Multi-Family: MLS #12676395 Chicago, IL $ 588,800
Multi-Family: MLS #12676395
$ 588,800
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Multi-Family: MLS #12676395

Chicago, IL, 60641
$ 588,800
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,718

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Multi-Family Home for sale in Chicago, IL

for $588,800 with 5 bedrooms and 3 full baths. This home was built in 1921 on a lot size of 0.08.

ATTENTION INVESTORS & OWNER OCCUPANTS! Outstanding opportunity to acquire a classic Chicago brick two-flat with tremendous upside potential on a WONDERFUL BLOCK in the heart of fantastic Belmont Cragin. Offered for the first time in many years, this well-maintained property features two spacious 2-bedroom, 1-bath apartments plus an additional 1 bed, 1 bath garden unit, creating excellent income-producing potential. The 1st and 2nd floor units retain much of their original Chicago charm, including beautiful hardwood floors, decorative fireplaces with original mantel, and rich vintage woodwork. The building has been well cared for over the years, offering solid mechanicals and a strong foundation for future improvements and increased rental income. Additional features include a 2 CAR GARAGE, common LAUNDRY FACILITIES, basement storage space, and a PRIVATE BACKYARD for tenants to enjoy. The garden unit is currently vacant and current rents are SIGNIFICANTLY BELOW MARKET, creating a compelling VALUE ADD OPPORTUNITY for investors seeking future income growth. The month-to-month status of the tenants further enhance flexibility for future plans. With strong rental demand throughout the neighborhood, this property represents an exceptional OPPORTUNITY TO BUILD EQUITY AND MAXIMIZE RETURNS. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this classic Chicago multi-unit offers character, cash flow, and SUBSTANTIAL UPSIDE in a super-desirable Northwest Side location right off of Milwaukee Ave! Owner and Broker make no representations or warranties regarding the legal status, zoning compliance, or code compliance of the garden unit.

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Multi-Family Active

Price

$ 588,800

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,878

Style

Lot Size

0.08

Year Built

1921

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12676395

Features
General
Sewer Public Sewer
Heating Natural Gas Steam
Possession Closing
Zoning SINGL
Garage Spaces 2
Construction Materials Brick
Year Built 1921
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 36000
County Cook
Net Operating Income 21900
Insurance Expense 2252
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 913
Total Rooms 16
Status New
Directions Tripp Ave is one-way north from Roscoe St. just west of Keeler Ave.
City Chicago
High School District 299
MLS Area CHI - Irving Park
Tax Annual Amount 9878
Electric Expense 1252
Trash Expense 0
Water Sewer Expense 1058
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 5
Room Type Enclosed Porch
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 30x126
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

keiths@atproperties.com

Email

Affordability Calculator

$4,541
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,718
Monthly Property Taxes
$823
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/23/2026$588,800 Listed Price

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