Multi-Family: MLS #12606467 Chicago, IL $ 698,750
Multi-Family: MLS #12606467
$ 698,750
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Multi-Family: MLS #12606467

Chicago, IL, 60649
$ 698,750
Bedrooms9 Baths6.0

Monthly Estimate*

$ 4,302

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Multi-Family Home for sale in Chicago, IL

for $698,750 with 9 bedrooms and 6 full baths. This home was built in 1917 on a lot size of 0.1.

Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a "separate A/C, furnaces, hot water heaters, and in-unit W/D" ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. All 3 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $

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Multi-Family Active

Price

$ 698,750

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,100

Style

Lot Size

0.1

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12606467

Features
General
Sewer Public Sewer Storm Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1917
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 71280
Community Features Park Lake Curbs Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 71280
Insurance Expense 3500
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 25
Status New
Directions 67 East to Merrill (2100)
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 5100
Water Sewer Expense 2835
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full Daylight
Total Bedrooms 9
Room Type Enclosed Porch Sun Room
Total Baths 6
Bedrooms Possible 9
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 4375SQ FT
Lot Size Acres 0.1
Waterfront Y/N N
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* Excluded Features
List By
Select A Fee Re System

Broker

george@selectafee.com

Email

Affordability Calculator

$4,727
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,302
Monthly Property Taxes
$425
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
4/13/2026$698,750 Listed Price

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