Multi-Family: MLS #12725358 Chicago, IL ^$ 299,900

Multi-Family: MLS #12725358

^$ 299,900

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Multi-Family: MLS #12725358

Name: address
Address: IL, 60619

Chicago, IL, 60619

^$ 299,900

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 1,894

Multi-Family Home for sale in Chicago, IL

for $299,900 with 3 bedrooms. This home was built in 1927.

Outstanding investment opportunity to acquire a solid brick 6-unit building in the desirable Chatham neighborhood with tremendous value-add potential. The property features a highly desirable unit mix of three 1-bedroom units and three 2-bedroom units, all with spacious layouts and formal dining rooms that enhance tenant appeal. Additional features include a full basement with a half bath, a 4-car brick garage, and a strong foundation for future improvements and increased rental income. The property is being sold AS IS, WHERE IS. Buyer will assume existing minor building violations. This opportunity is best suited for experienced investors seeking a property with significant upside potential. Serious inquiries only. Financial qualification, including proof of liquid funds, is required before a showing can be scheduled. Listing agent must accompany all showings.

Multi-Family Active

Price

^$ 299,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,954

Style

Multi-Family

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12725358

Features

General

Cooling None

Possession Closing

Construction Materials Brick

Year Built 1927

Electric Circuit Breakers

Stories Count 3

Township Lake

Tax Year 2024

Current Use Multi-Family

Gross Income 67400

County Cook

Net Operating Income 38804

Operating Expense 5867

Insurance Expense 5556

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Multi-Family

Status New

Directions Cottage to 82nd St East to Maryland North to building

City Chicago

Number Of Units Total 6

MLS Area CHI - Chatham

Tax Annual Amount 2954

Electric Expense 1200

Fuel Expense 10800

Trash Expense 220

Water Sewer Expense 8400

Additional Parcels Y/N N

Standard Status Active

Cap Rate 13

Interior

Basement Partially Finished

Exterior

Foundation Details Concrete Perimeter

Lot Dimensions 30 x 125

Frontage Type City Street

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

transactionsmanager@mattzmegagroup.com

Affordability Calculator

$2,140

Per Month

Monthly Principal & Interest: $1,894
Monthly Property Taxes: $246
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 ^$634,848

Percent of Sale Price 112%

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
8/11/2026	$299,900		Listed Price

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*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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 8/11/2026.

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Multi-Family: MLS #12725358

Multi-Family Home for sale in Chicago, IL

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