Bought with Daniel Breiter of Horvath & Tremblay IL, LLC
$350,000
$400,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/20/2025
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12491804
Sold Date 11/20/25
Year Built 1907
Annual Tax Amount $9,036
Tax Year 2023
Lot Dimensions 50x170
Property Sub-Type Multi Family 5+
Property Description
WASHINGTON PARK - FOR SALE: Exceptional value-add opportunity in Chicago's Washington Park neighborhood. This 6-unit building features six (3BD/1BA) apartments, all currently vacant and ready for a full gut rehab. Once renovated, the property offers significant rental upside with strong demand and income potential for 3-bedroom units in the area. The layout also provides an opportunity to add two garden apartments. Key features include two 2-car garages and a sizable backyard lot. Ideally located minutes from the University of Chicago, public transit, and ongoing neighborhood development projects. Perfect for investors or developers seeking a high-upside reposition.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States