$385,000

Estimated payment $2,379/month

Total Views 486
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor's Dream! Don't miss this opportunity to own a spacious and well-maintained 2-unit property offering immediate rental income. Both units are currently tenant-occupied, providing instant cash flow for the savvy investor. The second-floor unit features a bright and airy 3-bedroom layout filled with natural light. The first-floor unit is a modern 3-bedroom apartment with updated finishes, including stainless steel appliances. The basement offers an additional area with a bedroom, half bath, and washer/dryer - perfect for expanding the first-floor unit into a duplex-down or utilizing as additional living or recreational space. Enjoy the expansive backyard and 2-car garage, ideal for outdoor entertaining and convenient parking. Situated near public transportation, shopping, and dining, with easy access to downtown. Just minutes from the lakefront, the upcoming Obama Presidential Library, and the future Tiger Woods-designed golf course - making this a prime and appreciating location to invest in!

Listing Agent

Reggie Eaton

Park Place Realty Group LLC License #475196936 Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1951 | Remodeled in 2019

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x125

Community Details

  • 2 Units
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,954

Year Built

Built in 1951 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • List Price: 385000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 37800
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2954
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/21/2025 07/21/25 For Sale $385,000 +30.5% --
02/09/2022 02/09/22 Sold $295,000 +1.7% --
12/29/2021 12/29/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $290,000 +258.0% --
06/26/2018 06/26/18 Sold $81,000 0.0% --
06/14/2018 06/14/18 Pending -- -- --
06/13/2018 06/13/18 Off Market $81,000 -- --
06/12/2018 06/12/18 For Sale $69,900 -13.7% --
06/12/2018 06/12/18 Off Market $81,000 -- --
05/30/2018 05/30/18 For Sale $69,900 -13.7% --
11/07/2017 11/07/17 Pending -- -- --
10/26/2017 10/26/17 Off Market $81,000 -- --
10/02/2017 10/02/17 Price Changed $69,900 -12.5% --
09/25/2017 09/25/17 Price Changed $79,900 -11.1% --
08/28/2017 08/28/17 For Sale $89,900 0.0% --
08/28/2017 08/28/17 Price Changed $89,900 -5.3% --
08/14/2017 08/14/17 Pending -- -- --
07/10/2017 07/10/17 Price Changed $94,900 -13.6% --
07/05/2017 07/05/17 For Sale $109,900 +35.7% --
06/27/2017 06/27/17 Off Market $81,000 -- --
06/12/2017 06/12/17 Price Changed $109,900 -8.3% --
05/08/2017 05/08/17 Price Changed $119,900 -7.7% --
03/29/2017 03/29/17 For Sale $129,900 -- --
Source: Midwest Real Estate Data (MRED)

Similar Homes in Chicago, IL

  • 7240 S Langley Ave, Chicago, IL 60619

    $285,000

    • 5 Beds
    • 2 Baths
    • 7240 S Langley Ave
    • Chicago, IL

    This exceptional investor property features two units, making it a perfect opportunity for those looking to expand their portfolio. Located in growing neighborhood, the property offers consistent rental income potential with its spacious layout and prime location. Each unit boasts generous living spaces, updated kitchens, and ample natural light, offering tenants a comfortable and attractive

    Rafay Qamar Real Broker LLC

    Section Image
  • 7943 S Vernon Ave, Chicago, IL 60619

    $299,999

    • 9 Beds
    • 3 Baths
    • 7943 S Vernon Ave
    • Chicago, IL

    Unlock the Potential! This rare 3-unit property offers a unique investment opportunity in a prime location. With 3 spacious 3-bed/1-bath units, additional space in the full basement, there's strong income potential once renovated. While the property needs some TLC, it features solid bones, separate electrical, an under 10 year boiler, a fully fenced in, cemented with drain backyard and classic

