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$ 379,999
Est. payment | /mo
8 Beds
4 Baths
$ 379,999
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12544897
Bedrooms 8
Year Built 1914
Annual Tax Amount $2,117
Tax Year 2023
Lot Dimensions 2279
Property Sub-Type Two to Four Units
Property Description
Exceptional opportunity to acquire a solid 4-unit brick building in one of Chicago's fastest-appreciating West Side corridors. Each of the four units features 2 bedrooms and 1 bathroom, offering strong, stable rental layouts that are always in high demand. The property includes a full, legal basement with excellent ceiling height that can be converted into a 5th unit while still maintaining separate common laundry and storage space, creating a major upside play for investors looking to significantly increase both cash flow and property value. This property offers multiple exit strategies: hold for cash flow, refinance after stabilization, or reposition and sell at a significantly higher ARV. Perfect for investors, developers, or 1031 buyers looking to secure a scalable asset in a rapidly appreciating neighborhood.
Location
State IL
County Cook
Area Chi - West Garfield Park
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
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 List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Craig Lane of RE/MAX Premier
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