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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12543098
Maintenance Fees $1,000
Year Built 1908
Annual Tax Amount $4,416
Tax Year 2023
Lot Dimensions 9250
Property Sub-Type Multi Family 5+
Property Description
Exciting Investment Opportunity in Greater Grand Crossing! FULLY OCCUPIED building and coachhouse. 14.8 Cap rate, that's something... Don't miss this 5-unit property with an included vacant lot, offering excellent potential for investors. Seperate Electrical and forced heating in each unit, including the coach house. The main building features four residential units plus a coach house, all under the same PIN (644 E 75th St). All 5 units are rented. Highlights include: * Brand new porch rear eletrical upgrades and landing built in September 2025 * Two units updated with paint stove fridge*Two Brand new exterior basement doors.* Spacious 3-bedroom unit with updated bathroom * All units include stoves and refrigerators * Clean and well-maintained common areas * Large unfinished basement in the main building * Coach house for added rental income potential * Vacant lot included for expansion or additional value Located just six blocks from Chicago landmarks like Lem's BBQ and the James Beard Award-winning Brown Sugar Bakery, this property is positioned in a fast-appreciating neighborhood with strong rental demand. Whether you're looking to add value, increase cash flow, or expand your portfolio, this multi-unit with a coach house and vacant lot is a true investment opportunity. Property sold As-Is.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling None
Fireplace N
Building
Dwelling Type Multi Family 5+
Water Municipal Water
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Listed by Jonathan Williams of Coldwell Banker Realty