3916 W Congress Parkway Chicago IL 60624 MLS #MRD12418679

MLS #MRD12418679 image #0MLS #MRD12418679 image #1MLS #MRD12418679 image #2MLS #MRD12418679 image #3MLS #MRD12418679 image #4MLS #MRD12418679 image #5MLS #MRD12418679 image #6MLS #MRD12418679 image #7MLS #MRD12418679 image #8MLS #MRD12418679 image #9
Discover an exceptional investment opportunity with this fully occupied 7-unit brick building that delivers immediate income potential. This well-maintained property features individual in unit furnaces and BRAND NEW separate water heaters, ensuring tenant comfort while minimizing owner expenses. The building showcases thoughtful updates throughout, including modernized kitchens and bathrooms, as well as BRAND NEW copper plumbing that stands the test of time. The property features 3 spacious four-bedroom, one and a half-bathroom units and 4 two-bedroom, one bathroom units with generous living areas and large bedrooms that tenants love. The solid brick construction provides durability and timeless appeal while maintaining excellent occupancy rates. This turnkey investment requires no immediate property improvements, making it perfect for investors seeking steady cash flow from day one. The building’s proven track record of high occupancy rates and premium rents speaks to its desirable location and quality management potential.

Property Details

Price:
$729,000
MLS #:
MRD12418679
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiwestgarfieldpark
Listed Date:
Jul 21, 2025
Year Built:
1926
Chi – West Garfield ParkChiwestgarfieldpark

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$105,135
Tax Year
2023
Taxes
$12,425

Listing Agent & Office

Victor Jimenez
Berkshire Hathaway HomeServices American Heritage

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3916 W Congress Parkway
Chicago, IL