NOT LISTED FOR SALE
-- Bed
6 Baths
5,508 Sq Ft
8,010 Sq Ft Lot Lot

Sale Details

Date Sold: December 29, 2025

Last sale price $500,000 $91 Per Sq Ft

18 Days on Market

About This Home

As of December 2025

Exceptional opportunity to own a well-maintained 6-unit building in the desirable Chatham neighborhood of Chicago. This solid masonry property has been kept up-to-date with city requirements, making it a true turnkey investment. Each unit features separate meters and utilities, keeping operating costs in check and providing added value for investors. The building is fully leased and income-producing, offering a strong cap rate and steady cash flow. In addition, on-site coin-operated laundry machines provide extra income potential. Outside, the property boasts a large backyard perfect for tenant enjoyment, along with a rare 3-car garage, adding valuable parking and storage options. Conveniently located near public transit, shopping, parks, and schools, this is a prime neighborhood investment with long-term upside. Whether you're looking to expand your portfolio or secure your first multi-family, this property checks all the boxes for stability, income, and growth potential.

Last Agent to Sell the Property

Mauro Lopez

Century 21 Circle - Aurora License #475167452 Listed on: 09/27/2025

Century 21 Circle - Aurora

Co-Listed By

Diane Simmons

Century 21 Circle License #475141472

Last Buyer's Agent

Tabren Smith

EXIT Strategy Realty License #475194178

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1927

Lot Details

  • 8,010 Sq Ft Lot
  • Lot Dimensions are 50 x 160.2

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Utilities

  • Central Heating
  • Radiator
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,146
  • Fuel Expense $3,449
  • Insurance Expense $4,200
  • Maintenance Expense $2,200
  • Trash Expense $2,880
  • Water Sewer Expense $1,912
  • Operating Expense $21,087
  • Gross Income $73,740
  • Net Operating Income $55,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,338

Year Built

Built in 1927

Lot Details

8,010 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 2
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Brick/Mortar
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Central Bldg Heat,Radiators

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2880
  • Water Sewer Expenses: 1912

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50 X 160.2
  • Lot Size Sq Ft: 8010
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 55653
  • Fuel Expense: 3449
  • Insurance Expense: 4200
  • ElectricExpense: 1146
  • GrossIncome: 73740
  • Maintenance Expense: 2200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 21087
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 5338
  • Tax Year: 2023
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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 List to Sale Price per Sq Ft
12/29/2025 12/29/25 Sold $500,000 0.0% $91 / Sq Ft
11/25/2025 11/25/25 Off Market $500,000 -- --
10/15/2025 10/15/25 Pending -- -- --
09/27/2025 09/27/25 For Sale $525,000 -- $95 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,853 $37,901 $6,038 $31,863
2024 $4,853 $37,901 $6,038 $31,863
2023 $4,731 $23,000 $8,050 $14,950
2022 $4,731 $23,000 $8,050 $14,950
2021 $4,625 $23,000 $8,050 $14,950
2020 $3,726 $16,727 $6,440 $10,287
2019 $3,819 $19,008 $6,440 $12,568
2018 $3,755 $19,008 $6,440 $12,568
2017 $6,187 $28,741 $5,635 $23,106
2016 $5,757 $28,741 $5,635 $23,106
2015 $5,267 $28,741 $5,635 $23,106
2014 $4,500 $26,820 $4,830 $21,990
2013 $4,400 $26,820 $4,830 $21,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12482349

Midwest Real Estate Data (MRED)

APN: 20273120150000

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