Estimated payment $15,058/month
About This Home
Never before offered for sale, this solid brick 16-unit multi-family building. Meticulously maintained and carefully managed by a long-term owner now retiring, this asset presents an exceptional investment opportunity in one of Chicago's most desirable rental corridors. Each spacious, well-appointed apartment has supported a consistent history of strong occupancy, reliable income, and long-term tenant satisfaction. The property's prime location-just steps from public transportation, schools, parks, and shopping-ensures enduring rental demand and neighborhood appeal. With stable financials already in place and room for thoughtful value-add improvements, this offering represents a strategic and scalable addition to any serious investor's portfolio. Serious inquiries only. Proof of funds or loan pre-approval required for all showings.
Listing Agent
Core Realty & Investments Inc. License #475140644 Listed on: 09/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,844
Year Built
- Built in 1929
Parking
- On-Street Parking
Utilities
- Radiator
- Hot Water Heating System
Additional Features
- 4-Story Property
- Courtyard
- Lot Dimensions are 33 x 125
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $636
- Fuel Expense $18,086
- Insurance Expense $9,935
- Maintenance Expense $2,000
- Other Expense $700
- Trash Expense $4,121
- Water Sewer Expense $13,060
- Operating Expense $77,132
- Gross Income $189,720
- Net Operating Income $112,588
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 | $13,956 | $84,000 | $21,700 | $62,300 |
| 2024 | $13,956 | $84,000 | $21,700 | $62,300 |
| 2023 | $13,605 | $65,912 | $17,360 | $48,552 |
| 2022 | $13,605 | $65,912 | $17,360 | $48,552 |
| 2021 | $13,298 | $65,912 | $17,360 | $48,552 |
| 2020 | $10,227 | $45,751 | $8,990 | $36,761 |
| 2019 | $11,418 | $56,640 | $8,990 | $47,650 |
| 2018 | $12,132 | $61,218 | $8,990 | $52,228 |
| 2017 | $13,216 | $61,190 | $8,060 | $53,130 |
| 2016 | $12,297 | $61,190 | $8,060 | $53,130 |
| 2015 | $11,252 | $61,190 | $8,060 | $53,130 |
| 2014 | $12,067 | $64,800 | $7,440 | $57,360 |
| 2013 | $12,906 | $70,703 | $7,440 | $63,263 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2026 01/27/26 | Pending | -- | -- | -- |
| 01/15/2026 01/15/26 | For Sale | $2,400,000 | 0.0% | -- |
| 10/28/2025 10/28/25 | Pending | -- | -- | -- |
| 09/30/2025 09/30/25 | For Sale | $2,400,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12484836
APN: 13113130140000
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