    Tamika Bishop Coldwell Banker Realty

    Section Image
  • 6621 S Marquette Dr, Chicago, IL 60637

    $400,000

    • 6 Beds
    • 2 Baths
    • 6621 S Marquette Dr
    • Chicago, IL

    Renovated Two-Unit Greystone in West Woodlawn! This classic Chicago Greystone features two spacious 3 bed, 1 bath units, each updated with hardwood floors, stainless steel appliances, countertops, and modern finishes. Renovated in 2024 before the current tenants moved in. Underground plumbing replaced and updated in 2023 from the building to street. The unfinished basement offers potential for a

    Devin Burks @properties Christie's International Real Estate

    Section Image
  • 7305 S Harvard Ave, Chicago, IL 60621

    $350,000

    • 6 Beds
    • 3 Baths
    • 7305 S Harvard Ave
    • Chicago, IL

    Don't miss out on this incredible money-maker! This spacious multi-family home is now available-and it won't last long. Nestled in a desirable neighborhood, this property features two generous 3-bedroom units, making it ideal for investors looking for strong rental income or for those seeking a flexible layout for multi-generational living. Sitting proudly on a rare double lot, this home provides

    Rafay Qamar Real Broker LLC

    Section Image
  • 6932 S Green St, Chicago, IL 60621

    $429,900

    • 7 Beds
    • 2 Baths
    • 6932 S Green St
    • Chicago, IL

    Welcome to this beautifully updated multi-unit property in the heart of Englewood. Fully renovated in 2020, this home features gleaming hardwood floors throughout, updated kitchens, modern baths, and thoughtful finishes that blend comfort with style. Each unit offers spacious layouts filled with natural light, while the unfinished basement is a blank canvas with a roughed-in bathroom, perfect

    LaToya Moore Baird & Warner

    Section Image
  • 817 W 54th St, Chicago, IL 60609

    $289,000

    • 6 Beds
    • 2 Baths
    • 817 W 54th St
    • Chicago, IL

    Solid Brick Two-Unit Income Property in New City! This well-maintained building features two spacious 3-bedroom units, each offering a bright living room, formal dining room, and full bath. Updated mechanicals and separate heating systems mean tenants pay all utilities-a smart setup for investors or owner-occupants seeking added income. The full open basement currently serves as the laundry and

    Tamika Marks Trademarks & Associates

    Section Image
  • 6927 S Hermitage Ave, Chicago, IL 60636

    $349,500

    • 8 Beds
    • 3 Baths
    • 6927 S Hermitage Ave
    • Chicago, IL

    This Recently Renovated (2020) 2 flat + Garden offers flexibility to the investor that adds this property to their portfolio. With one unit newly vacant and freshly painted - FHA or owner occupied Buyers are welcomed! The two occupied units are current and at or near Market Rates w/ MTM leases. This building has been well maintained to date, all three units feature Condo Quality Finishes, SS

    Brandy Bell Baird & Warner

    Section Image
  • 5726 S Elizabeth St, Chicago, IL 60636

    $389,999

    • 5 Beds
    • 2 Baths
    • 5726 S Elizabeth St
    • Chicago, IL

    Discover this completely rehabbed 2-unit brick building in West Englewood. Gutted down to the studs, this property boasts brand new everything-roof, electrical, plumbing, and more! Rest peacefully knowing all city permits were pulled. Unit 1 (Duplex-Down): A spacious 2-bedroom, 1-bath layout with hardwood flooring, elegant wainscoting, and a modern kitchen featuring stainless steel appliances.

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 5412 S Wood St, Chicago, IL 60609

    $344,900

    • 6 Beds
    • 2 Baths
    • 5412 S Wood St
    • Chicago, IL

    Welcome to 5412 S Wood St, Chicago, IL! This impressive 2-unit property offers a fantastic opportunity for both investors and owner-occupants seeking versatile living spaces and investment potential. Each unit features 3 bedrooms and 1 bathroom, providing comfortable and functional layouts for modern living. The unique feature of each unit having its own furnace and washer and dryer adds to

    Jerry Goodwin Coldwell Banker Realty

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12424771

Midwest Real Estate Data (MRED)