$999,000

Estimated payment $6,450/month

Total Views 518
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This is a GREAT opportunity to acquire a LEGAL 5-UNIT property composed of three 2-bedroom, 1.5-bath units and two 1-bedroom, 1-bath units. Currently producing around $73,000 per year in gross income, this building offers significant upside potential as rents remain well below market levels. Located in a stable residential enclave with convenient access to retail corridors, public transit, and local parks, it appeals to both long-term residents and investors seeking strong fundamentals. The structure features solid brick construction and zoning that allows for versatile residential use. Its close proximity to major roads enhances tenant accessibility while supporting future value growth. This property is offered as is.

Listing Agent

Anna Sophia Chacon

Charles Rutenberg Realty of IL License #475183966 Listed on: 07/20/2025

Charles Rutenberg Realty of IL

Co-Listing Agent

Mariano Rotondo

Charles Rutenberg Realty License #475212550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,063

Year Built

  • Built in 1967

Additional Features

  • 3-Story Property
  • Baseboard Heating

Community Details

  • 5 Units
  • Gross Income $76,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,063

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 999000

Utilities

  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4,092 PIES CUADRADOS

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 76200
  • NumberOfUnitsTotal: 5
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11062.66
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
07/20/2025 07/20/25 For Sale $999,000 -- --
Source: Midwest Real Estate Data (MRED)

Similar Home in Chicago, IL

  • 3322 S Parnell Ave, Chicago, IL 60616

    $1,175,000

    • 2 Beds
    • 2 Baths
    • 3322 S Parnell Ave
    • Chicago, IL

    3328 s Parnell is an oversized Frame 2-Flat with walking distance to Guaranteed Rate Field and Armor Square Park. Each unit with 3 bedrooms and 1 bath with garage. Also the listing price include 2 vacant lots (3326 and 3322 S Parnell ) see map for details. Note: can buy the 2 units apartment separately or have to buy the 2 units apartment plus 2 vacant lots all together .

    Rowena Cheng Richland Global Inc

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12425166

Midwest Real Estate Data (MRED)

APN: 13011150070000