$399,900

Estimated payment $2,608/month

Total Views 6,187
-- Bed
-- Bath
4,800 Sq Ft
$83 Price per Sq Ft

About This Home

RARE FIND!!! Come see this beautiful 6 Unit building ready for maximum rental income potential!! All 6 Unit have a spacious layout, one bed, one bath. All have forced air units and many other updates have been done. You can also enjoy close proximity to Washington Park and Jackson Park, along with convenient access to the lakefront and outdoor recreation. Just minutes away, you'll find University of Chicago, the Museum of Science and Industry, and the future Obama Presidential Center, these are all major drivers of economic growth and neighborhood appreciation. You'll have easy access to the CTA Green Line, CTA Red Line and I-90/94 for a smooth commute into downtown Chicago. This strong rental demand driven by nearby employment hubs and continued development, this property presents an excellent opportunity for investors seeking cash flow and long-term appreciation, while still offering a comfortable and connected lifestyle for owner-occupants. Come check out soon before it's gone

Listing Agent

George Sierra

RE/MAX LOYALTY License #475163119 Listed on: 03/20/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,829

Year Built

  • Built in 1925

Lot Details

  • 5,375 Sq Ft Lot
  • Lot Dimensions are 43 x 125

Home Design

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

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,035
  • Fuel Expense $3,120
  • Insurance Expense $9,000
  • Other Expense $1,800
  • Trash Expense $4,200
  • Water Sewer Expense $2,640
  • Operating Expense $21,277
  • Gross Income $86,400
  • Net Operating Income $65,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,829

Year Built

Built in 1925

Lot Details

5,375 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: New Rehab
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof Structure: Flat

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 4200
  • Water Sewer Expenses: 2640

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 43 X 125
  • Lot Size Sq Ft: 5375
  • Zoning: MULTI

Building Info

  • BuildingAreaTotal: 4800

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 65123
  • Fuel Expense: 3120
  • Insurance Expense: 9000
  • ElectricExpense: 1035
  • GrossIncome: 86400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 21277
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 5828.75
  • Tax Year: 2024

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 $3,376 $29,012 $4,910 $24,102
2024 $3,376 $29,012 $4,910 $24,102
2023 $2,587 $16,000 $6,819 $9,181
2022 $2,587 $16,000 $6,819 $9,181
2021 $2,548 $15,999 $6,818 $9,181
2020 $3,087 $16,960 $6,818 $10,142
2019 $3,183 $19,273 $6,818 $12,455
2018 $3,128 $19,273 $6,818 $12,455
2017 $4,686 $25,145 $6,000 $19,145
2016 $4,788 $26,404 $6,000 $20,404
2015 $4,358 $26,404 $6,000 $20,404
2014 $4,600 $27,363 $4,909 $22,454
2013 $4,498 $27,363 $4,909 $22,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2026 03/20/26 For Sale $399,900 +412.7% $83 / Sq Ft
12/21/2015 12/21/15 Sold $78,000 -5.5% -- View Prior Sale
09/09/2015 09/09/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $82,500 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12597900

Midwest Real Estate Data (MRED)

APN: 20272210410000

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