$825,000
PENDING

Estimated payment $6,147/month

Total Views 643
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Courtyard
  • Hot Water Heating System

About This Home

The property is a 15-unit corner courtyard apartment building located in Chicago's South Shore neighborhood. Spacious 2-bedroom & 1 bath units. Multiple units have been renovated. Ten out of the fifteen are occupied. Current rents are below market rate. Great investment with some improvement needed. Newer windows were installed around 2015, and a new boiler system was installed in 2023. Each unit has individual circuit breakers. There is a full basement with a maintenance storage room. Eleven parking spaces behind the building. The owner is selling "as is".

Listing Agent

Sandra Rodriguez

HomeSmart Realty Group License #475149507 Listed on: 07/29/2025

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,015

Year Built

  • Built in 1960

Lot Details

  • 3,125 Sq Ft Lot
  • Corner Lot
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Additional Features

  • 3-Story Property
  • Courtyard
  • Hot Water Heating System

Community Details

Overview

  • 15 Units

Building Details

  • Electric Expense $1,981
  • Fuel Expense $12,814
  • Insurance Expense $2,200
  • Maintenance Expense $7,500
  • Manager Expense $8,916
  • Trash Expense $2,790
  • Water Sewer Expense $7,930
  • Operating Expense $86,341
  • Gross Income $133,500
  • Net Operating Income $23,802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,015

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Courtyard
  • Stories: 3
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Refrigerators: 10
  • Ranges: 10
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 825000
  • Roof: Composition

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water

Condo/Co-op/Association

  • Manager Expense: 8916
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2790
  • Water Sewer Expenses: 7930
  • Janitor Expense: 5100
  • Operating Expense Includes: Gardener,Maintenance,Manager,Pest Control,Professional Management,Snow Removal,Supplies,Trash,Utilities,Water/Sewer,Electricity,Real Estate Tax

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 3125
  • Lot Size Sq Ft: 3125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Leases

Building Info

  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 23802
  • Fuel Expense: 12814
  • Insurance Expense: 2200
  • ElectricExpense: 1981
  • GrossIncome: 133500
  • Maintenance Expense: 7500
  • NumberOfUnitsTotal: 15
  • OperatingExpense: 86341
  • Expense Year: 2024
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 21015
  • Tax Year: 2023

Map

Range of Values:

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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
08/03/2025 08/03/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $825,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12432695

Midwest Real Estate Data (MRED)