5203 S Peoria Street Chicago, IL $ 699,000
5203 S Peoria Street
$ 699,000
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5203 S Peoria Street

Chicago, IL, 60609
$ 699,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,304

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Multi-Family Home for sale in Chicago, IL

for $699,000 with 8 bedrooms and 4 full baths. This home was built in 1925.

Exceptional investment opportunity in the rapidly growing New City neighborhood! This brand-new LEGAL 4-unit gut rehab was completely rebuilt down to the studs, offering turnkey ownership with modern finishes and major system upgrades throughout. The property features a total of 8 bedrooms and 4 bathrooms across spacious units designed for strong rental appeal and low maintenance ownership. Major capital improvements include all new HVAC systems, plumbing, electrical, roof, windows, and a newly installed concrete parking pad with a secure front metal fence. Each unit showcases modern white shaker cabinetry, quartz countertops, stainless steel appliances, waterproof LVP flooring, in-unit laundry hookups, and updated contemporary finishes throughout. The property also includes partially finished basements offering additional storage or future value-add potential. Ideal for investors seeking a stabilized, low-maintenance asset with strong income potential in an appreciating area. Located near minutes from Rate Field, expressways, schools, transportation, shopping. Schedule a tour!

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Multi-Family Active

Price

$ 699,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12654464

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Closing
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1925
Township Lake
Tax Year 2025
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status New
Directions HALSTED N/S TO 51ST TO PEORIA SOUTH TO ADDRESS
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 0
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Lot Size Acres 0
Waterfront Y/N N
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* Excluded Features
List By
Cloud Gate Realty Llc

Broker

chris@cgrchicago.com

Email

Affordability Calculator

$4,304
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
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Monthly Home Insurance
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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
5/21/2026$699,000 Listed Price

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5203 S Peoria Street, Chicago, IL, 60609 is a Multi-Family Home for sale at $699,000. 5203 S Peoria Street has 8 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 60609 which is in Chicago, IL