732 W 54th Place Chicago, IL ^$ 335,000

732 W 54th Place

^$ 335,000

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732 W 54th Place

Chicago, IL, 60609

^$ 335,000

Bedrooms5 Baths0.0 Sq 4,338

Monthly Estimate*

^$ 2,115

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Multi-Family Home for sale in Chicago, IL

for $335,000 with 5 bedrooms. This 4,338 square foot home was built in 1895 on a lot size of 0.14348.

Exceptional 5-unit investment in Chicago's New City/Back of the Yards community. Originally a 4-unit building of 2BD apartments, extensive work was completed in 2011 to secure city permits for a legal 5th unit - a spacious 3BD - bringing the total to five income-producing apartments. New boiler and hot water tank installed 2016. Comprehensive roof repair completed 2024 and remains under contractor warranty. Located near Sherman Park, ALDI, local dining, and everyday retail. There is strong commuter appeal with Red, Green and Orange lines running in various directions and multiple bus stops close to the property.. A stabilized 5-unit asset with major capital improvements done - turnkey addition to any portfolio. Offered at $335,000.

Multi-Family Active

Price

^$ 335,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 3,959

Style

Multi-Family

Lot Size

0.14348

Year Built

1895

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12689077

Features

General

Cooling Window Unit(s)

Utilities Water Available

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1895

Electric Circuit Breakers

Stories Count 3

Township Hyde Park

Tax Year 2024

Current Use Multi-Family

Gross Income 56760

County Cook

Net Operating Income 37854

Operating Expense 18906

Insurance Expense 2800

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 500

Possible Use Condominium Multi-Family Elderly Housing

Status New

Directions Halsted North or South to 54th Place East to address on the left.

City Chicago

Number Of Units Total 5

MLS Area CHI - New City

Lot Size Square Feet 6250

Tax Annual Amount 3959

Electric Expense 1933

Fuel Expense 4407

Trash Expense 1980

Water Sewer Expense 3327

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Finished

Exterior

Water Source Community Water Municipal Water

Building Area Total 4338

Lot Dimensions 50 x 125

Frontage Type City Street

* Excluded Features

List By

Coldwell Banker Realty

Broker

maikol@chicagoateam.com

Affordability Calculator

$2,445

Per Month

Monthly Principal & Interest: $2,115
Monthly Property Taxes: $330
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$618,301

Percent of Sale Price 85%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/26/2026	$335,000		Listed Price

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732 W 54th Place, Chicago, IL, 60609 is a Multi-Family Home for sale at $335,000 with 4,338 sqft and a lot size of 0.14348. 732 W 54th Place has 5 bedrooms, 0.0 baths, and was built in 1895. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/30/2026.

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732 W 54th Place

Multi-Family Home for sale in Chicago, IL

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