715,000

Estimated payment $4,191/month

8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Fenced
  • Paved or Partially Paved Lot
  • Ceiling Fan

About This Home

Hot Washington Park 3-Unit Graystone! Perfectly situated 1 mile from University of Chicago and 1.5 miles from Obama Library! This stunning 8 bed / 6 bath multi-family building was fully rehabbed in 2023 and offers incredible income potential with projected rents of $62,000 annually. Unit 1 will be delivered vacant at closing-perfect for owner-occupants or investors looking to place their own tenant! Each spacious unit features separate HVAC, electric, and water heaters, along with updated kitchens equipped with stainless steel appliances (stove, refrigerator, microwave, dishwasher) plus in-unit washer and dryer. Modern finishes throughout make this a true turnkey investment. Rear off-street parking adds extra convenience. FHA welcomed! Take advantage of this rare opportunity to own a beautifully renovated Graystone in rapidly developing Washington Park! Ideal for house-hackers or savvy investors!

Listing Agent

Nikia Evans

Keller Williams Preferred Rlty License #471018862 Listed on: 11/16/2025

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,080

Year Built

  • Built in 1908 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 30 x 161
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Parking Spaces
  • Alley Access
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Gas Water Heater

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,355
  • Gross Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,080

Year Built

Built in 1908 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Finished, Exterior Entry, Egress Window, Full
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Concrete
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt, Flat
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Lot Dimensions: 30 X 161
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 2355
  • GrossIncome: 62000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5080
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2025 11/16/25 For Sale $715,000 +186.0% --
06/10/2022 06/10/22 Sold $250,000 -9.1% -- View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $275,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12518912

Midwest Real Estate Data (MRED)