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$280,000
Est. payment /mo
7 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12613659
Bedrooms 7
Year Built 1903
Annual Tax Amount $3,214
Tax Year 2024
Lot Dimensions 25 X 124
Property Sub-Type Two to Four Units
Property Description
A strong value add opportunity for investors in Chicago's New City neighborhood. This multiunit building offers solid income potential with a 4BD/1BA second floor unit and a 3BD/1BA first floor unit, plus a full unfinished basement ideal for future expansion, storage, or additional revenue producing space. The property sits in a rental driven area with ongoing neighborhood improvements, making it a strategic choice for investors looking to reposition, rehab, or add to their portfolio. It qualifies for investor friendly financing options, including DSCR loans. All offers are welcome and subject to short sale/bank approval. Tenant occupied - tenants being conveyed with property.
Location
State IL
County Cook
Area Chi - New City
Zoning MULTI
Rooms
Basement Unfinished, Full, Walk-Out Access
Interior
Heating Other
Fireplace N
Exterior
Community Features Street Lights
Building
Dwelling Type Two to Four Units
Building Description Stone, No
Sewer Public Sewer
Water Public
Structure Type Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Short Sale, In Foreclosure
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ericka Taylor of Coldwell Banker Realty