$1,200,000

Estimated payment $7,502/month

Total Views 2,477
11 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Community
  • Enclosed patio or porch
  • Intercom
  • Lower Floor Utility Room
  • Bidet
  • Forced Air Heating System

About This Home

Welcome to Devon Avenue's Little India neighborhood! This unique Legal 4-Unit building on an over-sized lot has been completely renovated and all leased out! Currently generating $100,800/annually giving it an amazing 8-cap rate for your investment! Garden, 1st, and 3rd floor units are all 3BD/1BA units while the 2nd floor unit is a nicely split 2BD/2BA unit. Each unit has been intricately enhanced with stainless steel appliances, quartz countertops, European cabinets, hardwood floors throughout, and stacked washer and dryers! Each bathroom has been renovated and modernized. The building and units are all on a keyless entry system for better security as well as a very welcoming back common yard prepped for your pets with an enclosed new fence. We cannot forget the 3-Car brick garage with and EV Charger already installed and ready to be utilized.

Listing Agent

Feras Abbas

Jameson Sotheby's Intl Realty License #475184721 Listed on: 07/08/2025

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,183

Year Built

  • Built in 1929 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage
  • Parking Included in Price

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms
  • Bidet
  • Separate Shower

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Building Details

  • Insurance Expense $1,400
  • Trash Expense $200
  • Water Sewer Expense $230
  • Gross Income $100,800
  • Net Operating Income $82,457

Additional Features

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,183

Year Built

Built in 1929 | Remodeled in 2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Bathroom Amenities: Separate Shower,Bidet
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner,Range Hood,Walk-In Closet
  • Room: 6

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 1200000
  • OtherStructures: Garage(s)
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 200
  • Water Sewer Expenses: 230

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 82457
  • Insurance Expense: 1400
  • GrossIncome: 100800
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11183
  • Tax Year: 2023
  • Tax Exemptions: None

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 Change Sq Ft Price
07/08/2025 07/08/25 For Sale $1,200,000 +67.8% --
04/09/2021 04/09/21 Sold $715,000 +3.6% $477 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $690,000 +38.0% $460 / Sq Ft
06/30/2016 06/30/16 Sold $499,901 0.0% $333 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $499,900 -- $333 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12413700

Midwest Real Estate Data (MRED)

APN: 14-06-102-015-0000