322 S Kostner Avenue Chicago IL 60624 MLS #MRD12543861

MLS #MRD12543861 image #0
Step into one of West Garfield Park’s most strategic investment opportunities. This turn-key legal 3-unit offers immediate income potential and long-term appreciation upside, positioned in the heart of a targeted residential & commercial redevelopment zone where over 30 new multi-unit projects are slated to break ground next year. Each apartment has been expertly renovated with the modern finishes, new kitchens and baths, updated mechanicals, and separate utilities-providing a truly move-in ready low-maintenance experience. Perfect for owner-occupants using FHA or Conventional financing, or investors seeking a strong, cash flowing asset in a neighborhood on the rise. Highlights: *Fully renovated, inspection ready 3-unit building *Separate utilities & updated systems throughout *Strong rent potential supported by area comps *Minutes from CTA, I-290 & major West Side development corridors *Future new-construction projects will continue to elevate neighborhood value. Back on the market-not because of the property, but because of the buyer. Previous financing fell through seller is now focused on qualified, ready-to-close buyers. Seller is a licensed developer with multiple new builds planned nearby, positioning this property at the forefront of West Garfield Park’s transformation. Own now, benefit later. This is your chance to secure a fully renovated, income-producing property before the next wave of appreciation hits. Showing by appointment only. Pre-Approvals is required for showing.

Property Details

Price:
$595,000
MLS #:
MRD12543861
Status:
Active Under Contract
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
chiwestgarfieldpark
Listed Date:
Jan 8, 2026
Year Built:
1907
Chi – West Garfield ParkChiwestgarfieldpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
25

Financial

Tax Year
2024
Taxes
$5,445

Listing Agent & Office

Lawanda Gooden
Hometown Real Estate Group LLC

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