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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12694364
Sold Date 09/04/26
Bedrooms 9
Year Built 2005
Annual Tax Amount $10,380
Tax Year 2024
Lot Dimensions 3,114
Property Sub-Type Two to Four Units
Property Description
Take advantage of this outstanding opportunity to own a well-maintained 3-unit investment property in the heart of Chicago's thriving South Side. Ideally located near the Obama Presidential Center and surrounded by significant neighborhood revitalization, this property offers excellent income potential with room for growth. The building features three spacious units, each offering 3 bedrooms and 1 full bathroom, for a total of 9 bedrooms and 3 bathrooms. Thoughtful modern updates, including contemporary finishes and stainless steel appliances, enhance the appeal of the living spaces. Units 1 and 2 are currently tenant-occupied, providing immediate rental income, while Unit 3 is vacant, offering the flexibility to lease at current market rents or occupy the unit yourself. Additional amenities include rear exterior parking for added tenant convenience. Residents will appreciate the close proximity to Jackson Park, Lake Michigan, shopping, dining, schools, and everyday conveniences. Easy access to CTA bus routes, Metra, and major roadways makes commuting throughout the city simple and convenient. Whether you're expanding your investment portfolio or searching for a multi-unit property with immediate income and future upside, this is an opportunity you don't want to miss.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas
Equipment TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Building
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Wadsworth Elementary School
Middle Schools Wadsworth Elementary School
High Schools Hyde Park Career Academy Senior
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Melanie Miller of Keller Williams ONEChicago
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