Multi-Family: MLS #12732315 Chicago, IL $ 825,000
Multi-Family: MLS #12732315
$ 825,000
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Multi-Family: MLS #12732315

Chicago, IL, 60637
$ 825,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 5,209

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Multi-Family Home for sale in Chicago, IL

for $825,000 with 4 bedrooms. This home was built in 1908.

Welcome to this lovely property located in Chicago's Washington Park neighborhood consisting of an all-brick exterior with 8 units. This multifamily property located in One of Chicagos premier communities features SIX spacious 3-bedroom/1-bath units and two versatile garden apartments, with a fully occupied rent roll and strong rents in place. The residences feature hardwood flooring, decorative fireplaces, oversized windows, abundant natural light, and private rear decks. Additional property amenities include on-site laundry, basement storage, and six rear parking spaces. Owner-reported improvements include two water heaters replaced within the past two years, along with a modernized boiler system equipped with wireless thermostats. An excellent opportunity for investors seeking a multifamily asset with established rental income and additional value potential. Serious inquiries only. Financial qualification, including proof of liquid funds, is required prior to scheduling a showing.

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Multi-Family Active

Price

$ 825,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 13,305

Style

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12732315

Features
General
Cooling None
Zoning MULTI
Construction Materials Brick
Year Built 1908
Tenant Pays Electricity
Stories Count 3
Tax Year 2024
Gross Income 190200
County Cook
Net Operating Income 87126
Operating Expense 18450
Insurance Expense 12000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 2365
Possible Use Multi-Family
Status Active
Directions From I-94 take Exit 57B for Garfield Blvd head east to Michigan Ave then proceed north to the property
City Chicago
Number Of Units Total 8
MLS Area CHI - Washington Park
Tax Annual Amount 13305
Electric Expense 450
Fuel Expense 7000
Trash Expense 6000
Water Sewer Expense 7200
Additional Parcels Y/N N
Standard Status Active
Cap Rate 9.1
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Exterior
Lot Dimensions 50x160
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

transactionsmanager@mattzmegagroup.com

Email

Affordability Calculator

$6,318
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$1,109
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2026$825,000 Listed Price

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