$600,000

Estimated payment $4,128/month

12 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

Listing Agent

Rafay Qamar

Real Broker LLC Brokerage Phone: (773) 516-1111 License #475158420 Listed on: 12/22/2025

Real Broker LLC

Co-Listing Agent

Nemanja Nikolic

Real Broker LLC Brokerage Phone: (773) 516-1111 License #475212961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,696

Year Built

  • Built in 1894

Parking

  • 3 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 42.5 x 177.25
  • Guest House
  • No Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,696

Year Built

Built in 1894

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (773) 516-1111
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone
  • OtherStructures: Guest House
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: No Garage, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 42.5 X 177.25
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: None

Tax Info

  • Tax Annual Amount: 11695.57
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/22/2025 12/22/25 For Sale $600,000 -- --
Source: Midwest Real Estate Data (MRED)

About the Listing Agent

Rafay Qamar

Real Broker LLC

(872) 239-3336

Section Image

Rafay Qamar is the founder of Qamar Group at REAL Broker and one of the Midwest’s most trusted names in real estate. If you want a fierce negotiator, a trusted strategist, and someone who will outwork the competition to get you the absolute best deal, then welcome—you’ve found your closer.

With over $750 million in closed volume and 2,600+ transactions under my belt, I’ve built a reputation for turning complex deals into winning outcomes for my clients. Whether you’re buying, selling,

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12534045

Midwest Real Estate Data (MRED)