Bought with Caleb Lyzenga of Realty Executives Premier Illinois
$530,000
$549,950
3.6%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
SOLD DATE : 04/10/2026
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12566245
Sold Date 04/10/26
Bedrooms 11
Annual Tax Amount $6,571
Tax Year 2024
Lot Dimensions 130x25
Property Sub-Type Two to Four Units
Property Description
Solid Chicago Brick 4-FLAT Updated Units & 3 Car Garage, less than 1 MILE TO QUANTUM SHORE park expected to have a 10 billion impact over the next decade. The rents vs price and appreciation make this an amazing deal (GRM is below a 7 . Investment Math is excellent: 7 ie. 81 x 7 = 567 value). You layout twice as much for the same rent elsewhere in this city not next to Billion Dollar Developments with government backed future. This is a strategic positioning play for * House hackers * Long-term buy-and-hold investors * Portfolio builders seeking early infrastructure alignment. Units recently improved and professionally managed. Rental Income $6,830/month * All tenants have consistent history. * Plug-in ready with owner-occupy loan option ( we will vacate a unit for owner occupier). The Building has 11 Bedrooms | 5 Baths, As stated Approx. 1,700 SF per floor (true jumbo Chicago layouts). Units have Fireplaces, Popular Exposed brick, Hardwood floors, New furnaces, New Roof Recoat, New Cabinetry, New gas meters/lines(moved to outside), 2 New Garage Doors and New Auto Openers amd tracks, Brand New Gutters, Window Capping and many Windows Just Replaced. New roof. 3 Brand New Furnaces. Many Updates Just Completed. 3-Car garage with new doors. Two open space yards (front and back). Enclosed rear porch (no exterior stair shoveling). Simply put this is a Solid, updated, oversized 4 unit that is income-producing and has a Excellent Appreciation location. Location & Transit basics: Bessemer Park directly across the street * 1 minute to Skyway (90/94 access) * Lake Shore Drive access * Metra access (2 station options) * Six bus routes * Steelworkers Park and lakefront nearby * Commercial Ave shopping corridor plus new TIF district * Indiana retail minutes away.
Location
State IL
County Cook
Community Park, Lake, Gated, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Space Heater
Fireplace N
Exterior
Garage Spaces 3.0
Utilities Available Cable Available
View Y/N true
Roof Type Rubber
Building
Lot Description Corner Lot
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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