$325,000

Estimated payment $2,026/month

Total Views 23,904
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Entrance Foyer
  • Forced Air Heating System
  • Greystone Architecture

About This Home

Investor opportunity in a classic Chicago greystone 2-flat with two occupied, updated 3-bedroom, 1-bath units generating current scheduled rents of $3,350 per month. Extensively improved in 2024, both units feature updated kitchens and baths, newer flooring and lighting, and forced-air heat. Full gutted garden-level basement with exterior access provides additional unfinished storage or improvement potential, subject to buyer due diligence and applicable city requirements. Additional features include an improved rear yard with newer concrete walkway and turf, separate electric meters for each occupied unit, plus common-area electric service. Tenant occupied and being sold as-is. Ideal opportunity for an investor seeking existing income in a character-rich multifamily property.

Listing Agent

John Kubota

Real Broker LLC Brokerage Phone: (847) 769-4791 License #475195136 Listed on: 06/01/2026

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 1898 | Remodeled in 2024

Home Design

  • Greystone Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

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

Additional Features

  • Entrance Foyer
  • Lot Dimensions are 25x125

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $2,000
  • Trash Expense $336
  • Water Sewer Expense $720
  • Gross Income $40,200
  • Net Operating Income $33,227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,617

Year Built

Built in 1898 | Remodeled in 2024

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (847) 769-4791
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Unfinished, Exterior Entry, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Foyer
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Fireplace-Wood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No

Utilities

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

Fee Information

  • Trash Expense: 336
  • Water Sewer Expenses: 720
  • Trash Expense Year: 2026

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 33227
  • Insurance Expense: 2000
  • ElectricExpense: 300
  • GrossIncome: 40200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3616.58
  • Tax Year: 2024
  • Tax Exemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $844 $18,001 $938 $17,063
2024 $844 $18,001 $938 $17,063
2023 $823 $4,001 $1,563 $2,438
2022 $823 $4,001 $1,563 $2,438
2021 $804 $3,999 $1,562 $2,437
2020 $1,551 $6,961 $2,343 $4,618
2019 $1,589 $7,911 $2,343 $5,568
2018 $1,563 $7,911 $2,343 $5,568
2017 $3,055 $14,192 $2,031 $12,161
2016 $2,843 $14,192 $2,031 $12,161
2015 $2,601 $14,192 $2,031 $12,161
2014 $2,462 $13,268 $1,875 $11,393
2013 $2,413 $13,268 $1,875 $11,393
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $190,000 National Title
Special Warranty Deed $20,500 Forum Title Insurance Co
Legal Action Court Order -- Attorneys Title Guaranty Fun
Warranty Deed $260,000 Tristar Title Llc
Warranty Deed $147,000 Chicago Title Insurance Comp
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $164,326 FHA
Previous Owner $247,000 Commercial
Source: Public Records

About the Listing Agent

John Kubota

Real Broker LLC

(872) 259-4423

Section Image

With a background in corporate sales and years of entrepreneurial experience, I bring a results-driven and client-first approach to real estate. My journey includes running a successful painting business, flipping homes, and managing a contracting company — giving me a 360° view of the real estate process.

I use this expertise to help sellers maximize their home’s value and navigate a smooth, stress-free sale. From touch-ups to full-scale renovations, my team and I handle it all, making

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12663546

Midwest Real Estate Data (MRED)
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