223-233 N kolmar Avenue Chicago, IL $ 825,000
223-233 N kolmar Avenue
$ 825,000
Share Save

223-233 N kolmar Avenue

Chicago, IL, 60624
$ 825,000
Bedrooms14 Baths0.0

Monthly Estimate*

$ 5,147

223-233 N kolmar Avenue, Chicago, IL 60624 - Image 1
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 2
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 3
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 4
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 5
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 6
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 7
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 8
223-233 N kolmar Avenue, Chicago, IL 60624 - Image 9

Multi-Family Home for sale in Chicago, IL

for $825,000 with 14 bedrooms. This home was built in 1927.

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 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 NEW copper plumbing that stands the test of time. Recent improvements include professional roof maintenance with silver coating and newer back porch that enhance both energy efficiency and curb appeal. The property features spacious 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.

See more

Multi-Family Active

Price

$ 825,000

Bedrooms

14

Property Type

Multi-Family

Taxes

$ 8,468

Style

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12495709

Features
General
Cooling None
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1927
Electric Circuit Breakers
Tenant Pays Electricity Heat Hot Water
Stories Count 3
Township West Chicago
Tax Year 2023
Gross Income 119400
County Cook
Net Operating Income 84456
Operating Expense 34944
Insurance Expense 16516
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Take Cicero to Maypole east to Kolmar South to Address
City Chicago
Number Of Units Total 7
MLS Area CHI - West Garfield Park
Tax Annual Amount 8468
Electric Expense 960
Fuel Expense 0
Trash Expense 1200
Water Sewer Expense 7800
Additional Parcels Y/N N
Standard Status Active
Cap Rate 10
See more
Interior
Basement Partially Finished
See more
Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 50X125
See more
* Excluded Features
List By
Berkshire Hathaway Homeservices American Heritage

Broker

victor@yourpad.com

Email

Affordability Calculator

$5,853
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,147
Monthly Property Taxes
$706
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2025$825,000 Listed Price

Map


See all

223-233 N kolmar Avenue, Chicago, IL, 60624 is a Multi-Family Home for sale at $825,000. 223-233 N kolmar Avenue has 14 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 60624 which is in Chicago, IL