Multi-Family: MLS #12500689 Chicago, IL $ 225,000
Multi-Family: MLS #12500689
$ 225,000
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Multi-Family: MLS #12500689

Chicago, IL, 60617
$ 225,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,385

MLS #/Web ID: 12500689 - Image 1
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Multi-Family Home for sale in Chicago, IL

for $225,000 with 4 bedrooms and 2 full baths. This home was built in 1900.

This property qualifies for up to $10,500 in first-time homebuyer grant assistance when using a conventional loan with minimal buyer contribution. Fantastic Investment Opportunity in South Shore! Don't miss this well-maintained multi-unit building located in the rapidly developing South Shore neighborhood. Recent upgrades include energy-efficient windows installed in 2022 and a brand-new tear-off roof, providing long-term value and peace of mind. While the property needs a new buyer's touch for cosmetic updates, it offers additional square footage with the potential to duplex up from the second-floor unit, creating an excellent opportunity to increase rental income and build equity. Ideal for first-time buyers or savvy investors seeking long-term appreciation and strong returns. Schedule your showing today and unlock the potential of this great opportunity!

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Multi-Family Active

Price

$ 225,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,054

Style

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12500689

Features
General
Sewer Public Sewer
Heating Natural Gas Electric
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1900
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Price Change
Directions South Shore Drive to 82nd Street to S Brandon Ave to 8140 S Brandon Ave
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 1054.99
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Partial
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 3150
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

shaena.flanagan@cbrealty.com

Email

Affordability Calculator

$1,473
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$88
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$220,000 -4.35% Price Down
12/16/2025$230,000 -4.17% Price Down
12/2/2025$240,000 -4.00% Price Down
11/17/2025$250,000 Listed Price

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