Estimated payment $1,527/month
About This Home
Fantastic Opportunity for Homeowners & Investors Alike! This solid brick legal two-unit building has a potential additional 3-bedroom basement unit with two bedrooms. At this price you can get exceptional value and incredible income potential. Looking to live in one unit and rent the others? Perfect!! Looking to Add a strong performer to your investment portfolio, this property checks all the boxes. The building needs light repairs and a clean-up to get up and running. It is a perfect candidate for a 203K renovation loan. With multiple rental units, the cash-flow upside is outstanding once improvements are complete. The property is being sold AS-IS and the seller will not provide a survey. Pre-approval or POF is required with all offers. A rare chance to build equity, generate strong rental income, and maximize long-term returns-don't miss this!
Listing Agent
Real People Realty Brokerage Phone: (312) 324-0525 License #475178171 Listed on: 12/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,483
Year Built
- Built in 1924
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
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 | $2,115 | $13,000 | $1,960 | $11,040 |
| 2024 | $2,115 | $13,000 | $1,960 | $11,040 |
| 2023 | $2,063 | $10,000 | $3,104 | $6,896 |
| 2022 | $2,063 | $10,000 | $3,104 | $6,896 |
| 2021 | $2,016 | $9,999 | $3,103 | $6,896 |
| 2020 | $2,161 | $9,677 | $2,123 | $7,554 |
| 2019 | $2,241 | $11,124 | $2,123 | $9,001 |
| 2018 | $2,203 | $11,124 | $2,123 | $9,001 |
| 2017 | $3,359 | $15,571 | $1,960 | $13,611 |
| 2016 | $3,126 | $15,571 | $1,960 | $13,611 |
| 2015 | $2,860 | $15,571 | $1,960 | $13,611 |
| 2014 | $2,357 | $12,673 | $1,633 | $11,040 |
| 2013 | $2,310 | $12,673 | $1,633 | $11,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $270,000 | +69.8% | -- | |
| 09/30/2020 09/30/20 | Sold | $159,000 | +6.0% | -- | View Prior Sale |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- | |
| 07/21/2020 07/21/20 | Price Changed | $150,000 | -3.2% | -- | |
| 05/14/2020 05/14/20 | For Sale | $155,000 | 0.0% | -- | |
| 05/13/2020 05/13/20 | Price Changed | $155,000 | -1.9% | -- | |
| 05/07/2020 05/07/20 | Pending | -- | -- | -- | |
| 04/01/2020 04/01/20 | For Sale | $158,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12494282
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