Estimated payment $4,003/month
Highlights
- Very Popular Property
- Enclosed Patio or Porch
- Heating System Uses Steam
- 2 Car Detached Garage
About This Home
ATTENTION INVESTORS & OWNER OCCUPANTS! Outstanding opportunity to acquire a classic Chicago brick two-flat with tremendous upside potential on a WONDERFUL BLOCK in the heart of fantastic Belmont Cragin. Offered for the first time in many years, this well-maintained property features two spacious 2-bedroom, 1-bath apartments plus an additional 1 bed, 1 bath garden unit, creating excellent income-producing potential. The 1st and 2nd floor units retain much of their original Chicago charm, including beautiful hardwood floors, decorative fireplaces with original mantel, and rich vintage woodwork. The building has been well cared for over the years, offering solid mechanicals and a strong foundation for future improvements and increased rental income. Additional features include a 2 CAR GARAGE, common LAUNDRY FACILITIES, basement storage space, and a PRIVATE BACKYARD for tenants to enjoy. The garden unit is currently vacant and current rents are SIGNIFICANTLY BELOW MARKET, creating a compelling VALUE ADD OPPORTUNITY for investors seeking future income growth. The month-to-month status of the tenants further enhance flexibility for future plans. With strong rental demand throughout the neighborhood, this property represents an exceptional OPPORTUNITY TO BUILD EQUITY AND MAXIMIZE RETURNS. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this classic Chicago multi-unit offers character, cash flow, and SUBSTANTIAL UPSIDE in a super-desirable Northwest Side location right off of Milwaukee Ave! Owner and Broker make no representations or warranties regarding the legal status, zoning compliance, or code compliance of the garden unit.
Listing Agent
@properties Christie's International Real Estate License #475158110 Listed on: 06/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,878
Year Built
- Built in 1921
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30x126
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 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
- Enclosed Patio or Porch
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $1,252
- Insurance Expense $2,252
- Maintenance Expense $913
- Water Sewer Expense $1,058
- Gross Income $36,000
- Net Operating Income $21,900
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,681 | $49,001 | $16,574 | $32,427 |
| 2024 | $8,681 | $49,001 | $16,574 | $32,427 |
| 2023 | $8,463 | $41,000 | $13,335 | $27,665 |
| 2022 | $8,463 | $41,000 | $13,335 | $27,665 |
| 2021 | $8,272 | $41,000 | $13,335 | $27,665 |
| 2020 | $5,576 | $24,944 | $6,096 | $18,848 |
| 2019 | $5,780 | $28,672 | $6,096 | $22,576 |
| 2018 | $6,373 | $32,161 | $6,096 | $26,065 |
| 2017 | $6,400 | $29,631 | $5,334 | $24,297 |
| 2016 | $5,955 | $29,631 | $5,334 | $24,297 |
| 2015 | $5,449 | $29,631 | $5,334 | $24,297 |
| 2014 | $4,706 | $25,272 | $4,572 | $20,700 |
| 2013 | $4,941 | $27,067 | $4,572 | $22,495 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $588,800 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12676395
APN: 13224110610000
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