$679,000

Estimated payment $4,089/month

Total Views 90,927
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Forced Air Heating System
  • 4-minute walk to Central Park
  • Contemporary Architecture

About This Home

This is a great House Hack to building generational wealth or just add a solid building to your portfolio. Each unit is 2 beds 1 bath, all with floors all sanded and stained over 1 year ago, newer stainless steal steel appliances, granite counter tops. Bathrooms all updated approx 4 years ago. Entire back deck was removed and replaced last summer with full plans and permits. Newer roof and Tuckpointing all completed. Full basement with great height and would easily qualify for 1-2 ADU (additional dwelling) this could be a 6 unit with some work, currently just open unfinished basement with coin op laundry. Both from units floors 1-2 are currently rented out for $1,300 per month and back second floor is rented for $1,250 per month. 1st floor back unit is currently available for owner occupant to move in, or we have multiple people interested in moving in 1/1-1/15. Currently showing 1st floor back unit and if serious will make arrangements with the other 3 units.

Listing Agent

Timothy Rhoten

Red Carpet Investment Group In License #471007578 Listed on: 12/10/2025

Co-Listing Agent

Irina Bugatova

Red Carpet Investment Group In License #475190051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,246

Year Built

  • Built in 1895

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Off Alley Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

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

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $54
  • Insurance Expense $3,878
  • Trash Expense $936
  • Water Sewer Expense $936
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,246

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Yes, Owned
  • ParkingTotal: 3

Utilities

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

Fee Information

  • Trash Expense: 936
  • Water Sewer Expenses: 936
  • Trash Expense Year: 936

Lot Info

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

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 3878
  • ElectricExpense: 54
  • GrossIncome: 62400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6246
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Prior Sale
12/10/2025 12/10/25 For Sale $679,000 +35.8% --
08/21/2024 08/21/24 Sold $500,000 +4.2% $156 / Sq Ft View Prior Sale
08/20/2024 08/20/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $480,000 +4.3% $150 / Sq Ft
05/12/2023 05/12/23 Sold $460,000 0.0% $143 / Sq Ft View Prior Sale
01/25/2023 01/25/23 Off Market $460,000 -- --
12/26/2022 12/26/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $475,000 +143.6% $148 / Sq Ft
05/11/2018 05/11/18 Sold $195,000 -22.0% $61 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $250,000 -- $78 / Sq Ft
Source: Midwest Real Estate Data (MRED)

About the Listing Agent

Timothy Rhoten

Red Carpet Investment Group In

(312) 766-7364

Section Image

As Managing Broker and Sole Owner of Red Carpet Realty and Rentals Timothy brings over 20 years of experience in the field and was born into the Real Estate Industry with both parents having Sold and owned Real Estate.

Tim prides himself on providing the finest service available in the real estate industry through blending cutting edge marketing platform and strong international affiliate network with his 16+ years of market knowledge, promotion and negotiating expertise.

Tim’s

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    • 3 Beds
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  • 13901 S Michigan Ave, Riverdale, IL 60827

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  • 283 Allegheny St, Park Forest, IL 60466

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12530607

Midwest Real Estate Data (MRED)

APN: 16023300330000