Estimated payment $3,883/month
About This Home
Exceptional 6-unit brick multi-family investment property offering strong in-place income and immediate value-add upside. The building features six rehabbed 3-bedroom apartments, all fully leased with solid monthly rental income. Units have been recently updated, reducing near-term capital expenditure needs for the next owner. The property also includes a finished garden-level unit featuring a full kitchen, bathroom, and bedroom space, previously used as a residential unit. This space represents significant additional income potential upon buyer's completion of due diligence. Conveniently located with access to Metra and Pace Bus transit serving the south suburban Cook County market. Close to retail and neighborhood services. A rare opportunity to acquire a well-maintained, income-producing asset with built-in upside in a supply-constrained price range. All financial figures are based on current full occupancy and are estimates - buyer and their advisors should independently verify all figures prior to closing. Sold As-Is. Real People Realty. Equal Housing Opportunity.
Listing Agent
Real People Realty Brokerage Phone: (773) 807-8885 License #475178444 Listed on: 05/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,592
Year Built
- Built in 1922
Home Design
- Brick Exterior Construction
Additional Features
- 3-Story Property
- Forced Air Heating System
- Finished Basement
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $34,524
- Gross Income $6,700
- Net Operating Income $45,876
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,727 | $21,000 | $2,365 | $18,635 |
| 2024 | $13,727 | $21,000 | $2,365 | $18,635 |
| 2023 | $21,555 | $21,000 | $2,365 | $18,635 |
| 2022 | $21,555 | $26,504 | $2,365 | $24,139 |
| 2021 | $20,822 | $26,504 | $2,365 | $24,139 |
| 2020 | $21,395 | $26,504 | $2,365 | $24,139 |
| 2019 | $18,211 | $23,467 | $2,150 | $21,317 |
| 2018 | $17,770 | $23,467 | $2,150 | $21,317 |
| 2017 | $17,363 | $23,467 | $2,150 | $21,317 |
| 2016 | $12,506 | $19,320 | $1,935 | $17,385 |
| 2015 | $12,009 | $19,320 | $1,935 | $17,385 |
| 2014 | $11,980 | $19,320 | $1,935 | $17,385 |
| 2013 | $12,273 | $20,176 | $1,935 | $18,241 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $499,999 | +177.8% | -- | |
| 09/27/2022 09/27/22 | Sold | $180,000 | -7.7% | -- | View Prior Sale |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- | |
| 07/12/2022 07/12/22 | For Sale | $195,000 | +8.3% | -- | |
| 07/05/2022 07/05/22 | Off Market | $180,000 | -- | -- | |
| 06/10/2022 06/10/22 | For Sale | $195,000 | 0.0% | -- | |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- | |
| 05/02/2022 05/02/22 | For Sale | $195,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12643303
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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