$575,000

Estimated payment $3,595/month

4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Soaking Tub

About This Home

Great investment opportunity in Portage Park! This well-maintained corner lot 2-flat offers exceptional value for both owner-occupants and investors. The first floor has newer stainless steel appliances, a range hood, and an in-unit washer and dryer. The second floor was fully updated in 2019 and has been well maintained. The property includes a 2-car garage, plenty of free street parking, and a private backyard-ideal for tenants or an owner-occupant. The building is fully occupied with stable tenants. The second-floor lease expires 6/30/26. Located steps from parks, shops, restaurants, public transit and schools, this two-flat provides an outstanding long-term investment in a desirable Portage Park location.

Listing Agent

Russell Rantz

Green Ivy Realty & Prop Mgmt License #471014209 Listed on: 03/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,233

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Bungalow
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,233

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1925
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Construction Materials: Vinyl Siding, Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 3250
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7233
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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 $5,973 $36,000 $11,375 $24,625
2024 $5,973 $36,000 $11,375 $24,625
2023 $5,823 $28,310 $9,100 $19,210
2022 $5,823 $28,310 $9,100 $19,210
2021 $6,435 $32,000 $9,100 $22,900
2020 $4,823 $21,651 $4,062 $17,589
2019 $5,000 $24,887 $4,062 $20,825
2018 $4,916 $24,887 $4,062 $20,825
2017 $5,517 $25,627 $3,575 $22,052
2016 $5,491 $27,417 $3,575 $23,842
2015 $5,024 $27,417 $3,575 $23,842
2014 $4,428 $23,868 $3,250 $20,618
2013 $4,341 $23,868 $3,250 $20,618
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2026 03/13/26 For Sale $575,000 +67.2% --
01/28/2021 01/28/21 Sold $344,000 +5.8% -- View Prior Sale
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12588254

Midwest Real Estate Data (MRED)
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