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$ 475,000
Est. payment | /mo
9 Beds
3 Baths
3,049 Sqft Lot
$ 475,000
Est. payment | /mo
9 Beds
3 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12654576
Style Greystone
Bedrooms 9
Year Built 1896
Annual Tax Amount $1,905
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity just minutes from Downtown Chicago! This fully leased legal 3-unit Greystone offers strong cash flow potential with a total of 9 bedrooms and 3 full bathrooms, featuring spacious 3 bedroom, 1 bathroom layouts in each unit. The property boasts approximately 3,882 square feet of finished living space, with roughly 1,294 square feet per floor. Completely rehabbed in 2022, the building combines classic Chicago charm with modern upgrades throughout. Improvements include new furnaces, central air conditioning, water heaters, in-unit washer and dryers, premium kitchen appliances, granite countertops, 42" soft-close cabinetry, luxury vinyl plank flooring, and new windows. The exterior features a new extra-deep concrete parking pad with secure metal gates. All units have separately metered gas and electric utilities, making management more efficient for investors. Current rental income includes $1,900/month for the first-floor unit, $1,750/month for the second-floor unit, and $1,650/month for the garden unit. The first-floor and second-floor units are currently on month-to-month leases, while the garden unit is leased through December 31, 2026. A turnkey, income-producing asset perfect for investors looking to expand their portfolio with a stabilized multi-unit property in a convenient location.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning MULTI
Rooms
Basement Finished, None, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Laquan Henley of Keller Williams ONEChicago