3916 W Congress Parkway Chicago, IL $ 729,000
3916 W Congress Parkway
$ 729,000
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3916 W Congress Parkway

Chicago, IL, 60624
$ 729,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,548

3916 W Congress Parkway, Chicago, IL 60624 - Image 1
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3916 W Congress Parkway, Chicago, IL 60624 - Image 10

Multi-Family Home for sale in Chicago, IL

for $729,000 with 6 bedrooms. This home was built in 1926 on a lot size of 0.110147.

Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. The property features 3 spacious four-bedroom, one and a half-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building's proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

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Multi-Family Contingent

Price

$ 729,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 12,425

Style

Multi-Family

Lot Size

0.110147

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12418679

Features
General
Cooling None
Possession Closing Tenant's Rights
Zoning MULTI
Construction Materials Brick
Year Built 1926
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 4
Township West Chicago
Tax Year 2023
Current Use Multi-Family
Gross Income 134400
County Cook
Net Operating Income 105135
Operating Expense 29265
Insurance Expense 5800
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 0
Possible Use Multi-Family
Status Contingent
Directions Eisenhower X-press (I-290) exit Independence Blvd West on Congress to Subject
City Chicago
Number Of Units Total 7
MLS Area CHI - West Garfield Park
Lot Size Square Feet 4798
Tax Annual Amount 12425
Electric Expense 840
Fuel Expense 0
Trash Expense 1200
Water Sewer Expense 9000
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 14
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Interior
Basement Unfinished
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Exterior
Lot Dimensions 125X36
Frontage Type City Street
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* Excluded Features
List By
Berkshire Hathaway Homeservices American Heritage

Broker

victor@yourpad.com

Email

Affordability Calculator

$5,583
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,548
Monthly Property Taxes
$1,035
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2025$729,000 -2.67% Price Down
7/21/2025$749,000 Listed Price

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3916 W Congress Parkway, Chicago, IL, 60624 is a Multi-Family Home for sale at $729,000 with a lot size of 0.110147. 3916 W Congress Parkway has 6 bedrooms, 0.0 baths, and was built in 1926. The property's zip code is 60624 which is in Chicago, IL