$698,750

Estimated payment $4,156/month

9 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Community Lake
  • Sun or Florida Room
  • Enclosed Patio or Porch
  • Property is near park
  • 3 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a "separate A/C, furnaces, hot water heaters, and in-unit W/D" ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. All 3 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $2,777.00.

Listing Agent

George Ayling

Select a Fee RE System License #471002936 Listed on: 04/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 1917

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Window Screens
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near park

Community Details

Overview

  • 3 Units
  • Community Lake

Building Details

  • Insurance Expense $3,500
  • Water Sewer Expense $2,835
  • Gross Income $71,280
  • Net Operating Income $71,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,100

Year Built

Built in 1917

Lot Details

4,356 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2014
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full, Daylight
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Room Type: Enclosed Porch, Sun Room
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2835

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 4375SQ FT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 71280
  • Insurance Expense: 3500
  • GrossIncome: 71280
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5100
  • Tax Year: 2024
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,082 $46,111 $6,781 $39,330
2024 $5,082 $46,111 $6,781 $39,330
2023 $4,936 $24,000 $5,469 $18,531
2022 $4,936 $24,000 $5,469 $18,531
2021 $4,826 $23,999 $5,468 $18,531
2020 $3,647 $16,372 $5,468 $10,904
2019 $3,696 $18,396 $5,468 $12,928
2018 $3,634 $18,396 $5,468 $12,928
2017 $4,997 $23,212 $4,812 $18,400
2016 $5,623 $28,073 $4,812 $23,261
2015 $5,144 $28,073 $4,812 $23,261
2014 $4,982 $26,851 $3,937 $22,914
2013 $4,884 $26,851 $3,937 $22,914
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 For Sale $698,750 +245.9% --
05/13/2014 05/13/14 Sold $202,000 -30.3% -- View Prior Sale
02/04/2014 02/04/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $290,000 -- --
Source: Midwest Real Estate Data (MRED)

About the Listing Agent

George Ayling

Select a Fee RE System

(872) 282-3888

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Why Choose Me? Expert Representation. Proven Results. Fair Fees.
I Listen: You sant an agent who truly understands what you’re looking for in a home? I prioritize your goals above all else.: Need an agent who knows how to effectively market your property so it sells fast and for top dollar? I leverage decades of local data and modern digital tools to get eyes on your listing.
The "Select a Fee" Advantage: I specialize in a Fee for Service / Flat Fee model. This means you get

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12606467

Midwest Real Estate Data (MRED)
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