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2916 W 25th Place Chicago, IL $ 489,000
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2916 W 25th Place
$ 489,000
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2916 W 25th Place

Chicago, IL, 60623
$ 489,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 3,051

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Multi-Family Home for sale in Chicago, IL

for $489,000 with 8 bedrooms. This home was built in 1888 on a lot size of 0.066116.

Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for!

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Multi-Family Active

Price

$ 489,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 8,237

Style

Multi-Family

Lot Size

0.066116

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12534074
Features
General
Zoning MULTI
Construction Materials Brick Wood
Year Built 1888
Stories Count 3
Tax Year 2024
Current Use Multi-Family
Gross Income 53940
County Cook
Net Operating Income 29296
Operating Expense 21947
Insurance Expense 4000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 2500
Status New
Directions California Ave to 25th Pl west to address
City Chicago
Number Of Units Total 5
MLS Area CHI - South Lawndale
Lot Size Square Feet 2880
Tax Annual Amount 8237
Electric Expense 360
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 3600
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Brick/Mortar
Lot Dimensions 28X126
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* Excluded Features
List By
Essex 312, Llc

Broker

mitirpatel@gmail.com;mitirpatel@gmail.com

Email

Affordability Calculator

$3,737
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,051
Monthly Property Taxes
$686
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/17/2025$489,000 Listed Price

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2916 W 25th Place, Chicago, IL, 60623 is a Multi-Family Home for sale at $489,000 with a lot size of 0.066116. 2916 W 25th Place has 8 bedrooms, 0.0 baths, and was built in 1888. The property's zip code is 60623 which is in Chicago, IL

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