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$ 575,000
Est. payment | /mo
5 Beds
3 Baths
$ 575,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12509762
Bedrooms 5
Year Built 1896
Annual Tax Amount $5,928
Tax Year 2023
Lot Dimensions 3,750 sq ft
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity in Albany Park! This legal 3-unit offers immediate income with plenty of upside for appreciation and improved returns. Ideal for investors seeking a value-add asset or owner-occupants looking to house hack. All three units are in solid, liveable condition, with room for cosmetic updates to increase rents and long-term equity. Strong rental demand in the area supports long-term hold strategies, while nearby new construction highlights the neighborhood's growth trajectory. The property includes a spacious backyard and potential for future improvements. Conveniently located near public transit, dining, and parks, making it attractive to tenants and future buyers alike. A rare opportunity to acquire a well-located multifamily building with significant potential to enhance value over time. Estate sale and being sold as-is.
Location
State IL
County Cook
Area Chi - Irving Park
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 3.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dan Nelson of Compass
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