FULLY RENOVATED and fully occupied, this stabilized 3-unit asset offers highly predictable cash flow supported by Chicago Housing Authority (CHA) rental payments, providing dependable income regardless of market fluctuations. All units are leased, creating immediate and consistent revenue from day one. 2024 renovation significantly reduces future capital expenditure, with upgrades including new electrical, plumbing, HVAC systems, furnaces, A/C units, drywall, flooring, and appliances. These improvements position the property for low maintenance and operational efficiency over the long term. The offering also includes adjacent architectural drawings and an additional lot, presenting valuable future development or expansion potential. Combined with strong in-place income and minimized deferred maintenance, this property delivers both stability today and upside tomorrow.
Property Details
Price:
$695,000
MLS #:
MRD12555810
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chieastgarfieldpark
Listed Date:
Jan 27, 2026
Year Built:
1903
Schools
School District:
299
Interior
Heating
Forced Air
Exterior
Construction Materials
Brick
Parking Features
Yes
Parking Spots
2
Financial
Tax Year
2023
Taxes
$5,223
Listing Agent & Office
Anthony Munoz
Listing Leaders Northwest, Inc
See this Listing
Mortgage Calculator
Map
Similar Listings Nearby

3322-3320 W Congress Parkway
Chicago, IL


Recent Comments