$440,000

Estimated payment $2,592/month

Total Views 1,425
9 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Community
  • Enclosed Patio or Porch
  • Senior Tax Exemptions
  • 2 Car Detached Garage
  • Two Heating Systems

About This Home

Excellent investment opportunity in the heart of South Chicago! This solid 3-unit building offers strong income potential and long-term value for both seasoned investors and owner-occupants. First floor front unit offers 1 bedroom and 1 bath. First floor rear unit offers 3 bedrooms and 1 bath. While the second floor unit offers 5 bedrooms 1 and half bathrooms, living room and 2 dining rooms, or 2 living rooms and 1 dining room, your choice with the spacious layout with bright living areas. The property provides a versatile setup-live in one unit while renting out the others, or maximize cash flow by leasing all three. The building sits on a quiet, residential block and includes a large backyard space perfect for outdoor enjoyment as the property sits on 3 lots, along with convenient parking options. With separate utilities and well-proportioned units, this property is ideal for easy management and consistent rental income. The roof was done in 2018 and water heaters replaced in the last 3-5 years. Located near schools, parks, shopping, and public transportation, tenants will appreciate the accessibility and neighborhood feel. Easy access to major roadways makes commuting a breeze. In addition to the proximity of only 5 minute drive to QUANTUM SHORE which is a project that is expected to bring thousands of jobs the next decade. Whether you're looking to expand your portfolio or secure a multi-unit property with great upside, this is a fantastic opportunity you won't want to miss!

Listing Agent

Miguel Sanchez

Ruiz Realty, Inc. License #471020892 Listed on: 03/31/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1891

Lot Details

  • Lot Dimensions are 75 x 138.6
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Mireles Elementary School Academ
  • Bowen High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Community Details

  • 3 Units
  • Gated Community

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1891

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1891
  • 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
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Room Type: Enclosed Porch
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Frame, Other
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Space Heater, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Gated

Schools

  • Elementary School: Mireles Elementary School Academ
  • High School: Bowen High School
  • Middle/Junior School: Mireles Elementary School Academ

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 75 X 138.6
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2917.2
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

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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
03/31/2026 03/31/26 For Sale $440,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12605908

Midwest Real Estate Data (MRED)
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