460 W 28th Place Chicago, IL $ 1,299,000
460 W 28th Place
$ 1,299,000
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460 W 28th Place

Chicago, IL, 60616
$ 1,299,000
Bedrooms5 Baths0.0 Sq 3,960

Monthly Estimate*

$ 7,998

460 W 28th Place, Chicago, IL 60616 - Image 1
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460 W 28th Place, Chicago, IL 60616 - Image 12

Multi-Family Home for sale in Chicago, IL

for $1,299,000 with 5 bedrooms. This 3,960 square foot home was built in 1899 on a lot size of 0.07.

This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today's renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.

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Multi-Family Active

Price

$ 1,299,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 12,657

Style

Multi-Family

Lot Size

0.07

Year Built

1899

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12611934

Features
General
Cooling Central Air Central Individual
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1899
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Heat
Stories Count 3
Township South Chicago
Tax Year 2024
Current Use Multi-Family
Gross Income 131568
County Cook
Net Operating Income 90468
Operating Expense 34520
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions 28th St & Halsted East to Normal South on Normal East on 28th Pl (one-way) to 460 on the North side of the street
City Chicago
Number Of Units Total 6
MLS Area CHI - Bridgeport
Lot Size Square Feet 3125
Tax Annual Amount 12657.24
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
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Exterior
Building Area Total 3960
Lot Dimensions 25X125
Lot Size Acres 0.07
Frontage Type City Street
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* Excluded Features
List By
Sperry Van Ness

Broker

angelo.labriola@svn.com

Email

Affordability Calculator

$9,053
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,998
Monthly Property Taxes
$1,055
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$1,299,000 Listed Price

Map


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460 W 28th Place, Chicago, IL, 60616 is a Multi-Family Home for sale at $1,299,000 with 3,960 sqft and a lot size of 0.07. 460 W 28th Place has 5 bedrooms, 0.0 baths, and was built in 1899. The property's zip code is 60616 which is in Chicago, IL