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In-PersonVirtual Tour
$ 799,000
Est. payment | /mo
4 Beds
3 Baths
$ 799,000
Est. payment | /mo
4 Beds
3 Baths
Open House
Sat May 30, 10:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12658418
Bedrooms 4
Year Built 1880
Annual Tax Amount $10,246
Tax Year 2024
Lot Dimensions 24x125
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity in the heart of East Pilsen. This fully renovated, income-producing 3-unit property offers the ideal combination of strong in-place cash flow, modern upgrades, and long-term appreciation potential in one of Chicago's most vibrant neighborhoods. The building is fully occupied with established tenants and operates efficiently with separate utilities. Located just minutes from Downtown, the West Loop, major transportation, restaurants, galleries, nightlife, and continued luxury development throughout East Pilsen, this is a rare opportunity to acquire a stabilized asset in a rapidly appreciating market. Ideal for investors seeking a turnkey addition to their portfolio with a Cap Rate of 6.83. 2025 upgrades: Excavation and installation of ~ 1,500 sq ft of concrete with drain tile around entire property. New fencing and rear decking. Front building: 1BR/1BA complete remodel with high-end finishes, appliances, central air, and in-unit laundry. Front building: In-unit laundry. Complete plumbing updated to copper. Complete tear-off roof replacement, gutters, and downspouts. Rear coach house: 2BR/1BA complete remodel with high-end finishes, appliances, and new HVAC with central air. High-efficiency spray foam insulation was installed in both basements.
Location
State IL
County Cook
Area Chi - Lower West Side
Rooms
Basement Unfinished, Exterior Entry, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding,Frame, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding,Frame
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Standard
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Fabiola Mendoza of Compass
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